Flutterwave launches Tuition, to capitalise on the FX demand for school fee payments 👩🏽🎓
Flutterwave, a leading payments company in Africa, has launched a new payment product called Tuition to address the challenges faced by African students in paying school fees for educational institutions within Africa and overseas. Due to foreign exchange scarcity, limited access to banking services, and other issues, Africans have experienced difficulties in ensuring that their funds are disbursed to overseas institutions in a timely manner. Flutterwave's Tuition aims to provide a convenient and secure solution for students, parents, guardians, and sponsors to make school fee payments using local currencies. The service currently covers over 40 institutions in the UK, with plans to expand to other countries in Africa and beyond. Tuition utilizes Flutterwave's payment technology to offer a reliable and trackable payment experience, and it will soon be rolled out to other African countries. Flutterwave also plans to add more schools globally as the product expands.
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