FX4 Education Information

FX4 improves the quality of service that schools can offer their fee payers whilst simultaneously offering the opportunity for payers to reduce the cost of their school fee payments. For schools, FX4 removes many of the headaches normally associated with international payments, reducing costs and enhancing collection efficiencies. Critically, FX4 provides a safe and highly secure service. FX4 allows fee payers to settle overseas invoices in their chosen currency and using their own preferred payment method. For the school, the whole collection process is managed through a digital administration portal that records, matches and displays all stages of the transaction process in real time. The automatic reconciliation and live payment update capability provides complete transparency throughout the payment process to schools and fee payers alike. The FX4 platform is free for schools and furthermore, saves time and resources in the finance office. FX4 technology can also reduce merchant fees charged to schools on both domestic and overseas card payments. FX4’s integrated payment system can form part of schools existing billing and accounting processes for seamless implementation and automatic reconciliation. In summary, FX4’s smart technology is changing the game for payments within schools and bringing real, tangible benefits to schools and fee payers.