Payments solution provider Flywire has furthered its expansion into the UK market after acquiring UK-based education payments firm WPM.

Education costs continue to rise, and students these days are demanding solutions to make attending school more affordable

Flywire has enhanced its platform to offer more flexible funding options so students can manage their education expenses during the Covid-19 pandemic.

A study carried out by international payments company Western Union Business Solutions shows 82% of international students want to pay tuition in their local currency. According to the research, financial factors are the second most influential in a student’s decision making after the courses on offer at an institution.