TransferMate offers a complete solution to educational institutions managing incoming and outgoing payments, both domestic and international. With no fees or set up costs, preferential exchange rates and lower admin costs, you and your students can make significant savings on admin time and bank charges worldwide.
TransferMate offers three different payment platforms to suit your organisation’s needs.
Our customised payment portal is hosted by TransferMate on our domain. We can customise the portal with your institute’s own logo and tailored payment fields.
Our iFrame option allows you to host the TransferMate payment portal on your website for a seamless payments experience.
Full or semi-integration into many management systems for enhanced user experience
The sender registers on the secure TransferMate domain and enters their payment details.
The sender receives the exchange rate for that day (valid for 48 hours) and makes payment into the TransferMate bank account in their home country in their local currency.
Once funds are received, payment is immediately transferred to the beneficiary’s account from the local TransferMate account in their home country.
Calculate how much you could save with Transfermate?
By saving on international bank charges and giving your students an easy way to pay, you can save substantially every year on cross-border tuition transfers.
50% of Students Pay by Credit Card
| Students: | 400 |
| Tuition fee: | USD 20,000 |
| Total fees: | USD 8,000,000 |
| Merchant fee @ 2% Total: | USD 160,000 |
50% of Students Pay by Wire Transfer
| Students: | 400 |
| Bank Fee per payment: | USD 13.00 |
| Bank Fees Total: | USD 5,200 |
*Indicative fees and exchange rates used for example savings only.
“The students have found that by using TransferMate to transfer payment of tuition fees, not only is it easier and more efficient, they receive an immediate official receipt of payment.”
“It’s a fantastic initiative. It’s very simple to use, and reduces the complexity of trying to pay through my bank.”
“We have been so impressed with the service that it has now been extended to all non-European undergraduate, non-European post graduate students and independent students from the U.S.”
“aparto and TransferMate have been working together since 2018, providing easy payment solutions for our students. Since then, the platform has improved the payment experience especially for our international student paying from abroad.”
Use bulk payments to make up to 5,000 payments to employees or partners with a single click