International

Geoswift, Western Union, UnionPay Launch Tuition Pay Promotion for Chinese Students

Geoswift, Western Union Business Solutions and UnionPay International have announced the latest joint tuition payment promotion available to Chinese students studying in other countries.

According to a press release, the promotion will deliver an enhanced user experience to simplify the payment experience for Chinese international students. They can now view payment history at a glance, track all payments and enjoy a fully automated refund process.

Chinese students in the United States, United Kingdom, Canada, New Zealand, France, Australia, Switzerland, Singapore, Japan, Czech Republic and Ireland can utilize the promotion, which is available until March 31, 2018, to cardholders (with UnionPay card numbers starting with 62) to make transactions via Geoswift’s PayTuitionNow portal.

“China accounts for about 25 percent of international students in the world, the country is instrumental in shaping the global trends of international student mobility,” said Raymond Qu, founder and CEO of Geoswift. “The United States followed by United Kingdom and Canada are the most popular destinations for outbound Chinese students for overseas education. Coupled with positive economic progress and rising household income, there is a higher demand for Chinese students seeking international qualifications.”

After every successful qualifying tuition payment, users can receive an Amazon Gift Card redeemable on Amazon.cn, worth RMB 100 for every RMB 10,000 or above transacted. The promotion is valid for a limited time while supplies last.

The announcement comes after Western Union recently launched its enhanced WU GlobalPay for Students product, which will enable academic institutions to better reconcile, refund and track payments from international students.

“Western Union Business Solutions looks forward in continuing our successful relationship with UnionPay and Geoswift in enabling Chinese students and their families to  settle tuition payments easily and effectively. As a trusted payment provider for students in more than 140 countries studying at more than 600 education institutions globally, we are delighted to be part of this promotion,” said Kerry Agiasotis, president of Western Union Business Solutions.

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