Setting up deposits on EdCommerce

Last updated: July 27, 2026

Explains how to configure the deposit amounts EdCommerce charges, managed under EdCommerce > Settings > Payments. Covers creating a deposit with the "New Payment" button (name, currency, value/amount, optional extra processing fee, optional notes), how the deposit marked with the red "default" tag is charged automatically when no provider-specific deposit exists, and how to assign non-default deposits to specific education providers via the three-dot icon > 'Assign Provider'.

To organize your deposit amounts go to EdCommerce > Settings > Payments

How to create a deposit

Once in the payments section, click on the blue "New Payment" button and complete all fields in the pop-up window.

You'll need to enter:

  • A name for your deposit
  • The currency
  • The value or amount
  • An extra processing fee (optional)
  • Notes (optional)

After completing these steps, click "Save".

Your new deposit will then be added to the main list.

Default Deposit

You will have one deposit set as "default", you'll easily identify it finding the red tag "default" next to it.

If you haven't customized a deposit for a specific provider, EdCommerce will automatically charge the default one.

Custom Deposits

On EdCommerce, you have the ability to assign different deposits from your list to specific providers. To do this, click on the three-dot icon next to the deposit name, select 'Assign Provider'.

\Please note, the default deposit cannot be assigned.*

Then switch the toggle on or off to assign or unassign education providers to the appropriate deposit.

If the options appear in grey, it means they have already been assigned to another fee.