University Living, a global student housing marketplace, and EasyTransfer, a fintech specialising in cross-border payment solutions, have forged a strategic partnership to streamline the accommodation rental process for international students.
Students served by University Living come from diverse regions, including South Asia, Greater China, Southeast Asia and Europe. Pursuing education in countries like the United Kingdom, United States, Australia, Europe, Canada, and beyond, students are presented with challenges in finding suitable overseas accommodation and managing fee payments. In response, University Living has partnered with EasyTransfer to address the significant hurdles associated with securing international accommodations and navigating complex payment processes.
"We are excited to announce our partnership with EasyTransfer, which will revolutionise overseas payments for University Living users. With EasyTransfer's efficient solutions, our students can now seamlessly and quickly make international transfers, eliminating the traditional hassles of documentation. This collaboration ensures that our India-based users can access competitive rates and enjoy a smoother remittance experience. This will significantly benefit students and their families by making the process hassle-free, more convenient, and efficient." - Mayank Maheshwari, COO, University Living.
Many international payment methods can take several days or weeks to process student payments for accommodations, resulting in stress and inconvenience. Recognising the need for a more efficient solution, EasyTransfer introduces cutting-edge payment technology to overcome these challenges, enabling students to swiftly secure their preferred room booking. The integration of EasyTransfer into the University Living platform will further simplify and expedite the payment process for international students.
"EasyTransfer ventured into the India market, realising that there was a huge void between student and universities to pay and receive tuition payments from India," said Sahil, India Country Manager, EasyTransfer. "We bridged that gap by not only providing excellent one-to-one customer service for each one of our students, but also providing them some of the best exchange rates available in the market. We plan to expand rapidly in India with our cutting edge fintech solutions and providing world class services to our students, partners and universities alike."
The two platforms will leverage their advantages in the student source countries to broaden their market reach. A standout feature of this collaboration is EasyTransfer's locally based customer support team facilitating seamless communication between students and the booking team, which has proven to enhance the user experience and boost retention rate.
In a joint commitment to enhance the overall journey for international students, University Living and EasyTransfer will provide an efficient solution that elevates the student experience in securing accommodations and managing cross-border education payments around the world.
About University Living
University Living Accommodation is a community-based global student housing managed marketplace, providing students with safe, comfortable, and affordable accommodation options across different countries. Our innovative platform seamlessly integrates technology to empower students with a vast selection of accommodation options, boasting over 2 million beds across 515+ student-centric cities spanning the UK, Ireland, Australia, Europe, USA, and Canada.
The company generates annual traffic of 8 Million annually and has assisted 2 Million students to date from 110+ nationalities. University Living has built an organic marketplace for student accommodation, and the focus has always been to stay ahead of the curve, which makes the company a tech-enabled and content-led product. UL is an award-winning organisation with a GBV of 500 million and more than 15 million nights in just 7 years. Being a category creator with a decade of experience, the company offers hassle-free booking services, transparent pricing, and 24/7 assistance to ensure a seamless post-admission experience for students.
About EasyTransfer
EasyTransfer is a cross-border payments and compliance FinTech headquartered in Singapore with offices across Greater China, India, UK, US, Canada and Australia. For 10+ years, EasyTransfer has provided an online education payment platform for international students, processing more than US$ 3 billion annually in payments to education institutions and accommodation providers globally. By offering novel payment technologies, transparent and fair exchange rates, 1-to-1 guidance and native speaker support based in the home countries, EasyTransfer has helped international student families overcome cross-border financial challenges and pay tuition fees like a local.
EasyTransfer works with 1,500+ education agencies, pathway programmes, colleges, universities and accommodation providers around the world. Our in-house technology and operations teams custom-build solutions and integrations for our education partners. Over the past years, EasyTransfer has been ranked on FXC Intelligence Global Fintech 100, KPMG Fintech 50, and Forbes Asia 100 to Watch lists. EasyTransfer is financially backed by 10+ leading global investors, including Tencent, New Oriental, IDG Capital, ZhenFund and China Equity.
