Flywire Corporation, a global payments enablement and software company, announced a partnership with UBION, an education technology provider in Korea, to enhance tuition payments for international students in Korea. This collaboration integrates Flywire’s secure international payment platform with UBION’s educational services to simplify cross-border tuition payments for students and institutions.

Effective immediately, parents of international students will be able to pay tuition fees and other education expenses in their local currency, utilizing Flywire’s secure platform, which supports over 140 currencies and multiple payment methods.

Empowering International Students and Universities

This partnership delivers key advantages for students, parents, and universities:

• Seamless Payment Experience – Students can pay tuition in their preferred currency with localized payment options, reducing processing delays and foreign exchange uncertainties.
• Real-time payment tracking: Flywire sends email and text status updates so students can easily track payments from initiation to delivery.
• Increased Security & Compliance – Backed by first-class security and compliance, Flywire's comprehensive solution helps minimize fraud and reduces anti-money laundering (AML) scope.
• Alleviate administrative burdens and manual processes – Flywire's automated payment and reconciliation coupled with around-the-clock multilingual support enables institutions to speed processes and reduce inbound call volume by 40% to help drive efficiency.

Industry Leaders Endorse the Partnership

“This partnership is a significant step in improving cross border payments for international students and their families,” said Rodney Kim, Senior Strategic Partner Manager at Flywire. “By working with UBION, we’re making cross-border payments simpler and more secure, while helping institutions reduce administrative burden.”

JaeHwan Lim, CEO of UBION, added, “Partnering with Flywire allows us to streamline the payment process for students and their families, while giving institutions a more secure and efficient way to manage transactions. It’s a meaningful step in strengthening the support we provide to our international student community.”