TOKYO–(BUSINESS WIRE)–Western Union Business Solutions, a leader in global payments services, announced a collaboration with Hosei University that will give students of the Japanese Language Program (JLP) the ability to pay their tuition and expenses with WU® GlobalPay for Students, offering a simplified payment process, with the assurance that funds will arrive on time and in full, without hidden charges.
The international payment system, GlobalPay for Students, provides students the ability to review payment options with a price comparison tool, and lock-in exchange rates in advance. Students can pay in their home currency and track their payment status via mobile short message and email.
“We are proud to partner with Hosei University and bring them on to the GlobalPay for Students platform,” said Haruhiko Ohashi, country manager for Japan, Western Union Business Solutions. “GlobalPay provides students with simple payment options, all in one platform.”
“Since establishment of JLP in April 2017, we would see just a few cases of full tuition payment from pre-university students sending from overseas,” said Mr. Yuichiro Ehara, Manager of JLP at Hosei University. “Since we introduced GlobalPay for Students for the fall semester of 2018, those who failed to make a payment have drastically declined.”
Western Union’s GlobalPay for Students platform enables academic institutions to more efficiently reconcile and track payments from students. With students involved in the design, development and evolution of the platform, the overall payor experience is user-friendly and drives features and functionalities, such as an intuitive mobile-first user interface and real-time payment tracking capabilities.
Western Union Business Solutions is a trusted payment provider in more than 200 countries and territories, with GlobalPay for Students being offered through more than 650 education institutions. In addition to online bank transfer and credit card payments, the platform offers users a wide range of online payment options. The platform was introduced to Japanese educational institutions last year and is used in universities, Japanese language schools and professional schools across Japan. For more information on GlobalPay for Students, visit our website.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. As of June 30, 2018, our network included over 550,000 retail agent locations offering Western Union, Vigo or Orlandi Valuta branded services in more than 200 countries and territories, with the capability to send money to billions of accounts. Additionally, westernunion.com, our fastest growing channel in 2017, is available in 45 countries and territories to move money around the world. In 2017, we moved over $300 billion in principal in nearly 130 currencies and processed 32 transactions every second across all our services. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth. For more information, visit www.westernunion.com.
About Hosei University
Since its establishment in 1880 as “Tokyo Hogakusha (Tokyo School of Law)”, Hosei University has upheld its school spirit of “Freedom and Progress” while promoting liberal and progressive education and research befitting the construction of modern Japanese society. Avoiding the slide into complacency that such a proud tradition might otherwise produce, Hosei University to this day continues to tackle various reforms and challenges. As one of Japan’s leading comprehensive universities, it currently has 15 undergraduate faculties with 38 departments, offering wide-ranging fields of study. Hosei has three campuses in Tokyo. Ichigaya Campus, despite its central location, is marked by watercourses and lush greenery. Tama Campus has an open atmosphere that is in harmony with its rich natural environment. Koganei Campus, Hosei University’s “smart campus,” is located in a quiet and secluded area reminiscent of the Musashino forest and is equipped with the latest technological equipment and research facilities. The three campuses are organically linked to each other while taking advantage of their distinctive characteristics. In 2017 and 2018, Hosei University ranked first in eastern Japan in the number of applications for enrollment, making it one of Japan’s most popular universities.