Convera partnership news – Convera , a Global Leader in Commercial Payments New Partnership with Ascent One

By tackling a significant issue in the education sector, this solution seeks to make cross-border payments for international students and education agencies easier. Education institutions can offer a smooth online payment experience to education agencies and overseas students by incorporating Convera's embedded payments technology into their systems.

The new solution addresses the frequently overwhelming and prone to error nature of current online payment processes by directly integrating Convera's worldwide tuition payment platform, GlobalPay for Students, with the websites and management systems of educational institutions. Students and education agents can now safely execute big cross-border payments using a single interface, doing away with the need for several redirects.

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This simplified process eliminates uncertainty and provides upfront pricing, a comprehensive selection of payment options, and the option for students to pay using local currency for both education agencies and students. Furthermore, students and education agents may guarantee that their payments reach their educational institution in full and on schedule, avoid paying middleman bank fees, and enjoy a better, more efficient user experience.

Education agents can now make payments with ease thanks to Ascent One's integration of Convera's embedded payments technology. These representatives play a crucial role in helping students choose universities and their next academic paths.Education brokers play a crucial role in helping educational institutions achieve their international student recruiting targets, therefore streamlining procedures is imperative.

Education agents are empowered by Ascent One to support student mobility globally, especially in important destination nations. Agents from Ascent One can now help students with the facilitation of tuition fees and other payments related to their education by working with Convera.

Naresh Gulati, CEO, Ascent One said, “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, It was an easy decision for us to choose Convera for their strong reputation, unparalleled global reach and trust within the education industry. Convera’s global financial network, cross-border payments knowledge, and robust compliance and security measures were driving factors for us.”

Julie Armstrong, VP, General Manager, Global Head of Industry Solutions & Partnerships, Convera said, “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, For many students and their families, paying for their education tuition is one of the biggest transactions they will make in their life. We want to ensure they can do so with confidence and clarity. Through our partnership with Ascent One, we’re making it easier for students to focus on what is most important – their studies – by not only simplifying the payment process but giving them the peace of mind that their education institution will receive their payment in full and on time.”

About Ascent One

This management guidebook was discarded by Ascent One. In order to manage admissions, expedite interactions, and carry out tailored marketing efforts for increased student involvement, education providers must adapt to this completely automated ecosystem.

About Convera

Convera is a global commercial fintech company that facilitates easy money transfers to drive global trade. More than 25,000 clients worldwide, including small businesses, CFOs, and treasurers, may expand with confidence with the support of our tech-driven payment solutions. Convera's financial network encompasses more than 200 nations and territories and more than 140 currencies. They are recognized authorities in foreign exchange, risk, and compliance, with an unparalleled regulatory footprint.