Likelihood to Recommend Many of our international students studying at our institution are financially supported by their parents in their homeland. In other words, they rely on their families for payment of their class fees. So, Flywire makes international payments convenient by making payment by visiting our college website and finding the Flywire payment option. Some prefer this method over credit card payments or by wiring money to the student's bank account in the U.S., which creates a whole additional step in making payments.
Read full review Paypal is great for personal payments as well as business payments for ecommerce of for paying monthly memberships. It is a user friendly software that needs little expertise to get used to. For larger payments, the fees become high therefore it is more suitable for payments of upto few hundred dollars.
Read full review Pros It accepts a wire transfer from virtually all nations outside the U.S. The customer service support is helpful. Once payment information in our system is updated, it allows for payment for classes from overseas to run smoothly. Read full review PayPal offers me the option of converting my currency deposited in my account to another currency, so I can complete all kinds of payments and send money to employees who are in another country for business reasons. The mobile phone application is too fast, I can make payments to my employees in a matter of seconds without having to wait for the web version to load. Scheduled payments are great. PayPal allows me to add a list of contacts to my PayPal Business account, and after adding the contacts, I can schedule payments for a specific day and time. It's easier to make automated payroll payments with PayPal. Read full review Cons Delay time could be shortened between the actual time of payment and the confirmation of payment. It could allow for the payer to pay more than the outstanding balance without rejecting additional amounts of money. Refund information by way of Flywire is a little vague. Read full review Sometimes the UX flow would not deliver the customer back to our site, leaving orders in limbo "Pre-approved" status. The customer would call days later asking why we hadn't shipped it. The PayPal logo on the checkout page can be kind of large and obtrusive. They mention new features and programs on their login page, but it's hard to find any details on them deeper in the software. Read full review Support Rating Customer service representatives were unable to explain why customer in Australia were unable to make payments using our link. It turned out that customers in Australia must create an account. PayPal's user interface did not reveal this to our customers in Australia. There was plenty about this issue appearing in online forums and PayPal customer service couldn't explain this. This change in PayPal's usability happened between April and May of 2021 and was done without notice to vendors (like us).
Read full review Alternatives Considered Flywire is relatively simple to use with much quicker response time when it comes to customer support.
Read full review I don't think there's really any competition here. There's Venmo (also owned by PayPal) who is now offering business accounts, but it still isn't quite the same. The closest thing in terms of ease of use would be
Apple Pay or
Google Pay (and there are a handful of others out there, but we offer Apple and
Google Pay ). As a business, I prefer Apple or
Google Pay to PayPal Payments, but we offer either Google or
Apple Pay , PayPal, and credit card options and PayPal is always right up there with credit cards. I don't foresee us ever getting rid of PayPal Payments as an option, but we do try to only offer it on request for higher ticket items or high dollar installment purchases.
Read full review Return on Investment Cannot think of any negative impact A good number of students are using Flywire to pay for their classes, so it is growing in popularity It reduces the amount of foot traffic at the cashier / payment office when it comes to issues involving payment of classes. Read full review Our daily revenue has been increased when started PayPal Payments as the payment gateway. Refund rate and recurring revenue is stable and disputes are handled properly. Forex Fluctuations is controlled and solved the buying experience for few users. Solved problem for different currencies and retained our users. Read full review ScreenShots