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PayMyTuition - Nelnet Integration - Enterprise Solution 

MTFX Foreign Exchange
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Paymytuition’s integration into NELNET’s Enterprise solution allows for a seamless payment experience for international students.
Integrated directly into Enterprise, students are prompted to MAKE A PAYMENT. After selecting the account and payment amount Students are directed to select a payment method.
On click of the international payment method international students then click on a “Proceed to Paymytuition” button which redirects the student to the Paymytuition portal where outstanding student balances are prepopulated from Enterprise through the Nelnet/Paymytuition integration.
Paymytuition allows students to pay from virtually any country in any currency with over 200 payment options at great exchange rates. In order to make our international students payment experience nothing short of exceptional, with 24/7 multilingual customer support in 14 different languages.
In this example, our student coming in from the China is offered several payment options
After selecting their preferred Payment option, students follow a simple four step process to complete their payment.
Student details are directly pre-populated from Enterprise following which the student then selects their payment type and other payment details.
The student then completes their payment process by providing their identification documentation to adhere to anti-money laundering and compliance laws before confirming their payment.
Funds are now ready to be transferred to your Educational Institution.
Local currency payment instructions are then presented to the student to make their payment. Students have the choice to process their transaction, ask for more time to pay, or should they require - they can even cancel their payment.
Students can also confirm the status of their payments and can request update emails or SMS alerts so that they can track their payment at every step of the way.
After the payment is received and funds have been deposited into the school’s bank account, payment confirmation is sent to Enterprise and the payment is then posted to the student account in real time or in your end of day payment file.
PayMyTuition’s integration into NELNET’s Enterprise is designed to create an exceptional payment experience for international students while also removing the burden of manual data entry or batch file uploads.
Paymytuition and Nelnet are determined to change the game through a solution-based approach driven by awesome technology and great customer service.

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8 окт 2024

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