Western Union has announced a collaboration with TRUE North to enable students to pay tuition using a simplified payment process without hidden charges to the institution.

Western Union have announced a new feature on its global payment app to ease international fee payment, in partnership with WeChat.

UK universities could collectively be paying up to £80m as a result of the credit card transaction fees from international tuition payments, according to Western Union.

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.

Money transfer giant, Western Union, will make it easier for universities to accept payments in Indian rupees — benefiting the thousands of Indian students who currently face extra costs when paying their tuition fees. Indian students are among the most populous in the international student community.

Global payments service Western Union has launched a new payment platform for universities and other international education institutions featuring new elements to facilitate collecting and managing funds from overseas students. The University of Edinburgh is the first client...