University Business Magazine Names peerTransfer a Top Product of 2013

peerTransfer, the leading provider of global payment solutions for the education industry, received the Readers’ Choice Top Product award by University Business Magazine. The award, which peerTransfer also received in 2012, recognizes the most innovative and influential products in higher education.

The winners were selected by the editors of University Business from hundreds of nominations submitted by readers. Winners were selected based on both the quantity of nominations and the quality of the nominees’ testimony of the product.

This prestigious list informs university leaders and administrators about the products their colleagues around the country are using to help their schools excel.

“I am glad that peerTransfer was named a University Business Top Product of 2013,” said Flo Olney, Student Financial Service Manager at California State University, East Bay. “Based on the quality and innovation of the peerTransfer solution, this award is no surprise. The company has built a great reputation in the marketplace and our students really appreciate peerTransfer’s product because it allows them to pay tuition fees in their home currency while saving money with lower exchange rates.”

Since signing its first higher education client in January of 2011, peerTransfer has quickly grown to over 400 clients across the United States, Canada, United Kingdom and Australia. The company’s free product streamlines international payment reconciliation and support systems for educational institutions, giving students and families a simpler, cheaper and better way to pay tuition and fees using their home currency.

“We are honored and thrilled, once again, to be named as a Top Product of 2013,” said Mike Massaro, CEO of peerTransfer. “Our team is determined to provide an amazing experience for international payers. This award acknowledges our efforts while reinforcing the value our 400+ clients see in our product and the positive impact it has on the higher education industry.“

View the related article written by Lauren Williams. University Business Magazine, January 2014


peerTransfer is the leading developer of innovative global payment solutions for the education industry. The company enables thousands of international students and hundreds of schools from all over the world to save time and money when making or receiving international payments. Compared to using traditional banks, students can save on lower fees, enjoy a more convenient online experience, and receive superior customer service when dealing with the complexities of international payments. Schools benefit from peerTransfer’s free solution because they remain compliant with ever-changing international regulations and save time and money by improving the processing and posting of international payments. The company is headquartered in Boston, with additional offices in Europe.

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