TransferMate launches integrated payment solution for INSEAD Degree Programmes
INSEAD, the world’s top ranked business school, has chosen TransferMate, the world’s leading provider of embedded B2B payments infrastructure, to deliver a seamless, secure and cost-effective international payment solution for students enrolling in INSEAD’s degree programmes.
The new payment portal is integrated with MyINSEAD, the digital platform where students manage their programme journey, enabling worldwide payment of their fees with simplicity and confidence. Through TransferMate’s award-winning technology, payments are processed in local currencies at live foreign exchange rates, without hidden costs or international wire fees, all via a secure and regulated payments system.
“We introduce TransferMate as our tuition payment partner, giving students the ability to make seamless, secure payments in their home currencies. This enhancement also expands our payment options to include credit card transactions, making the tuition process more accessible and convenient for our entire community.” said Irina Schneider-Maunoury, Associate Director, Financial Aid & Scholarships at INSEAD.
Students can track the real-time status of their payments directly within their MyINSEAD accounts. This automatic reconciliation streamlines administrative processes, reduces manual follow-up, and ensures clarity for both participants and INSEAD’s finance teams. Whether a student is paying from Europe, Asia, the Americas or the Middle East, the process remains consistent, transparent and fast; reflecting INSEAD’s commitment to delivering exceptional experiences both inside and outside the classroom.
TransferMate’s platform eliminates traditional challenges associated with cross-border payments, including hidden fees, reconciliation delays and currency fluctuations. Institutions worldwide rely on TransferMate’s technology and global licensing to deliver faster settlement times at low-cost, all through leveraging the largest fintech payment infrastructure in the world.
“Working with INSEAD, an institution recognised globally for excellence and innovation, demonstrates the power of combining next-generation payments technology with trusted infrastructure,” said Thomas Butler, Head of Education, TransferMate. “Together, we’ve created a solution that not only meets but exceeds the expectations of their master students globally. This collaboration is a testament to our shared vision of delivering world-class experiences at every touchpoint.”
The new solution is already available to students enrolling in the INSEAD MBA and MIM programmes, with the service being expanded to more degree programmes over the coming months. The partnership gives INSEAD direct access to all of TransferMate’s capabilities, allowing them to collect, pay, and store funds in up to 200+ countries and territories.
