Edvisor makes it easy to collect funds, process student and corporate payments, and withdraw money locally across multiple countries and currencies.
The availability of payment options depends on the sender’s and recipient’s country.
Check the table below to see where each payment method is available 👇
Global Account Hold funds in this currency. |
Student Payments: Bank Transfer In this country, students can pay via local bank transfer. |
Student Payments: Credit Card In this country, students can pay with credit/debit cards. |
Corporate Payments: Bank Transfer As a company, you can buy currencies via bank transfer. |
Payouts As a company, you can send payments to providers. |
Withdraws As a company, you can withdraw funds to a local bank. |
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Frequently Asked Questions
1. Where can I find 'payments' on my Edvisor platform?
Payments are integrated (through EdWallet) across several Edvisor tools:
Edvisor:
Please Note: EdWallet and all these powerful features are currently in Beta. Please contact your account manager to enable them on your account.
2. What is EdWallet?
EdWallet is a dynamic payment platform developed by Edvisor and powered by TransferMate a leading payment provider with extensive experience in the sector.
It integrates seamlessly with Edvisor, enabling you to collect payments through your quotes, the Student Portal, EdCommerce, and the Agency Portal on Edvisor Distribute.
With EdWallet, you can effortlessly capture payments, manage multiple currencies, and track incoming payments It also enables smooth payments to your providers and allows you to withdraw funds directly to your bank account.
It is designed to be a secure and user-friendly platform that replaces outdated, non-integrated methods with a sleek, fully integrated digital solution, streamlining your payment processes for enhanced convenience and efficiency.
3. If I receive a payment through Edvisor, where does the money go?
As an Education Agency, when you enable payments on Edvisor or EdCommerce, an EdWallet account will be created for you. All incoming funds will be stored in this wallet.
As an Educator, you'll use your TransferMate account, which is also created when you enable payments on your Edvisor Distribute account.
From there, you can decide if you leave the funds there, send them to your bank account or directly transfer them to your providers.
4. Is my financial information secure?
Absolutely. The security of your financial information is our utmost priority.
We use top-tier encryption protocols to protect your sensitive data.
Our platform is regularly audited for security to ensure the highest level of protection.
We also follow strict data privacy standards and will never share your financial information with third parties without your explicit consent.
5. Why should I choose EdWallet over a regular bank or other providers?