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In a PYMNTS interview with Karen Webster, Ryan Frere, vice president of global payments at Flywire , said the partnership “opens up 13 currencies across the network we can allow payers to choose when they use JCB cards to pay tuition.”. And, as he told Webster, the JCB partnership helps establish a beachhead into other verticals.
To that end, cross-border payments firm Flywire and CashNet, which offers a payments platform focused on education-related payments, have entered into a new strategic relationship to help smooth friction in paying for studies abroad.
As Karen Webster put it in an interview with Flywire CEO Mike Massaro , “a business receiving a payment from another business finds it difficult to reconcile and post that payment to their internal accounting records, given those many variables and inconsistencies.”.
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