newsfilter
← Latest News
GlobeNewswire·

Flywire Expands Partnership with TenPay Global to Offer Weixin Pay to Chinese Students in South Korea and Malaysia

  • Flywire partners with TenPay Global to extend Weixin Pay (WeChat Pay) as a payment option for Chinese students studying in South Korea and Malaysia.
  • The collaboration enables students to initiate and complete tuition payments in Renminbi directly through the Weixin app.
  • This direct connection aims to remove cross-border payment barriers such as complexity and prolonged processing times.
  • Institutions in South Korea and Malaysia will receive full payment amounts reconciled in their local currencies to improve cash flow.
  • Chinese student enrollment in Malaysia grew fivefold from 2019 to exceed 47,000 in 2024.
  • South Korea hosted approximately 73,500 Chinese students in 2024 with continued steady growth.
  • The strategy targets high-growth education corridors driven by geographical proximity, cultural affinity, and affordability.