About Token Payments

Token payments provide an alternative mechanism for paying for course enrollments. When a course enrollment is paid for with tokens, you can choose whether the tokens are deducted from the learner's account or from the final enrollment approver's account. (For example, if the approver is the learner's direct appraiser, they can buy a course with tokens on behalf of the learner.) Alternatively, a one-time token payment can be can deducted from one or more organizations for specific courses or sessions, so the tokens are debited from the organization's token account instead of charging per individual learner enrollment. These one-off payments can be refunded, if needed.

When learners or their approvers pay for a course enrollment with tokens:

When organizations pay a one-off charge for all enrollments in a course:

To enable learners to pay for courses with tokens, you can either add tokens directly to their user accounts, or set up token packages for their organization, which they can buy, consisting of a number of tokens charged at a particular cost. For each organization you can set up multiple token packages with different costs.

To enable organizations to pay a one-off charge for course enrollment, you also must set up an organization token account, which is charged when you make the one-off payment for a course.

Course administrators configure courses and sessions to accept token payments in the Catalog Editor's Cost Information page.

You can use the Token Account Data Loader to create token accounts, and to update organization and user tokens in bulk. To import token account data, your user role must have unrestricted access to the Token Account Data Loader feature in System Roles (Manage Features > Payment Manager).

Additional Information

System Configuration for Token Payments

Create an Organization Token Account

Create a Token Package

View Course Payment History

About the Token Account Data Loader

Pay for Course Enrollment with a One-off Token Payment

 

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