- Slice of Finance
- Posts
- Convera Launches Embedded Payments Solution for Education Industry in Partnership with Ascent One
Convera Launches Embedded Payments Solution for Education Industry in Partnership with Ascent One
Slice of Finance Team
26 Aug
Key Highlights:
Convera introduces an embedded payments solution for the education sector, integrated with Ascent One's ecosystem.
Seamless cross-border payment experience for education institutions, agents, and international students.
Direct integration with educational websites and systems, offering transparent pricing and local currency payments.
Reduces payment processing errors and eliminates intermediary bank fees.
Source (Business Wire)
Notable Quotes:
"Our partnership with Ascent One means we’re able to offer an agent solution via our new embedded payments solution that is helping education institutions and education agents to process student payments safely and efficiently."
“We’re excited to work with Convera and have them as our primary global payments partner. By leveraging Convera’s embedded payments solution into our platform, education agents across 167 countries can seamlessly manage any part of the student’s study journey from recruitment to admissions to facilitating payments on the student’s behalf all from one place.”
Our Take:
Convera's collaboration with Ascent One marks a significant advancement in the education sector's payment infrastructure. By embedding its GlobalPay for Students platform directly into educational institutions' systems, Convera is addressing the complex challenges of cross-border payments head-on. This partnership not only simplifies the payment process for international students but also enhances the operational efficiency of education agents. With Convera’s extensive global reach and Ascent One's deep integration in the education sector, this solution is poised to become a critical tool for institutions aiming to streamline their financial operations and improve the student experience.