Despite the enormous adversity faced by this generation of Chinese students pursuing studies abroad, the majority of them are still holding on to their education goals and are looking forward to commencing studies. As part of the commitment to support these students through a quality payment service, Geoswift, Western Union Business Solutions and UnionPay International have joined forces to release a special offer to make it cheaper for Chinese students when they pay fees with UnionPay debit cards through WU® GlobalPay for Students.

As the payments business moves toward faster settlement, verifying payor accounts becomes crucial, yet for non-card payments, “there’s a gap there,” notes Patricia Hewitt, principal at PG Research & Advisory Services LLC, a Savannah, Ga.-based payments consultancy. On Thursday, Checkbook Inc., a San Mateo, Calif.-based startup, announced a step toward solving that issue.

Today Geoswift has partnered with Alipay and Western Union Business Solutions to announce reduced rates to Chinese students when they pay International fees with Alipay through WU® GlobalPay for Students.

Mike Cowen, Head of Products & Innovation – UK, Ireland, Nordics & Baltics at Mastercard, […]

Mark Bradbury, Global Head of Payments at Accuity, chats to Ali Paterson about how cross-border […]

Geoswift, a leading cross-border payment technology company, in partnership with UnionPay International and Western Union Business Solutions, announced today that a reduced fee is now offered to Chinese students paying tuition through WU® GlobalPay for Students.

Xpress Money, a Finablr company and one of the most dependable money transfer brands in the world, has partnered with Geoswift, an innovative payment technology company connecting China and the rest of the world. This collaboration will enable customers across the globe to send money to 14 banks in China directly to a receiver’s UnionPay card account. Recipients will enjoy real-time cross-border bank transfers sent by their loved ones.

The bane of traditional bank charges is not new to many Nigerians and Africans. Aside from the hassle of visiting branches to get account updates and request for ATMs, the infrastructure itself has time and again proved porous. Bank accounts have been breached, and hackers have carted away with sums of customers’ money in situations banks would rather not take responsibility for. Is Kudabank the answer?

Geoswift, a leading provider of cross-border payment solutions between China and the rest of the world, has partnered with Discover Global Network, the payments brand of Discover, allowing Geoswift’s merchants to accept more methods of payment than ever before. Geoswift merchants will now have the ability to accept Discover, Diners Club International and affiliate network card payments.

One month after launching its InstantPay solution, Checkbook.io is back in the fintech headlines with news of its partnership with event production booking platform Castifi. The hub for event and media production managers is leveraging technology from Checkbook to make it easier to ensure that short term workers get paid as quickly as possible.

Anyone who's worked in the film industry will attest, getting paid on projects isn't always a smooth process. Whether the check was "lost in the mail" or "fell through the cracks," there is no shortage of reasons why payment was delayed.

Do you really need to write a check? They’ve come in handy for years, but there are better options today.

The most immediate relationship the average person has with fintech comes in the form of digital payment services. Apps like PayPal, Venmo, and Zelle have made it easier than ever to send money to friends and coworkers for things as small as food, drinks, or concert tickets. Cash is a relic of the past.

Digital check innovator Checkbook.io unveiled Instant Pay today. The new offering streamlines the funds transfer process for businesses that want to send money to individual and business bank accounts.

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.