Faq
Last Update: 2024-12-06As more and more businesses are looking into accepting cryptocurrency for their services, many have been wondering how Cryptopayments works and what it offers. Below are some of the most frequently asked questions to help you understand this simple solution to start accepting cryptocurrencies.
Part 1: Integration
- How much time does it take to get started with Crypto payments?
Signup takes less than 10 minutes. If the documents are in place, the account will get approved within 24 hours.
- Can I use Cryptopayments for B2B transactions?
Yes, Cryptopayments are designed to enable both B2C and B2B transactions. It will be easy for a business to make payments to suppliers or partners using cryptocurrencies, smoothing operations and reducing dependence on traditional means of banking.
- What are the requirements to open a Cryptopayments account?
Creating an account with Cryptopayments is simple:
- Go to the website of Cryptopayments https://cryptopayments.com, and click on the Join Now button.
- Fill in the information needed: upload company's official formation documents and the government ID of the person who will be authorized to sign on behalf of the company. Perform any additional verification steps.
- Once your account is approved, you may begin accepting crypto payments.
- What does the corporate account verification process consist of?
The corporate account verification process consists of two steps:
- Verification of corporate data (verification of legal documents and company information).
- Verification of company individuals
- What about API access for transactions?
It is possible to exchange and withdraw crypto via API without visiting the site.
- How do I enable cryptoprocessing on my site?
Integrating Cryptopayments into your website is easy. Follow the integration guide for step-by-step instructions:
Pre-settings Before proceeding with the form of payment, please provide:
- Your company logo in PNG format, no more than 2mb size
- Payment description
- Website address where the payment form will be placed
After submitting the data to the platform manager, in return you will receive a code to embed on your website. You can place this code on the page of your website to ensure that cryptocurrency payments are accepted. Once integrated, the customers would be able to select cryptocurrency as their mode of payment while checking out.
- Does Cryptopayments provide services in my country?
- What support does Cryptopayments offer?
Cryptopayments offers comprehensive customer support through various channels, including t.me chat, email and live chat. We provide resources such as integration guides and troubleshooting tips to assist users in navigating the platform effectively.
Part 2: Merchant Account
- How to activate my account security?
We recommend that our users protect their accounts by following these security procedures: Be sure to set a strong and unique password. The use of numbers, symbols, and upper and lower case letters in your password makes it difficult to guess. Email or 2FA confirmation: We recommend the use of email confirmations for all transactions for added security.
Device and connection security: We recommend that you use updated anti-virus and anti-malware software on your computer and mobile devices. Never open emails, attachments or other files from untrusted sources.
- Can I change my email address?
If you wish to change your current email address, please go to the Settings page and click on the Edit icon next to your email in the block where your account ID is written. In the ‘Change Email’ field, enter your current email address as well as a new email address and confirm it.
A notification will be sent to your mail. It will contain a link, upon clicking on which we will confirm the change of your email address.
- Can I change my account password?
If you wish to change your password, please go to the Settings page and click on the Edit icon next to Password in the block where your account ID is written. In the ‘Change Password’ field, enter your current password as well as a new password and confirm it.
If you are not logged in to your account and want to reset your password to log in, use the password reset form at the bottom of the Sign In page.
- I am not receiving email notifications from Cryptopayments
- Check your email settings and make sure there are no filters and/or other security systems which are blocking Cryptopayments emails.
- Please also check your spam/junk folder.
The issue hasn’t been resolved? Please open a support ticket or contact our support team at support@cryptopayments.com. Our Support Team will be happy to assist you.
Part 3: Payments & Billing
- How much does the service cost?
Cryptopayments has competitive transaction fees compared to traditional payment processors. Though with some variation depending on transaction volume and type of currency, they are normally way lower compared to fees charged by credit card companies. Transaction fees can be seen in the Fees and Limits
- Can I perform direct transactions in my wallets?
Of course, with Cryptopayments, it is possible to make a transaction directly in your wallets within one account. You can deposit, exchange, and withdraw without delays or superfluous settings and manage your crypto assets more effectively than ever.
- What cryptocurrencies are supported?
Cryptopayments supports a wide range of cryptocurrencies, including but not limited to Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and many more to go. This, in turn, allows the business to handle customers' diverse preferences with ease.
- Are there any transaction limits?
- How long does it take to process a crypto payment?
With Cryptopayments, the transactions are usually instantaneous, which means you get paid right into your wallet without delay. This makes cash flow management easier for businesses. Usually, it takes several minutes.
Part 4: Currency conversion
- How do I convert cryptocurrency into fiat currency?
Cryptopayments does have a B2B exchange feature that provides the possibility to convert crypto into fiat and settle it straight into your bank account. This function simplifies the financial administration of a company working with digital assets.
Follow the steps below to withdraw funds:
- Enter your bank details or cryptocurrency wallet address in the Bank Details section and save them
- Select a wallet in the Wallets section and choose Crypto or Withdraw by wire as your withdrawal method.
- Enter the amount you want to withdraw, select the bank details you have entered and complete the request
- The created transaction will be submitted for processing and will be executed in the shortest possible time An international bank wire transfer typically takes 2-5 business days, while a SEPA transfer takes 1-3 business days (with the exception of weekends and holidays) to reach your bank account. Depending on your chosen currency and blockchain load, the average withdrawal time for a crypto transaction takes from several minutes to several hours.
- Which fiat currencies do you support?
Currently, we support the following currencies: EUR, USD.
- What are the conversion fees?
All details concerning the fees you can find on Fees and Limits page.
- Is it safe to use Cryptopayments?
Yes, Cryptopayments prioritizes security by applying advanced methods of encryption and securing wallet solutions. This helps shield merchants and customers from fraudulent and unauthorized transactions.