EdWallet payment statuses

Last updated: October 23, 2026

EdWallet payment statuses: Incoming = Received (in holding account) or Credited (in currency account). Payment Requests = Open, Pending Authorization (bank), Authorized (card), In Transit, Credited/Paid, Expired.

What each payment status means in EdWallet.

Incoming Payments

Status

Meaning

Received

Funds received in the TransferMate-Edvisor account

Credited

Funds credited and moved to the currency account

Payment Requests

Status

Meaning

Open

Payment link created. Student has not paid yet

Pending Authorization (bank transfers only)

Compliance team is authorizing the payment with the bank

Authorized (credit cards only)

Card authorized after payment. Under review between bank and credit partner

In Transit

Security passed. Funds en route to destination without further flagging

Credited / Paid

Funds available on currency balance

Expired

Payment link expired

What this means in practice

  • Open does not trigger processing times. The student must initiate payment first.

  • Authorized and In Transit are processing-time states.

  • Credited is the final state — funds are usable.