Payments company Flywire has partnered with Tencent's fintech arm in a bid to allow Chinese students to make education payments abroad via WeChat Pay.

Bangladeshi students wanting to study in major destinations are having issues paying their tuition fees due to dwindling forex reserves, sources have told The PIE. 

A new company based in Australia is bidding to streamline international tuition fee and commission payments, and make the process more affordable.

Nigerians are anxiously waiting to fulfil studying abroad ambitions amid increased wait times from the Central Bank of Nigeria for discounted exchange rates.

Global payments specialist Flywire has acquired Cohort Go as it seeks to accelerate growth in partnering with agents and further invest in APAC.

Global payment platform EasyTransfer has partnered with CashFree payments to facilitate easier international payments for Indian students.

University finance offices and international offices are at somewhat of a turning point, as representatives from both sides are only just getting over a disconnect, stakeholders have said.

Currency controls in place in certain countries leave universities open to money laundering risks and application and refund overload, according to WPM and Flywire.