Financial Services - Warrington, England, United Kingdom
What is Uni-Pay?Uni-Pay is an international payment solution that has been specifically designed to enable educational institutions to collect international student fees, without the need to pay international bank transfer charges or credit card fees. Uni-Pay enables overseas students to pay their fees quickly, easily and at a low cost, giving them a simple and secure way to pay in their local currency and through their local banking system. The service benefits from low cost, excellent exchange rates and, in most cases, no international transfer fees. The Uni-Pay service is delivered through a secure web portal that has two distinct component parts. These are an account management portal for the educational institution and a separate payment portal for the students. Both are linked together in the background to provide a single overall solution for the processing of student payments.What are the benefits of Uni-Pay?Uni-Pay can virtually eliminate the costs associated with receiving international bank transfers or credit card payments being applied to educational institutions. What's more, the student will benefit from preferential exchange rates, meaning that the amount they pay in their local currency will be significantly lower than it is through the standard banking and credit card channels - reducing the cost to the student as well as the educational institution.
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