Secure international payments solutions for educational institutions

Alleviate administrative burdens and give students a world-class international payments experience. Whether you’re a university, college, or trade school, Convera expertly handles all your payment needs. Our intuitive platforms help streamline every transaction, from student tuition and refunds to outgoing transactions, loans, and grant payments.

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Trusted by tens of thousands of customers of all sizes

University of Denver elevates its international student payments through seamless integration

Global Summers Academy gets an A+ for budget certainty with forward contracts

LSE streamlines multiple payment processes with Convera

Northumbria University speeds US loan student disbursements

Key benefits for international tuition payments and fees

A stress-free student experience

Convera gives international students a wide range of secure payment choices for tuition and fees. Our multilingual platform offers affordable local and global payment options backed by real-time tracking and 24/7 support. Students can lock in rates for 72 hours, with no hidden fees, so they know how much they’re paying, and you know what you’ll receive.

Comprehensive fraud and compliance support

Fraud remediation, transaction monitoring, and regulatory reporting give students and institutions peace of mind that their transactions are secure and compliant.

Simplify the refund experience for everyone

Wherever the payment originates, our customizable refund portal streamlines bulk refunds (full and partial) via file upload, while both you and your students benefit from real-time tracking for full transparency.

Clear reconciliation and tracking reduces complexity

Maintain control of incoming payments and reconciliation without wasting time and resources. Trust that your payments will be paid and received in full, with real-time payment tracking and reporting across every supported currency and market.

Seamless integration into existing technology

Integrate our solution with your educational institution’s existing technology including Student Information System (SIS) or Enterprise Resource Planning (ERP) systems. Choose a setup that matches your workflow – hosted, web-integrated, embedded, or API-driven.

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We work where you need us

From education agents to referral partners to universities, we work where you need us. We help education agents support international recruitment, and ensure technology partners can deliver smooth student experiences, via the most convenient payment methods.

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¹ TRANSACTION FEE: The transaction fee is the sum of the fee(s) charged by correspondent bank(s) (if any) and/or the fee charged by Convera Australia Pty Ltd trading as Convera (“Convera”) to send an international payment. Based on historical data sourced for sending an international payment via our EDGE platform, a reasonable estimate of less than AUD$10 applies across currency pairs. Applicable transaction fees will be dependent on such factors as the specific currency pair, the transaction type and the time your transaction is processed as a registered customer of Convera.

² EXCHANGE RATE: The estimated exchange rate advertised includes a margin added to the interbank exchange rate. This is an indicative rate based on historical average margins using data sourced for sending an international payment via our EDGE platform. Please note that the estimated exchange rate shown is indicative only. The actual rate that will apply is the prevailing Convera rate for your
transaction type at the time and date your transaction is processed as a registered customer of Convera. Such rate is determined by several factors which include but are not limited to your specific circumstances, the transaction size and volume of the international payment, the currency pairs being traded or prevailing market conditions. You will need to register or log in to view your customized rate.

³ RECIPIENT GETS: In some instances, third-party intermediaries or beneficiary banks may levy additional fees and/or charges. These amounts can vary and Convera does not have control nor receive any benefit.

Key benefits for outgoing international payments

Competitive rates and smart transactions

Help lower costs and maximize efficiency on outgoing payments to suppliers, staff, and vendors worldwide with competitive FX pricing and smart payment routing that avoids hidden fees. Our outgoing payments are available in over 140 currencies across more than 200 countries and territories.

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Help mitigate your fraud risk

Our dedicated team of cybersecurity experts leverage decades of experience to help keep your transactions safe and stop threats before they happen. Rigorous due diligence processes including real-time and post transactional monitoring, sanctions and anti-money laundering screening help keep your payments safe.

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Clear visibility provides greater control

Stay in control with real-time payment tracking and reporting, for total visibility of every transaction. Know where your money is and where it’s going, always. Integrate with multiple accounting systems to eliminate double entry of invoices and manual work.

“Working with Convera has helped improve the payment journey for both domestic and international students. The platform is intuitive and offers a wide variety of payment options.”

Glenn Ruane
Head of Fees, London School of Economics and Political Science

Risk management for educational institutions

Expert FX risk guidance at your fingertips

Tap into the expertise of our currency hedging specialists. Build a robust risk management strategy and take control of cash flow projections, ensuring your treasury team has the insight to confidently navigate FX uncertainty.

Protect institutional assets from market uncertainty

Establish a scheme to help mitigate the impact of currency volatility on your university’s international endowments, research, and grants.

Mitigate volatility with forward contracts¹

Get more flexible protection with FX options¹

Take control of your cash flow

Hold funds in local or foreign currencies and strategically time international payments to global vendors when it makes the most sense for your cash flow.

¹ Our hedging products are derivative financial instruments which may expose you to risk should the underlying exposure you are hedging cease to exist. They may be suitable if you have a high level of understanding and accept the risks associated with derivative financial instruments that involve foreign exchange and related markets. If you are not confident about your understanding of derivative financial instruments, or foreign exchange and related markets, we strongly suggest you seek independent advice before making the decision to use these instruments.

A complete international payments solution for educational institutions

Simplify all international payments

Work with one provider for all your payment needs. From seamless tuition payments and refunds to flexible outgoing payments and risk management support, Convera helps ensure educational institutions have secure, efficient solutions for every international payment need.

A safe, smart student payment experience

Give students the flexibility to pay tuition using the method and currency of their choice, without leaving the secure space of your platform. Advanced fraud protection and real-time payment tracking let students focus on their education without worrying about their payments.

Built for institutions like yours, trusted by students worldwide

Over 900 educational institutions, including 8 out of 10 top-ranked universities trust Convera with their student tuition and international payments. With deep specialization and over 40 years of proven experience, we deliver the speed, certainty, and service that you and your students truly deserve.

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