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Tue, Jul 11, 2023 11:30 AM

Flutterwave Launches Tuition to Ease Education Fee Payments for Africans Abroad and on the Continent

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Flutterwave Launches Tuition to Ease Education Fee Payments for Africans Abroad and on the Continent
Flutterwave, Africa's leading payments technology company, has launched Tuition, a new payment product that allows African users to conveniently pay various fees to educational institutions within Africa and overseas using their local currencies. The new service aims to solve the challenges faced by African students and their families in paying school fees for those studying abroad, by providing a more convenient, secure, and reliable means for payment.

Lagos, Nigeria - Flutterwave, a leading payments technology company in Africa, has announced the launch of its new payment product called Tuition. This offering aims to address the challenges faced by African students and their families when making payments for school fees, particularly for those studying abroad. With Tuition, Flutterwave aims to provide a safer, reliable, and more affordable means for African students to pursue their dreams of studying anywhere in the world.

Education is a crucial investment in the future, and many African students aspire to study at prestigious institutions overseas. However, paying fees to these institutions can be a complex and cumbersome process. Flutterwave's Tuition product is designed to simplify and streamline these payments, ensuring that students, parents, guardians, and sponsors can easily and securely make payments to educational institutions in their local currencies.

One of the key challenges faced by African students is the high cost of transactions when making payments to overseas schools. Traditional banking services often charge high fees and may not provide transparent and efficient processes for international transactions. Additionally, currency exchange rates can fluctuate, leading to uncertainty and potential financial loss. Tuition by Flutterwave aims to address these concerns by leveraging their world-class payments technology to offer a more affordable and reliable payment solution.

The service is currently available to African users who wish to pay school fees to over 40 institutions in the United Kingdom. Flutterwave plans to expand the offering to include more educational institutions in other countries in Africa and beyond. By expanding the reach of Tuition, Flutterwave aims to support the educational aspirations of African students, regardless of their chosen study destinations.

Olugbenga "GB" Agboola, CEO of Flutterwave, expressed his excitement about the launch of Tuition, stating, "We are excited to launch Tuition to support the dreams of African students across all levels who want to study anywhere without worrying about how to meet the deadline for their school fees payment."

Tuition by Flutterwave offers a user-friendly web app where parents, guardians, and sponsors can track and manage their transactions with ease. The app provides real-time information on payment status and transaction history for complete transparency and peace of mind.

Stella Elele, Product Manager of Tuition by Flutterwave, emphasized the company's commitment to providing convenient payment solutions for Africans, stating, "We are always looking for new ways to make payment challenges in Africa hassle-free, and we are confident that Tuition will be a game changer for parents who want to support their children's education."

Flutterwave has plans to expand the availability of Tuition to other African countries in the coming months, allowing more students and families to benefit from this innovative payment product. Additionally, the company aims to include more schools in Africa, the United Kingdom, the United States, Canada, France, and Germany, thereby increasing access to education opportunities for African students.

With the launch of Tuition, Flutterwave is leading the way in revolutionizing education fee payments for African students studying abroad and on the continent. By providing a reliable and affordable payment solution, Flutterwave aims to empower African students to pursue their dreams of obtaining a quality education anywhere in the world.

Source of content: OOO News 2023-07-11 News

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