After your students pay, the received money gets credited to your WizIQ account. We deduct 5% plus 20 cents as commission from the class fee received from each attendee if you sell your class to this attendee. And if we help you sell the class then we charge 25% from the class fee received from that sale. So in all your private classes you pay just 5% plus 20 cents as WizIQ commission for each sale of your private class.

After your student pays you and WizIQ receives payment from them, you can withdraw the accumulated money from your WizIQ account. WizIQ charges $1 as fixed transaction cost per withdrawal. To pay less transaction cost on the withdrawals, try to make lesser transactions. For that, you can let the money accumulate in your account and withdraw when sufficient money gets collected.  Say, it’s better to withdraw $25 in a single transaction than making 5 transactions of $5 each.