Tuition: Flutterwave Launches App Which Enables Diaspora Nigerian Students Pay School Fees In Naira
The top payments technology firm in Africa, Flutterwave, launched Tuition, a new payment service that enables African customers to effortlessly pay a variety of tuition fees to educational institutions both domestically and abroad using their local currencies.
On Tuition, you can find high schools, colleges, universities, and even international edutech platforms.
The purpose of tuition is to make payments easier and to address the problems associated with paying school fees for students who are studying at home and abroad.
With ambitions to add more institutions in more countries in Africa and beyond, the new service now makes it possible for students, parents, guardians, sponsors, and sponsors to pay school fees to over 40 institutions in the UK.
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It has been reported that African payments to overseas schools have been hindered by a myriad of challenges. From the high cost of transactions, limited access to banking services, lack of transparency, security concerns, and currency exchange rates,
Africans have faced difficulties in ensuring that their funds are disbursed within the shortest time possible to overseas financial institutions.
The new product will leverage Flutterwave’s world-class payments technology solution to make school fee payments more convenient, secure, and reliable.
Parents, guardians, and sponsors can now pay directly to learning institutions in the UK and easily track their transactions by checking the status and history on the Tuition web app.
Olugbenga “GB” Agboola, Flutterwave CEO, commented on Tuition by saying, “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.
Speaking on the new product launch, Stella Elele, Product Manager Tuition by Flutterwave, said: “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. We are excited to offer this solution to parents in Nigeria, with plans to eventually roll out the service to other African countries. We want to provide the best possible service and support for our customers.”
