Chinese students make up over 1/3 of all international students currently studying in the United States.
Easy Transfer is the only company that has created a customized solution for the largest tuition payment market in the world. Through our unique position in China we have partnered with some of the country's largest banks to ease the payment process for schools and their students.
|Transaction fee of paying $15000 (dollars)|
In the Spring semester of 2017 Easy Transfer began working with a large public university on the West Coast to provide payment solutions for their Chinese students. Prior to that point Chinese students at the university had been using our app and completed wire transfers from their bank. When the Spring tuition payments came through we had over 700 transactions from their Chinese students. This amounted to a total savings in fees and exchange rates of over $400,000 for Chinese families.
|Number of transactions for using Easy Transfer||Transfer Amount||How much we have saved|
|Before (16 Fall)||200||$4,125,300||$113,445.75|
|After the partnership has been established (17 Spring)||700||$15,494,500||$426,098.75|
Since that time Chinese students have completed over 3,500 transactions via Easy Transfer.
Easy Transfer was founded in 2013 by Tony Gao while he was studying at the University of Southern California. As a native of China, Tony was acutely aware of the difficulties of his paying tuition with the tools his school was able to offer. This led him to set out to create a tool to help his fellow Chinese students more easily and cost effectively transfer funds.
With initial support of the USC Incubator, Easy Transfer spent the first three years conducting research and development of the application. Over this time the company refined the product through feedback with current students, created partnerships with some of the largest banks in China and worked with the Chinese administration of foreign exchange.
Easy Transfer officially launched in 2016 and has worked with over 20,000 Chinese students & families around the world to help them pay their tuition to schools around the world. Our mission is to simplify the tuition payment process for Chinese families so that they can focus on the things that matter in their education all while providing outstanding service for the lowest possible cost.