How to collect outstanding commissions from education providers

Last updated: May 6, 2026

EdWallet Commissions feature lets agencies collect outstanding commissions from education providers domestically (e.g. CAD to CAD), avoiding FX losses. Agency creates request, provider makes domestic payment, agency tracks status. Saves 4-6% vs traditional methods.

For agencies selling higher education programs where students pay institutions directly. Use Edvisor Payments to collect pending commissions without losing money on FX or international bank fees.

When to use

When the agency sells programs but the student paid the institution directly. Especially useful when tax or operational reasons make student-direct-to-institution payment necessary.

Where to find

https://wallet.edvisor.io/commission-request/all/list

Go to Commissions in EdWallet > New Transaction > Commission → Receive funds from providers.

Step 1: Enter commission details

  • Currency account (where the commission is received).
  • Amount.
  • Invoice number (if applicable).
  • Institution name.

Step 2: Provider details

Choose:

  • Let the institution fill out their own details, or
  • Fill them out yourself.

Mandatory provider information: name, country, city, postal code, phone, address.

Step 3: Share the payment link

EdWallet generates a unique link. Share with the provider.

The link displays:

  • Local bank account details (for the institution to make a domestic payment in their currency).
  • All commission details for processing.

Step 4: Provider makes the payment

Provider:

  1. Sees payment details and local bank account in their currency.
  2. Makes a domestic transfer (e.g. CAD to CAD).
  3. Uploads proof of payment to the link.

Agency tracks payment status and confirms when funds arrive.

Why this matters

For providers:

  • No international wire transfer.
  • Pay in local currency, into a local bank account.
  • Lower transaction costs.

For agencies:

  • Receive full commission in provider's currency.
  • Avoid FX conversion losses.
  • Funds can be: withdrawn in local currency (e.g. COP, MXN, BRL) or used to pay other providers in the same currency at no extra cost.

Agencies typically save 4-6% vs. traditional commission collection.

Source: https://help.edvisor.io/edwallet/collect-commissions