The solution is largely API and custom driven and can be used for regular incoming and automated payments like subscriptions, as well as for larger business payments.
The platform also allows businesses to create custom products for the end user, enhancing options for customer use.
Overview
Transaction fee (International) | Refund Fees | Settlement timeframe | International markets |
|---|---|---|---|
$2 for receiving international transfers | 1% | 2-3 business days | 240+ countries & territories |
- Experience and dedicated solutions for education, healthcare, travel and B2B industries
- Multiple integration with ERP & CRM systems, as well as API use for custom integration
- Real-time tracking for payments and invoices as well as live reporting
- Lack of transparency with exhcnage rates and fees compared to other payment solutions
Features | Insight |
|---|---|
Invoicing | Automate invoicing in multiple currencies |
Guest payments | Request payments from anyone with locked exchange rates |
Integrations | Multiple integrations ranging from embeds to checkouts |
Accounting and CRM integrations | Connects to multiple accounting applications and CRMs including Sage, Oracle Suit, Xero, and more |
Expertise | Years of expertise in education, health, travel, and B2B solutions |
Pay-by-Link | Request payments with a single link creating a seamless payment experience |
Fees
The total cost of using Flywire is difficult to give an accurate number on as every customer will require a custom solution. This being said there are a few areas of the offering that allow us to stack up the cost against others on the market.
Service | Fee |
|---|---|
Domestic fees | $0 but your bank might add additional charges depending on the transfer method. |
Price cap per transaction (domestic only) | Not applicable. |
Receiving international transfer | $2 |
Currency conversion rate | Competitive rates but vary by currency. |
Refund fees | 1% processing charge. |
Chargeback fees | Average out around $10 - $50 per chargeback. |
Eligibility
Business types
Countries
Products offered by Flywire
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Signing up for Flywire
Go to Flywire
Visit Flywire's official website and navigate to the Sign-Up Page to create your account.
Fill Out Your Details
Fill in the details on the application form, including your name, email, address, and other required details.
Agree to the Terms & Conditions
Carefully read Flywire's terms of use and privacy policy. After reviewing them, tick the checkbox to indicate your agreement.
Create Your Account
Click on the "CREATE AN ACCOUNT" button to finalize your registration. You will receive a confirmation email shortly. Follow the instructions in the email to verify and activate your account.
Once everything is ready and verified, you will be able to manage and process the payments.
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