--- title: "Qualy vs Edvisor's EdWallet - Payments Comparison for Education Agencies" description: "Edvisor's EdWallet moves cross-border student payments on an FX spread. Qualy runs your payment operation - direct debit, commission splits, sub-agent payouts." lastModified: "2026-07-09" lang: "en" wordCount: 1475 url: https://qualyhq.com/compare/edvisor --- ## Site navigation - [For schools](/international-education/for-schools.md) — For international education schools - [For agents](/international-education/for-education-agents.md) — For international education agents - [Explore](/training.md) — Watch videos on how to use Qualy - [About](/about.md) — Learn about Qualy's mission and values - [Pricing](/pricing) - [5-min demo](/demo.md) - [Login](https://dashboard.qualyhq.com) # Qualy vs Edvisor's EdWallet - Payments Comparison for Education Agencies > Edvisor's EdWallet moves cross-border student payments on an FX spread. Qualy runs your payment operation - direct debit, commission splits, sub-agent payouts. ## Switching is painless. We made sure of it. ### Promises - **Free & unlimited migration support:** Our team builds your migration plan, imports your data, and walks you through every step. You'll be live in days, not months. - **No lock-in contracts:** If we're not better, leave. No exit fees, no minimum terms. We earn your business every month. - **Keep Edvisor if you like it:** Plenty of agencies keep Edvisor as their CRM and quoting tool and run their payments on Qualy. You don't have to change how you sell to change how you get paid. - **End-to-end payment automation:** Qualy removes the manual work. Invoicing, reconciling, splitting commissions, and paying schools happen automatically the moment a student pays. - **Payment plans and installments:** Build payment plans in seconds; every installment is tracked, collected, and reconciled automatically. Students always know what they owe and when. - **LOO/LOA payment extraction with AI:** Qualy's AI reads Letters of Offer or Acceptance and extracts all tuition and fee amounts along with due dates. It automatically creates the payment plan so there is no copy-pasting or manual entry. - **Hands-free commission management:** Qualy calculates and distributes commissions automatically. Set your percentages or flat fees once, and the system handles every split — including sub-agents, sales reps, and bonuses. - **Free portals for students and partners:** Students can see upcoming fees, pay instantly, and download receipts whenever they need. Partners including agents and schools can track commissions and invoices in real time. - **Bulk invoicing:** Need to invoice a school for 20 students at once? Qualy lets you group, batch, and send invoices in seconds. - **Insights & reports:** Qualy gives you real-time dashboards and custom reports on payments, commissions, outstanding balances, and cash flow. - **Xero, QuickBooks & more:** Qualy syncs directly with Xero and QuickBooks, pushing invoices, bills, and payment data automatically; with PDFs attached! No more manual reconciliation. - **At-cost rates, no FX spread:** Qualy charges transparent, at-cost processing rates with no markup. EdWallet's model works the other way: the FX spread is part of the product. - **Cash and external bank transfers support:** Qualy handles cash and manual bank transfers as easily as cards. Students can pay offline and upload a receipt photo. The invoice is marked paid and funds are distributed automatically. ## Every month of manual payment admin Reconciling payments, chasing commissions, and retyping data into your books costs real hours — work that should take seconds. ### Stats - is what manual payment admin costs a typical agency - payouts with Qualy ## Trusted by agencies and schools worldwide > Working with Qualy has been a game changer for YouTooProject. Student payments have never been easier, admin work is significantly reduced, payment reminders are automatically sent to students, and both students and our providers find the process incredibly convenient. > > — Paula Valenzuela, Co-CEO at YouToo Project > Qualy has improved our student payment experience and reduced the time & money we spend on finance related admin. > > — Dan Wortley, CEO of Universal English College > Qualy has changed our business and the way we operate. Having the ability to automate the payment reminders to our student clients as well as having the ability to see if a payment has been made to our institution partners is exceptional. Our cash flow has improved significantly thanks to Qualy. > > — Julian Fonseca, Former Managing Director at Studia Global Education > Qualy's automation is genuinely remarkable, creating a substantial positive impact on our time and cost efficiency. Not only has it significantly boosted our cash flow, but it has also enhanced the overall students experience by automating payments and reminders. > > — Simone Ratti, Director at Easy Oz ## Frequently asked questions. - **What is EdWallet:** EdWallet is Edvisor's payments product — a multi-currency wallet operated in partnership with TransferMate. Agencies request payments from students via payment links, quotes, EdCommerce, or the student portal; funds arrive in the wallet, and from there the agency can pay schools or withdraw to its own bank account. Per Edvisor's help centre, EdWallet is in beta and being gradually released via a waiting list at the time of writing. - **Does Edvisor process payments:** Yes, through EdWallet. It collects student payments and pays schools, with a focus on cross-border flows. Per Edvisor's documentation, cross-currency payments carry a 1.8% FX spread assumed by the student, funds typically take 2-7 business days to arrive depending on the payment method, and crediting funds and paying schools are steps the agency initiates from the wallet. - **What's the difference between EdWallet and Qualy:** EdWallet moves money — mainly cross-border — inside the Edvisor ecosystem, with revenue built on the FX spread. Qualy is a payments-first platform - domestic direct debit (PayTo, ACH, SEPA), automatic commission splits at payment time, sub-agent and sales-rep payouts, bulk invoicing, AI extraction of payment plans from Letters of Offer, and two-way Xero and QuickBooks sync. If Edvisor is your CRM, Qualy is the payment operation that can run underneath it. - **Can I keep Edvisor as my CRM and use Qualy for payments:** Yes — and many agencies do exactly that. Edvisor is a genuinely strong quoting and CRM platform, and switching payment providers doesn't mean abandoning it. Qualy handles the money side - collecting from students, splitting commissions, paying schools and sub-agents, and syncing it all to your accounting software. You don't have to change how you sell to change how you get paid. - **How long does it take to switch to Qualy:** Most agencies are fully live within a few days. Our team handles the migration plan, imports your data, and walks you through every step. You don't need to pause operations — we run in parallel until you're ready. - **Does Qualy handle commission splits and sub-agent payouts:** Yes, automatically. Set your percentages or flat fees once and Qualy calculates, splits, and distributes commissions — including sub-agents and sales reps — every time a payment comes in. No spreadsheets, no manual transfers. - **What payment methods do students have access to:** Cards, Pix, Boleto, PayID, ACH, SEPA, direct debit, and more depending on the country. Students can also pay with cash or bank transfer and upload a receipt. Qualy supports 141+ currencies with automatic conversion and reconciliation. Learn more: [Every payment method explained](/training/payments/learn-about-all-payment-methods.md) - **Can Qualy connect to our accounting software:** Yes. Qualy syncs directly with Xero and QuickBooks, pushing invoices, bills, and payment data automatically — with PDFs attached. We also have a full API available at no extra cost for custom integrations. Learn more: [Connecting your tools](/training/getting-started/connecting-your-tools-integrations.md) - **Is there a lock-in contract:** No. There are no exit fees, no minimum terms. If we're not better, you can leave anytime. We earn your business every month. ## Transparent pricing, always. Compare the live rates. No hidden percentage fees and no spread revenue. See how Qualy's FX rates compare to other providers in real time — and judge for yourself. ## Already paying for another tool? We've got you covered. Use your remaining credits towards Qualy. Switching shouldn't mean losing money. If you've already paid for a yearly plan or have remaining credits with your current provider, we'll apply that value towards your Qualy subscription. No waste, no hassle—just a smooth transition. - **Credit transfer:** Any unused time or credits from your current plan can be applied to Qualy. We'll calculate the prorated value and credit your account. - **No double billing:** You'll never pay twice for the same period. We ensure your transition is financially fair and transparent. - **Simple process:** Just share your current subscription details with us, and we'll handle the rest. Our team will calculate and apply your credits within 24-48 hours. ## Edvisor runs your recruiting. Qualy runs your payment operation. How Qualy compares with EdWallet and other payment tools, based on each provider's public documentation and marketing pages, verified July 2026. "Not documented" means the provider's public materials don't describe the capability — if we've missed something, tell us and we'll correct it. - **Deposit on quotes:** (Get money from proposals) - **Installment plans:** (Schedule payments) - **Student Portal:** (Send money to schools) - **Split payment:** (Divide payments by beneficiary) - **Wallet:** (Multi-currency accounts) - **Online payments:** (E-Commerce platform) - What they don't tell you - **Commission:** (Complex commission mgmt.) - **Automatic invoicing:** (No manual work) - **Invoice grouping:** (Batch invoices) - **LOO extraction:** (AI-powered) - **Xero/QuickBooks:** (Two-way integration) - **Partner portal:** (Agent/school access) - **Cash payments:** (Log offline payments) - **Reminders:** (Automated emails/SMS) - **Direct debit:** (Pull payments) - **Local methods:** (PIX, Boleto, PayID, etc.) - **API access:** (No extra cost) ## Experience lightspeed payments. Ready to switch? See how fast you can switch to Qualy's automated payments and commissions. - Free migration plan with dedicated support - Credit transfer from your current plan - Go live in days, not months ## More on Qualy **Industries** - [For schools](/international-education/for-schools.md) — For international education schools - [For agents](/international-education/for-education-agents.md) — For international education agents **Support** - [Training](/training.md) - [System status](https://qualyhq.statuspage.io/) — Qualy system status - [Product updates](https://changelog.qualyhq.com) — As we work on Qualy, here we spotlight what we’ve learned and updated across our products - [Contact](/contact-us.md) **Product** - [Demo](/demo.md) - [Enterprise](/enterprise.md) - [Testimonials](/testimonials.md) — Learn what some customers have to say about Qualy - [About](/about.md) — Learn about Qualy's mission and values - [Blog](/blog) — International education payments blog by Qualy - [Trust center](/trust.md) - [API](/api.md) — Qualy API for international education payments - [Zapier](/zapier.md) — Connect Qualy to 7,000+ apps with Zapier - [NexPay](/nexpay.md) — Qualy + NexPay — automate everything around the payment **Legal** - [General terms](/terms-and-conditions.md) - [Payer terms](/terms-for-payers.md) - [Privacy policy](/privacy-policy.md) - [BECS DDR](/becs-dd-service-agreement.md)