Africa’s leading payments technology company, Flutterwave recently launched Tuition, a new payment product designed to allow African parents conveniently pay various fees to educational institutions within Africa and overseas using their local currencies.
Speaking about the product, Flutterwave CEO, Olugbenga Agboola said, “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. With Tuition, we are providing a safer, reliable, and affordable means for African students to pursue their dreams and seamlessly get financial support from parents, guardians, and sponsors.”
Tuition comes as a great relief to African users who have battled with the high cost of transactions, limited access to banking services, lack of transparency, security concerns, and currency exchange rates in payment to overseas schools.
All these challenges have made it difficult for Africans to make payments to overseas financial institutions within a short frame.
What will Tuition do for African parents?
Flutterwave’s Tuition will ensure payments ease when Africans are making the transactions. It features educational institutions like high schools, universities, colleges and some global edutech platforms.
Tuition allows students, parents, guardians and sponsors to pay school fees to over 40 institutions in the UK.
The new product which is currently available in Nigeria for UK school fee payments will soon be rolled out to other African countries in the coming months.
Leveraging Flutterwave’s world-class payments technology solution, Tuition will make it possible for Parents, guardians, and sponsors to directly make payments to learning institutions in the UK and easily track their transactions by checking the status and history on the Tuition web app.
In the coming days, schools in Africa, the UK, the US, Canada, France and Germany will be added to the product.
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