As eCommerce continues its growth, the demand for providing solid options for cross-border payments also rises. In order to meet this need and supply our clients and payers with the most convenient international payment solution, we have decided to partner with PayPal.
We will add PayPal as a new payment method for payers in Canada, the European Union, the United Kingdom and the United States. The integration will streamline payment reconciliation for clients that offer Flywire for international transactions, and give businesses, students and patients another popular option when making those payments.
PayPal has more than 200 million active account holders that use its platform to make payments around the world via mobile devices, in an app, or in person. It has become one of the most popular payment methods available.
“PayPal’s technology leads the industry in payment processing options,” said Jason Smith, Global Channel Sales, PayPal. “We are pleased to deliver Flywire’s customers a secure and effective way to conduct international financial transactions.”
“We’re very pleased to be able offer PayPal as another core payment option for our clients and their customers,” said Ryan Frere, Vice President of Global Payments for Flywire. “It furthers our objective of taking the friction out of international payments and making them every bit as familiar, easy and convenient as domestic payments. Our goal is to make sure we’re providing the best payment methods to folks around the world that need to make cross-border payments. We’re also looking to make sure our receivers are getting what they need to in a great payment experience for their payers. When you look at PayPal, which is so widely accepted, this partnership is a continued path of providing the best options to the payers available.”