Innovation is needed to improve the college payments experience. Given the range of problems riddling the current payments infrastructure at many colleges, it is clear that innovation is needed. This is especially true because students are increasingly expecting convenient, technology-driven experiences. These range from paying...
PYMNTS interviewed Adam McDonald, president at TouchNet, on how the company is helping colleges and universities simplify and modernize their payments infrastructure — At a time when businesses everywhere are adapting to meet customers’ increasing expectations for digital payment methods and technology-driven interactions, institutions of...
Buy now, pay later (BNPL) has become a part of everyday life for American consumers, and its popularity is still expanding. Twenty-nine million consumers in the United States leveraged BNPL to make purchases in 2021, and 59% of consumers said they would be willing to use third-party BNPL solutions. Americans...
With 42% of consumers poised to use BNPL for medicine and prescriptions and another 38% for education, Heidi Hillis from Fortuna Admissions tells PYMNTS how installment plans can reduce costs and discounting while also maintaining value for students.
January 18, 2018
What do the health care and education segments have in common? They both have customers who must make large payments prior to receiving services, such as taking classes at a college or visiting a doctor’s office or hospital for medical treatment. When those payments are cross-border, the lack of transparency around exchange rates and transfer times created […]
June 09, 2017
Getting tuition paid is one headache. Sending tuition abroad can cause headaches of a different sort: How do you know if your check to Europe for that semester abroad will...
March 02, 2023
ClassWallet’s digital wallet technology platform is now being deployed in early childcare and preschool markets. Already used for state agencies, family scholarships, private schools and K-12 school districts, the platform has entered these new markets with a contract in which it will be used by the Georgia Department of Early Care and Learning (DECAL) to […]
September 22, 2022
Merchant sales volume for the eLearning market rose by 350% since 2019 for education and professional development providers using white-label buy now, pay later (BNPL) Splitit. Splitit has more 100...
July 14, 2022
Global payments enablement and software company Flywire has acquired international education payments platform Cohort Go to bring students, agents and student services to Flywire, according to a joint press release...
