Bexs Bexs
  • Bexs Pay
    • All Solutions
    • Payin

      Local Payment Processing in Brazil

    • Payout

      Cross-border payouts to Brazil with Pix

    • FX API

      FX platform for Marketplaces and PSPs

    • Integration types

      Direct API, Embedded Checkout and Payment Link

  • Bexs FX
    FX Services
  • About us
  • Careers
  • Blog
  • Versão em Inglês English
    Versão em Português Português
Home >  international • Payments   The disruptive in global education during the pandemic

Home » Blog » The disruptive in global education during the pandemic

The disruptive in global education during the pandemic

31/07/2020

How the coronavirus outbreak has accelerated the digital revolution in education globally and the barriers to consolidating this learning tool.

Global Education: How the coronavirus outbreak has accelerated the digital revolutionThe need for physical distancing to contain the coronavirus pandemic has spurred an unprecedented transformation in various industries. On a global scale, education is undergoing its greatest structural transformation since the early 20th century. According to UNESCO, on March 23, 2020, there were 1.38 billion students without physical access to schools in 186 different countries.

 

In response, e-learning ceased to be a supporting tool to became a core vehicle in education, driving the definitive shift to rapid innovation in habits in both teaching and learning in the industry. The world is on the brink of the most dramatic digitalization movement in the history of education. In China alone, 250 million students have shifted to virtual platforms. A recent survey conducted by Google identified a 130% increase in searches for non-degree graduate programs offered via distance learning during these times of physical distancing. E-learning has taken on a lead role.

 

It is important to note that global investment in edtechs (startups focusing on education) was already on a clear upward trend before the pandemic. The World Economic Forum projected a surge from US$18.66 billion in 2019 to US$350 billion in 2025. However, these numbers should be recalculated following the recent forced transition to digital platforms. So the figure could be reached earlier. Many learning apps, workplace software and videoconference platforms have expanded free access and are attracting massive numbers of new users. In Brazil, Catho Educação reported a 70% increase in enrollments in e-learning programs from March 21 to April 6 this year, while interest in remote programs increased by 45%.

 

Byju’s consolidated its position as the world’s most valuable edtech following a funding round in which it raised US$540 million. This Indian app recently reported a 200% increase in the number of users. In China, DingTalk announced its expansion to 100,000 new cloud servers. A partnership with the Zhejiang University made available 5,000 virtual programs in 2 weeks at DingTalk ZJU. Meanwhile, the public media network BBC launched Bitesize Daily, its education platform for kids in the United Kingdom. More examples like these are replicating across the world.

 

However, a problem is clearly emerging from this rapid transformation in global education: the challenging adaption of teachers and content to the digital environment, as well as the quality of Internet access and of the technological devices suitable for education. These structural issues become barriers to the universalization of e-learning. These are significant obstacles with the capacity to further aggravate inequalities in opportunities between children, youth and adults. These problems exist in most countries, but some have moved to the forefront by adopting more sophisticated tools. China, Singapore and Estonia are examples of countries that are references in rapidly adapting to e-learning, given their prior experiences in the use of digital educationally technologies on a large scale.

 

However, the barriers to consolidating e-learning are not just structural. Some international institutions offering non-degree programs with distance-learning formats already are more advanced in learning tools and platforms. However, in general, they face other kinds of barriers, such as bureaucracy in payments for enrollment and classes, which poses an obstacle to foreign students. These students from other countries have access to few payment methods, and are vulnerable to fluctuations in foreign exchange rates and to the duties levied. In addition to a slower process in general, the final converted amounts can increase and, due to impossibility of paying in monthly installments, many students end up dropping out of the program.

 

Once these challenges are overcome, e-learning should become the leading education tool. Compared to studying on-campus, digital learning results in at least 25% more content retention in 40% less time, according to the World Economic Forum. This efficiency gain is due to the possibility of each person studying at their own pace, which affords greater flexibility to students. Age is another influential factor in e-learning. There is consensus among experts that children require shared learning environments, while young adults are more used to digital tools.

 

Is the future of e-learning supporting fully online or hybrid educational systems? What space is left for the on-site education that we know? We do not have clear answers. The fact is that this is not a momentary adaptation but rather a long trend. It is important that companies improve the teaching aspects of their platforms while overcoming the technological and payment barriers. In this way, they will ensure that everyone can access cutting-edge digital education. Technology can be a major ally for increasing access and equality in the offering of basic and advanced education.

 

Contact our experts to learn about how to optimize and streamline the payment process of education tools for Brazilians. Click here.

Last News

Read more

Payment gateway vs psp: 3 reasons to choose a PSP

17/06/2022

Are you split between a Payment Service Provider or payment gateway for your online business? Here are 3 characteristics making […]

Read more

Live commerce: one of the most recent e-commerce trends in Brazil

28/04/2022

Find out what live commerce is, how it can boost your local or cross-border e-commerce business and what you need […]

Read more

Contactless payments: how they work

14/04/2022

While NFC contactless payments have been widely adopted by physical retailers, QR Code payments are a local and cross-border e-commerce […]

Read more

Brazilian e-commerce performance in 2021

01/04/2022

Cross-border expansion, online mobile sales, the most successful categories and more: check out the insights and numbers for Brazilian e-commerce. […]

Read more

Chargebacks: what they are and how to avoid payment reversals

29/03/2022

Learn about chargebacks, how they can impact your e-commerce business and how to minimize payment reversals.     The overall […]

Read more

Online payment fraud: the most common types of fraud and how to avoid them

23/02/2022

Find out how to increase data security using antifraud solutions for online payments.     Trust is a critical factor […]

Read more

Brazil’s Open Banking and the impact on payments

16/02/2022

Discover new online payment options and check out the data on Brazil’s Open Banking     The last of Brazil’s […]

Read more

Buy now pay later: solution to buy online in installments

16/12/2021

Credit in purchases, which have been very popular in Brazil for quite a while, are also a recent trend in […]

Read more

Foreign exchange regulation: a new regulatory framework in Brazil

25/11/2021

Check out the latest news about the new foreign exchange regulation and understand how access to international transfers has become […]

Read more

Payment Service Provider or PSP: what to consider when choosing one

12/11/2021

Find out what a payment service provider can do for your business and what to consider when choosing a solution […]

Read more

PCI or PCI DSS Compliance: What It Is, Its Requirements and Benefits

28/10/2021

Discover what PCI Compliance/DSS is and why is it important for e-commerce.     PCI Compliance, PCI DSS or Payment […]

Read more

Social commerce: how to sell on social media

23/09/2021

Find out what social commerce is and how this channel can help your business grow.     After social isolation […]

Read more

Black Friday in Brazil: how to prepare yourself to sell more on this date

03/09/2021

Check out some data from the last Black Friday in Brazil and insights to boost sales for this market.   […]

Read more

Payment link: the advantages of this feature

20/08/2021

Check out some reasons to adopt payment links when billing products or services     The e-commerce market is the […]

Read more

Payment API: what it is and how it works

05/08/2021

A payment API facilitates your company’s routine and benefits customers with a wide range of payment methods. Know more!   […]

Read more

WhatsApp Pay: new payment method arrives in Brazil

22/07/2021

See how the money transfer through message application works and WhatsApp Pay impact on Brazilian payments.     Since May […]

Read more

Digital Real: the Brazilian digital currency is coming

08/07/2021

Check out what is already known about Digital Real and the possible impacts of digital currency in Brazil   Digital […]

Read more

Online shopping: what’s in Brazilians’ cart

24/06/2021

Find out which niches are most sought after by Brazilians in online shopping and which are the most sold products […]

Read more

Recurring or installment payment?

10/06/2021

Find out the difference between recurring and installment payments and which of these payment methods is right for your business. […]

Read more

Cart abandonment: 4 ways to avoid it

27/05/2021

Do your e-commerce customers back out when it’s time to pay? Understand how to get around that behavior.     […]

Read more

The evolution of Cross-Border and international tracking

21/05/2021

The cross-border e-commerce expansion also involves reducing delivery times. Learn how important it is to track your purchases to avoid […]

Read more

Pix for business: 3 reasons to accept this form of payment

14/05/2021

Find out how receiving money through Pix can be beneficial for your business

Read more

The Open Banking revolution in Brazil

05/04/2021

A summary about the news and the possibilities of transformation of the Brazilian Financial System.

Read more

The Chinese new year and the Brazil and China relationship

11/02/2021

Welcome to the Chinese new year 4719, ruled by ox and the metal element. Understand more about this date and […]

Read more

Beyond companies: shopping from China increases among individuals

02/02/2021

Even with the pandemic and the exchange rate fluctuation, online shopping from China is a growing trend that will continue […]

Read more

Payment Gateway or PSP: the differences between these technologies

01/02/2021

We explain payment gateways and payment providers (PSPs) to help you choose the best e-commerce option.       Payment […]

Read more

Reasons to invest in Latin America in 2021

11/01/2021

Record digitization and a thriving innovation ecosystem. Understand the reasons for placing the region, and especially Brazil, in your expansion […]

Read more

Why do companies and people in Brazil consume ever more international (Saas) software?

07/01/2021

The already growing demand increased with the pandemic, but the bottlenecks in payments for software impact the daily life of […]

Read more

Pix: everything you need to know about this payment method

02/11/2020

Understand what pix is, how it came up and what is its impact in the future Brazilian payment market. 

Read more

Double Eleven: Want to know more about the biggest retail date in the world?

21/10/2020

Double Eleven is celebrated in China, breaking sales records every year, and is now consolidating expansion to Brazil.

Read more

Doors open to study abroad

18/09/2020

Partnership between Bexs and PayMyTuition optimizes payments for foreign courses, expanding access for Brazilians.

Read more

10 years of Black Friday in Brazil

25/08/2020

Learn more about this trend from the United States that has become one of the biggest shopping dates in Brazil, […]

Read more

Payment solution facilitates access by Brazilians to SimilarWeb SaaS

18/08/2020

The partnership between the company and Bexs Bank demonstrates the importance of adapting to the market with growing demand for […]

Read more

Brazil’s e-commerce sales continue to post double-digit growth

01/07/2020

See the latest Webshoppers 41 figures from eBit|Nielsen, which is the largest survey of online sales in Brazil.

Read more

Bexs Bank on The Paypers – Voice of the Industry

24/06/2020

Our CEO, Luiz Henrique Didier Jr., presented on The Paypers some articles about payment industry and solutions, on the particularities […]

Read more

The accessibility of consumption to unbanked consumers

27/05/2020

The number of unbanked people has created trends and solutions that break down barriers to their inclusion with regard to […]

Read more

Consolidation of SaaS in the daily routine of companies

30/04/2020

Bexs Bank brings insights about this segment that transformed cultures around the world, posts double-digit annual growth and shows highly […]

Read more

Bottlenecks faced by companies in buying international software (SaaS)

29/04/2020

The barriers in companies for transactions involving forex hinder internal processes and the productivity of areas.

Read more

Why do Brazilians love installments?

11/09/2019

Learn more about installments, an unique method commonly adopted by Brazilians to purchase a wide range of goods and services.

Read more

The rise of subscription economy

10/09/2019

Learn more about the subscription business model that is changing consumption patterns and remaking the economy.

Read more

Payment Journey through APIs

08/08/2019

Learn more about the importance of APIs to international business strategies and cross-border payment processing.

Read more

How Chinese merchants are selling in Brazil?

25/06/2019

Brazilians are gaining more access to various products from Chinese online merchants thanks to easier payment and delivery process.

Read more

What is a bank slip or boleto?

24/06/2019

Bank slip is a payment method that is part of the daily life of millions of Brazilians. Find out all […]

Read more

Brazilian e-shoppers seek out international products

25/05/2019

Brazilian consumers are increasingly engaged in buying various products at competitive prices from international websites, despite the logistics and customs […]

Read more

How large is the Brazilian e-commerce market?

05/11/2018

The e-commerce market in Brazil is huge, but companies aiming to operate in the country must understand peculiarities regarding buying […]

Read more

Brazil’s payment world

04/11/2018

In the world of payments, each country has its particularities. Brazil is no exception.

Bank Bexs Bank Bexs

Bexs Pay

  • All Solutions
  • Payin
  • Payout
  • FX API
  • Integration types
  • Bexs Pay
    • All Solutions
    • Payin
    • Payout
    • FX API
    • Integration types

Bexs FX

  • FX Services
  • Bexs FX
    • FX Services

Institutional

  • About Bexs
  • Social Bexs
  • API Developers
  • Policy ML/FT
  • Privacy and Data Policy
  • Code of Ethics
  • Blog
  • Institutional
    • About Bexs
    • Social Bexs
    • API Developers
    • Policy ML/FT
    • Privacy and Data Policy
    • Code of Ethics
    • Blog

Contact Bexs

  • Contact Us
  • FAQ
  • Ombudsman
  • Contact Bexs
    • Contact Us
    • FAQ
    • Ombudsman

Business Call | +55 (11) 2712-5300

Customer Services | 0300 777-2397

  • Versão em English English
    • Versão em Português Português

Condomínio Edifício Brasilinterpart
Av. das Nações Unidas, 11633 - Brooklin Paulista, São Paulo/SP CEP 04578-901

Copyright © 2021 Bexs Banco de Câmbio S/A. CNPJ: 13.059.145/0001-00