What is EdWallet?

Learn all the essentials of EdWallet, our payments solution. Learn about its features and the advantages it offers for your financial management needs.

In this article:

• Overview of EdWallet
• How EdWallet Benefits Your Business
• Functionalities of EdWallet
• Getting Started with EdWallet

Overview: What is EdWallet?

EdWallet is a dynamic financial management tool brought to you by Edvisor. This solution is designed to streamline your financial operations, making it simpler and more efficient to handle your finances.

Thanks to a strategic partnership with TransferMate, a leading payment provider with extensive experience in the sector, EdWallet is equipped with state-of-the-art technology for your all financial needs. 

✨ This tool is provided at no extra cost for all Edvisor users, both agencies and educators.

How EdWallet benefits your business

EdWallet is designed for both agencies and educators, it streamlines your payments, supports multiple currencies, and integrates with the Edvisor suite!

🔹 Streamlined Financial Management

EdWallet serves as a centralized platform that empowers agencies and educators to manage all their financial transactions efficiently, making it easier to send and receive payments.

🔹 Multiple Currency Support

A key advantage of EdWallet is its ability to handle multiple currencies. This feature facilitates smooth international transactions and currency exchanges, catering to the needs of globally operating businesses.

🔹 Secure Transaction Processing

With security as a fundamental concern, EdWallet incorporates comprehensive security protocols to safeguard your financial data and transactions. Rest assured, your information remains secure and confidential at all times.

🔹 Integration with the entire Edvisor suite

EdWallet is designed to work hand in hand with the Edvisor ecosystem, including Edvisor's core product, the Agency Portal and EdCommerce.

This integration streamlines your payment operations, making it straightforward to handle transactions within the tools you already trust for business management.

Functionalities: What can you do with EdWallet?

For Financial and Management Teams

At its core, EdWallet serves as a comprehensive platform for financial or management teams. It's crafted to provide a centralized space where you can monitor and manage all aspects of your business payments.

With the EdWallet platform you'll be able to:

• Receive Payments: Simplify the process of collecting payments from clients.
• Send Payments: Effortlessly send payments to partners and providers.
• Manage Payments: Keep track of all your financial transactions in one place.
• Withdraw Funds: Conveniently transfer money from EdWallet to your bank account.

For Operational Teams and Frontline Staff:

As mentioned above, EdWallet also extends its capabilities through various features integrated within the Edvisor ecosystem.

These features are available in areas such as the Sales section of Edvisor, the Student Portal, the Agency Portal (via Edvisor Distribute) and EdCommerce, enabling functionalities like receiving payments.

Designed with operational teams in mind—counselors, registration staff, and sales personnel—this aspect of EdWallet empowers those directly engaging with clients and handling day-to-day transactions without having to switch platforms.

Getting Started with EdWallet

Eager to enhance your financial management? Follow our detailed guide on how to create your EdWallet account to begin enjoying the benefits of EdWallet.