Geoswift, UnionPay International and Western Union Extend Global Tuition Payment Promotion for International Chinese Students

Geoswift, UnionPay International and Western Union Business Solutions, a subsidiary of The Western Union Company, have recently offered a joint tuition payment promotion available to Chinese students studying at more than 600 academic institutions in 11 countries.

This alliance demonstrates the continued commitment in providing convenient and trusted payments which deliver an efficient experience for Chinese students and their families when making international tuition payments. The promotion is available only for Chinese students studying in the United States, United Kingdom, Canada, Australia, New Zealand, France, Switzerland, Singapore, Japan, Czech Republic and Austria who choose to pay a qualifying tuition payment.

Eligible Chinese students studying abroad who pay their tuition in RMB will receive a complimentary Amazon gift card worth RMB 100, while supplies last. To be eligible, students will need to make a qualifying RMB payment by selecting UnionPay on their institution’s WU® GlobalPay for Students platform and complete payment via Geoswift’s PayTuitionNow portal. The offer is available until March 31, 2019 and is subject to the following:

1.The promotion is available to UnionPay cardholders (card number starting with ’62’) who make a student payment of RMB 10,000 or more.

2.Users select UnionPay from their institution’s WU® GlobalPay for Students platform and complete payment via Geoswift’s PayTuitionNow portal.

3.Users who make a qualifying transaction are eligible to receive an RMB 100 Amazon gift card redeemable on Amazon.cn (the gift card can be used for products listed for sale on Amazon.cn, they cannot be used to purchase additional gift cards or merchandise from abroad. The card is valid for three years)

4.The promotion is valid while supplies last.

Raymond Qu, founder and CEO, Geoswift added, “The number of Chinese students studying abroad continues to rise and exceeded 600,000 in 2017[1]. Coupled with positive economic growth, cultural expectation and future employment prospects for Chinese international students, we believe that China will remain the world’s leading source of international students for the foreseeable future.”

“Chinese students who study abroad and their families are a customer group to whom we attach great importance,” said June Chen, General Manager of UnionPay International America. “And based on the UnionPay global acceptance network and service system, the UnionPay payment service system for these students is improving constantly: On the one hand, we are making education payments a feature service of UnionPay cross-border online payments, providing solutions to the biggest pain point of tuition fee payments. On the other, we are expanding our acceptance network in and near renowned schools, further enriching the card using channels by promoting innovative products like mobile QuickPass QR code payment. We are committed to offering better payment services to Chinese students studying abroad.”

“With a long history serving the education sector with more than 650 education institutions globally and providing payments to more than 200 countries and territories, we remain dedicated to providing innovative payment solutions that reinvent the way individuals send and receive money around the world,” said Adam Tiberi, senior vice president, strategy and product, Western Union Business Solutions. “We are proud of our continued alliance with Geoswift and UnionPay, and support this current promotion designed to help students as they continue their education journey in global markets.”