Case Study: Oklahoma Panhandle State University reduces international payment delays and manual work with TransferMate

Oklahoma Panhandle State University reduces transfer delays and fees with TransferMate

Oklahoma Panhandle State University, a public state university, faced significant challenges with its previous system for processing international student tuition payments. Relying solely on wire transfers resulted in a slow, expensive, and convoluted process for students, while also creating a heavy administrative burden for the finance team in matching and tracking payments. To address this, the university sought to integrate a solution from vendor TransferMate Global Payments into its existing TouchNet platform.

By implementing TransferMate's payment service as its exclusive option for international payments, the university streamlined its process. The solution provided students with faster, lower-cost transfers and real-time payment notifications, which reduced uncertainty. For the Oklahoma Panhandle State University finance team, TransferMate significantly reduced administrative time by automating payment matching, eliminating the need for manual reconciliation and back-and-forth communication with banks.

Oklahoma Panhandle State University