Wirecard and EasyTransfer are collaborating to enable seamless mobile payments for digital-native Chinese students. Together the two companies are launching a new mobile payment and loyalty app designed for Chinese students studying outside of China. Approximately $3.8 billion in tuition payments were transferred via EasyTransfer in the first year alone.
EasyTransfer was founded by a group of former international students who wanted to help simplify tuition payments for students worldwide. The company streamlines the entire traditional wire transfer process and makes it fully digital, saving students, as well as their families precious time and offering peace of mind so that they can concentrate on their studies.
Wirecard has customized its intelligent mobile payment platform specifically for EasyTransfer. Thanks to this collaboration, students can effortlessly shop online and offline via Wirecard-issued fully digital payment products, pay for meal plans, receive targeted partner merchant offers, make peer-to-peer transactions and manage expenses through the EasyTransfer app at the push of a button.
Wirecard will initially enable EasyTransfer’s first phase roll-out in the United Kingdom, while later on expanding into markets like Australia, North America and other Chinese student destinations.