Accepting Coins Comes With Benefits

Businesses and professionals accepting digital coins enjoy numerous benefits including fast payments, low transaction fees and no chargebacks. However, crypto finances have their specifics and services developed to address them are needed. Fortunately, multiple online platforms now specialize in providing these including software that facilitates the creation of cryptocurrency invoices.

Gilded is one such platform companies can use to generate and send invoices to customers who wish to pay with cryptocurrency. It enables businesses to receive their payments instantly and directly, without intermediaries or high fees. To take advantage of the service, users need to sign up by providing basic information about their company. They must then choose a base fiat currency and add public addresses for the cryptos they plan to accept under "Add Your Wallets."

To create an invoice, accountants have to click on "Request Payment" and "Add a New Contact" for each new business partner. To fill out the invoice details, click "Go to Payment Method" and choose "Address and QR Code." Under "Choose a Currency," one of four major currencies can be selected – U.S. dollar, euro, Canadian dollar, and Australian dollar.

Items listed on an invoice are priced in fiat currency and the total is converted to cryptocurrency. Users have to select a preferred crypto for each payment. The invoices created with Gilded currently support four coins: bitcoin core, litecoin, ethereum, and dai. When an invoice is sent, both sides receive email notifications. The sender is also notified when a payment is made.

Anypay is a point-of-sale payment system that can be used to generate crypto invoices free of charge. It supports bitcoin cash (BCH) and several other cryptocurrencies, as news.Bitcoin.com recently reported. To create an invoice, merchants need to set up an account using only an email address. They can enable a preferred cryptocurrency option by providing a public address for the respective coin. An Anypay invoice contains the due amount in cryptocurrency, a receiving address and a QR code.