Case Study: Tecnológico de Monterrey streamlines international student payments with Flywire

Tecnológico de Monterrey streamlines international student payments from over 40 countries with Flywire

Tecnológico de Monterrey, one of Latin America’s most prestigious private universities, needed a better way to manage international tuition payments as its global student base grew. Its treasury team struggled with manual reconciliation, delayed and incomplete bank transfers, foreign exchange issues, and hidden fees that caused short payments and registration delays. Flywire was brought in to help streamline international student payments.

In 2020, Tecnológico de Monterrey implemented Flywire’s global payment platform so students could pay tuition online in their local currency while the university received funds in USD and MXN. Flywire also integrated with the student portal and provided multilingual support, improving the payer experience and automating receivables from 47+ countries in 27 currencies. The result was significant time savings for staff, faster and more reliable reconciliation, and a better payment experience for students and families, with Flywire securely processing 5,000+ cross-border transactions.

Tecnológico de Monterrey

Martha Olivia Madrigal Lozano

Leader, Means of Payment and Bank Relations