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Stock impact report

Flywire Partners with HDFC Bank to Digitize Education Payments from India

Flywire Corporation - Voting (FLYW) 
Company Research Source: GlobeNewswire
Provides Indian students a fully digital checkout experience for cross-border education payments Enhances transparency and digitizes Liberalised Remittance Scheme (LRS) documentation process for payers BOSTON, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today announced that it has partnered with HDFC Bank Limited, India’s largest private-sector bank, to enable Indian payers to seamlessly and digitally pay international education fees to higher education institutions all over the world. The integration provides students and families a streamlined experience when making high-value education payments and helps them comply with LRS requirements, which are guidelines to help streamline overseas transactions and investments for Indian residents. Flywire integrates directly into HDFC Bank’s banking platform, providing Indian students with a fully digital checkout experience for their transactions, ran Show less Read more
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