What is Invoices
Last updated
Last updated
An invoice is a generated invoice with a fixed amount and address. Once the invoice is paid, we mark it as completed and release this crypto address. Every invoice has an expiration date with its exchange rate. You should generate a new invoice every time you want your customer to pay.
For example, you want your customer to pay you $100. The customer choose cryptocurrency payment method and wants to pay with BTC. You create an invoice with our API and retrieve a BTC amount and BTC address which you will show to the customer. We also freeze the exchange rate to USD–BTC pair for 10 minutes.
Here is a complete step-by-step process for invoices:
The customer specifies a currency (fiat or crypto) and the amount in this currency which should be credited to the balance
The customer selects a cryptocurrency for payment
We create an invoice: freeze the exchange rate for 10 minutes, allocate a crypto address for this invoice
Wallet address, amount, and remaining time are shown to the customer
Since the payment was completed, the customer received the indicated amount on his balance