Open English unifies their payment processing
Yuno helped Open English increase approval rates, reduce time-to-market, and unify their payment processing.
About Open English:
Open English is an online English-language learning platform, currently operating in more than 30 countries across the United States, South America, Europe and Asia. Since inception, more than 2 million students have learned English through its online courses.
The Challenge:
Open English is a student-centric business - their mission is to empower students around the world with the best possible learning experience.
When it came to payment processing, Open English wanted to ensure it could provide a seamless experience for its students, allowing them to use the payment methods of choice without any issues.
As a rapidly growing company, Open English also needed to simplify their payment infrastructure so that they could easily expand into new markets without having to wait months to implement new payment providers increasing their processing costs.
Yuno as the Solution
Open English partnered with Yuno to optimize their payment infrastructure and also refine the payment experience for their students.
Integrating Alternative Payment Methods
Open English wanted to ensure every student had the ability to pay for online courses, even without a credit or debit card. With Yuno’s payment orchestration platform, Open English was able to integrate a number of digital wallets and buy now pay later (BNPL) options directly into their checkout experience. Because Yuno automates compliance with PCI and other security standards, Open English had the confidence of knowing that their payment processing would remain safe from fraud.
Increased Approval Rates
Thanks to Yuno’s Routing capabilities - which optimize payment routing across different providers - Open English has experienced increased approval rates across the Latin American markets in which they operate.
Reduced Time to Market in New Regions
By centralizing all of Open English’s payment processing integrations, Yuno has enabled Open English to expand into new countries more seamlessly, without having to spend more on developing the necessary payment infrastructure.
Future projects and expansion goals
Open English's vision for the future involves leveraging Yuno's payment solutions to drive further innovation, enhance the student experience, and support the company's growth in new markets.
As Open English continues to set industry standards, the integration of Yuno's payment solutions is a key component of its strategy for success.
“Our partnership with Yuno is centered around what we are at Open English: a student-centric institution. By enhancing our payment processing, we have increased our approval rates and reduced costs. But most importantly, we have simplified the process for our students, improving their learning experience.”
-Wilmer Sarmiento, Co-Founder of Open English