We are delighted to announce a strategic partnership between WooshPay, a leading payment solutions provider, and Peking University HSBC Business School (PHBS). This collaboration is set to revolutionize the payment experience for PHBS students and streamline the institution’s financial processes.
About WooshPay Payment Solution
– Versatile Payment Methods : Supports various payment methods including Visa, MasterCard, WeChat Pay, Alipay, UnionPay, and many other local payment methods, ensuring convenience for all students.
– Local Bank Transfers : Facilitates large tuition fee payments through local bank transfers.
– Compliance and Efficiency : Lawfully and compliantly declares study abroad materials without affecting the student’s foreign exchange quota.
– Reliable Customer Support : Our 7x16h customer service is available to promptly resolve any payment issues.
– Swift Fund Settlement : Payments made by students are settled to the institution within one working day.
– One dashboard manage all information: Access transactions, download reports, manage refunds, initiate withdrawals, and more, all in one unified backend account.
– System Integration Solutions : WooshPay provides system integration solutions to automate and streamline the institution’s payment collection process.
Sage Software Integration
Peking University HSBC Business School (PHBS) utilizes Sage Software for billing and invoicing. Through WooshPay seamless integration with Sage Software, WooshPay ensures that when students make payments, Sage Invoices are automatically reconciled. This integration not only increases efficiency but also reduces the administrative burden on financial staff.
Read how the Sage Software integration works here.
Benefits for Peking University HSBC Business School (PHBS) and their Students
For Students : WooshPay’s wide array of supported payment methods caters to the preferences and convenience of all students, particularly those familiar with Chinese payment methods. The ability to pay large tuition fees through local bank transfers and the assurance of compliance without affecting foreign exchange quotas further enhance the student experience.
For PHBS : The institution benefits from the full invoice amount without worrying about additional fees. The quick settlement of funds within one working day ensures smooth financial operations. Moreover, the integration with Sage Software increases the efficiency of financial staff, allowing them to focus on more strategic tasks.