Flywire Corporation (Flywire), a global payments enablement and software company, has partnered strategically with Blackbaud, the leading software provider for powering social impact.
Under this collaboration, Flywire will become a preferred payment method for international students who pay their tuition and other related expenses to Blackbaud’s K-12 school customers in the United States. Incorporating Flywire into Blackbaud’s Tuition Management platform enables a seamless student payment experience and helps private and independent schools streamline incoming payments, including tuition and enrollment fees, from students worldwide.
Blackbaud, a prominent software provider for the K-12 market, understands the necessity of expediting the payment process for overseas students and institutions. Tuition payments for secondary schools in the United States can range from $4,200 to more than $29,000 per year, and students and families have traditionally had to rely on international wires and credit cards, which were complicated, provided little visibility into payments made, and charged high fees. With Flywire integrated into the Blackbaud Tuition Management platform, schools may deliver real-time, secure, and online payment processing features to families while preserving the current, reliable reconciliation procedure with Blackbaud.
Speaking about the collaboration, Mark Davis, Vice President, Education Products of Blackbaud, said:
As a trusted partner to K-12 independent schools, we always listen to our clients and find ways to innovate to make their schools run more effectively and efficiently. Our Flywire integration will help simplify international payments from international families, improving international student enrollment for our customers.
Schools that use Blackbaud will also benefit from Flywire’s out-of-the-box integration and around-the-clock multilingual support. This turnkey integration ensures tightly linked payment processing within the Blackbaud system. Both front-end and back-end users will benefit from easily accessing up-to-date balances and payment statuses in real time.
Sharon Butler, EVP and GM of Global Education of Flywire, added:
As Flywire continues to serve the K-12 education market, we’re thrilled to partner with Blackbaud, which brings meaningful relationships and a large footprint in the K-12 education sector in the U.S. Through our powerful, seamless integration, we are able to deliver exceptional payment experiences for students and schools alike—and we’re committed to building on this foundation as the partnership continues.
Headquartered in Boston, MA, USA, with global offices, Flywire leverages its vertical-specific software and payments technology to deeply embedded within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. It also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges. The company also supports more than 4,000* clients with diverse payment methods in more than 140 currencies across 240 countries and territories worldwide.
