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

LSE streamlines multiple payment processes with Convera

Key benefits for international tuition payments and collections

A stress-free student experience

Convera empowers your international students with 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 for full transparency. 24/7 support is just a chat, email, or phone call away. And our flexible plans and payment reminders make it easier for students to manage tuition payments.

Seamless integration and control

Convera’s international payments platform easily integrates with your educational institution’s existing Student Information Systems (SIS) or Enterprise Resource Planning (ERP) systems, including TouchNet, and more. Choose a setup that matches your workflow whether it’s hosted, web-integrated, embedded, or API-driven. Take control of transactions with seamless connectivity and smart payments management.

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.

Navigate reconciliation with clarity and confidence

Stay in control of incoming payments and reconciliation without wasting time and resources. Trust that your payments will reach their destination with real-time payment tracking and reporting across every supported currency and market.

Tuition payments without surprises

You can have confidence knowing your student payment transactions will be paid and received in full. 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. Convera’s robust fraud detection systems help ensure every transaction is secure, delivering peace of mind for you and your students.

View current exchange rates

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Amount

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¹ The rates displayed by our free currency converter are neither “buy” nor “sell” rates, but interbank rates, the wholesale exchange rates between banks for transaction amounts over $5 million USD equivalent. Interbank rates don’t include the spreads, handling fees, and other charges that may be assessed by foreign exchange providers. Please note that, as such, these rates will vary from the rates available to our private and small business customers, due to transaction sizes and processing costs. These rates are therefore provided for indicative purposes only.

Key benefits for outgoing international payments

Competitive rates and smart transactions

Help lower costs and maximize efficiency 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.

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 screening, anti-money laundering, and counter-terrorist financing (AML/CTF) checks help keep your payments safe.

Crystal-clear international payments

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.

Seamless integration, instant access

Easily integrate our payments platform with your ERP system and workflows, ensuring smooth reconciliation that’s simple and customizable.

“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 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 payments 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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Customer Success Stories

LSE streamlines multiple payment processes with Convera

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Find out why educational institutions choose Convera for their commercial payment needs.

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