How to pay school providers (payouts)

Last updated: May 6, 2026

EdWallet payouts: Settings > Providers. Custom providers need 24h validation first. Verified providers ready immediately. Click 3-dot > Send payment > currency account + amount + security code. Once sent, cannot be undone. Same-currency processes 24-48h, no fees.

Send funds from EdWallet directly to school provider bank accounts.

Steps

  1. Go to EdWallet > Settings > Providers.
  2. For custom providers (not yet listed):
  3. For verified providers (already listed): Skip to step 4.
  4. Click the 3-dot icon next to the school provider.
  5. Select Send payment.
  6. Choose the currency account to transfer from.
  7. Enter the amount.
  8. Enter the security code.
  9. Click Send payout.

Important

Once a payment is sent, it cannot be undone. Double-check all details before sending.

Processing time

For same-currency transfers: 24-48 hours (Mon-Fri).

Fees

No fees on payouts to school providers.


Source: https://help.edvisor.io/edwallet/payouts