SOURCE: peerTransfer


June 17, 2011 12:30 ET

peerTransfer to Host Free Webinar on Best Practices in International Student Payment Processing

CAMBRIDGE, MA--(Marketwire - Jun 17, 2011) - peerTransfer Corporation, a premier provider of global payment solutions, together with partner school Wellesley College and the Professional Development Group II, Inc., (PDG), will host "Save Time & Money While Helping Your International Students: Best Practices in International Student Payment Processing," a free webinar offered to schools and universities on Wednesday, June 22 at 2 p.m. EDT.

Featuring peerTransfer Director of Sales, Sharon Butler, and Wellesley's Manager of Student Accounts and Educational Financing, Jim Garrant, this webinar will offer insight to university business officers looking to save time and money on their international student payments.

International students represent a rapidly growing student population in the US, with more than 700,000 international students currently enrolled at colleges and universities across the US. Traditional payment processes for this population are complicated, and foreign exchange rates coupled with high bank fees make it even more confusing and costly. Attendees will learn how one school implemented a new system that makes the payment process simple and cost-effective for international students, and also saves the university business office a significant amount of time and money in reconciliation and posting. Garrant and Butler will discuss how Wellesley streamlined their international payment processes and discuss ways in which other schools can:

  • Save time and money on reconciliations
  • Track deposits and payments quickly
  • Eliminate short-balance payments
  • Reduce the risk of fraud
  • Have happier students!

Those interested in registering for this event, can register here:

About peerTransfer
peerTransfer is the pioneer in development of innovative global payment solutions. Its first offering, peerTransfer Education is targeted at the higher education market and has been proven to save schools and their international students a significant amount of time and money when making school payments (tuition, fees, etc.). Unlike traditional banks, peerTransfer is able to offer wholesale foreign exchange rates, which equates to a significant amount of savings for the students. The company was founded in 2009, is headquartered in Boston, Mass., with additional offices in Europe, and is backed by leading international investors (including Spark Capital, a $1 billion venture capital fund). The company has received several awards including winning the HIT Barcelona 2010 Innovation Summit and named as one of the "5 big ideas in Boston" by Xconomy.

For more information, visit:

Contact Information

  • Contact Information:
    Sally Comollo
    Director of Marketing
    Email Contact