Smart Tuition and peerTransfer Enter Partnership to Help International Tuition Payers

Woodbridge, NJ – September 24, 2014 – Smart Tuition and peerTransfer are pleased to announce their new partnership extending international payment processing to families paying for students attending private schools. When tuition is due, families residing outside the United States can quickly and easily utilize the peerTransfer option on Smart Tuition's payment portal. This new partnership will benefit both tuition payers and private schools.

Smart Tuition provides billing solutions to private and faith-based kindergarten through grade 12 schools. peerTransfer, used by over 500 institutions across the globe, is the leading provider of efficient and economical global payment solutions for the education industry.

"We are excited to offer, together with Smart Tuition, a streamlined payment process that focuses on the unique needs of international families from around the world," said Mike Massaro, peerTransfer's Chief Executive Officer. "The partnership signifies a lasting commitment to provide the best tuition payment experience for both families and schools."

The integration between Smart Tuition and peerTransfer benefits the school and their families by eliminating redundancies and lowering fees associated with international payments. Families will enjoy discounted exchange rates, a convenient online experience and high-touch customer service when paying tuition and fees. Schools benefit from peerTransfer's free solution because they save time and money by improving the processing and posting of international payments. In addition, peerTransfer acts as an extension of the campus, providing customer support and advice to international payers.

"This collaboration provides a secure and efficient way for schools to accept payments from payers throughout the world," said Matt Knapp, President of Smart Tuition. It further demonstrates Smart Tuition's resolve to continually broaden services as seen most recently by the development of the education industry's first mobile application for tuition payments.

For more information about this partnership, please contact Tara Christie at Smart Tuition
tara.christie@smarttuition.com.