📢 Release Notes – EduPaid
Release Date: July 22nd, 2026 (v3.4.0)
Parent Portal Improvements
Pay by Bank Account (ACH)
Parents can now pay with a linked bank account instead of only a card — for checkout, wallet top-up, and recurring subscription billing.
- Link your bank account: Connect a checking or savings account securely at checkout, wallet top-up, or when setting up a subscription
- One payment method per subscription: Each subscription uses either card or bank account — no switching mid-cycle
- Clear settlement status: Bank payments show as pending until the bank finishes clearing the transfer, so it’s always clear what’s confirmed versus still processing
Provider Portal Enhancements
Independent Retry & Penalty Settings
Providers can now tune how failed subscription payments are handled without affecting re-subscription penalties, and vice versa.
- Custom retry threshold: Set how many failed payment attempts are allowed before a subscription is marked Defaulted
- Optional penalty waiver: Turn off the re-subscription penalty for a provider without changing their retry threshold
- Independent controls: Retry policy and penalty behavior are now separate settings instead of one combined toggle
What this means
- More ways to pay: Families can settle tuition and top up wallets straight from a bank account, not just a card
- Finer provider controls: Providers can match retry tolerance and penalty policy to their own risk appetite independently