News

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Cards make paying global tuition easier

China Daily USA – By Yu Wei

Li Mo, an incoming Chinese graduate student at UC-Riverside, is likely be offered the new option of paying tuition in RMB for the upcoming billing cycle through a new program between China UnionPay, a banking card association in China, and peerTransfer, a provider of global payment solutions for the education industry.

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Boston start-up peerTransfer raises $6.4 million

Boston.com – By Mike Farrell

peerTransfer Corp. has raised $6.4 million in venture capital funding to speed up the growth of its online service indented to make it easier for international students to pay tuition, the company announced Tuesday morning.

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peerTransfer to expand with $6.4m funding

The Pie News – By Dan Thomas

International education payments firm peerTransfer has raised US$6.4 million in new funding to help it grow its client base outside the USA. Launched in 2010, peerTransfer allows students in 190 countries to make tuition payments to schools in the US and elsewhere for half the usual exchange fee.

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