Coinify Invoice Solution. A How-to Guide.

In today's ever-evolving financial landscape, cryptocurrencies have emerged as a disruptive force, reshaping how we conduct transactions in a digital world. As both businesses and consumers embrace the potential of digital currencies, the concept of accepting cryptocurrency payments and invoices is gaining momentum and it can be a game-changer for those looking to future-proof their financial operations and stay ahead in an ever-evolving digital economy. From cost-efficiency to enhanced security, the advantages of accepting cryptocurrency invoices are impossible to ignore. Let’s dive into this article and explore how businesses and their customers can benefit from accepting crypto invoice solutions. 

What Are The Benefits of Accepting Invoice Solution with Coinify?

No knowledge of Crypto is required. Coinify's seamless payment solution offers a hassle-free solution for businesses by facilitating transactions in virtual currency and subsequently settling them in your chosen fiat currency. With this innovative approach, you won't need to delve into the complexities of cryptocurrencies; instead, you can focus on your core operations without any disruption. Coinify streamlines the entire payment process, taking care of all the necessary steps involved in converting virtual currency into your preferred fiat currency, providing you with the peace of mind to continue your day-to-day business activities without any interruptions or complications. This streamlined approach not only simplifies the payment process but also offers a convenient and efficient way to engage in digital transactions while minimizing the need for in-depth knowledge of the cryptocurrency market.

Frictionless set-up without integration is a key feature that sets Coinify apart, making it an ideal choice for businesses seeking a seamless transition to a streamlined invoicing system. With Coinify, you can enjoy a hassle-free onboarding process, eliminating the need for intricate software integration or complex configurations that often consume valuable time and resources.

This simplicity in the set-up process enables businesses to quickly and effortlessly adopt Coinify's invoice creation solution, allowing them to start benefiting from its features without any major disruptions. By opting for a compliant and user-friendly web-based platform, companies can enhance their financial operations without the headache of intricate integrations, ultimately reducing the learning curve for their staff and ensuring a swift and efficient transition to the new system.

Moreover, Coinify's focus on compliance further ensures that you can confidently navigate the financial landscape without worrying about regulatory issues. This means you can concentrate on what truly matters – serving your customers, growing your business, and achieving your financial goals, all while benefiting from a simple and efficient invoicing solution that adapts to your needs.

Fully compliant with EU 5th AML Directive

Working with Coinify implies high standards within regulatory compliance and risk exposure to provide no AML risk to our client. Industry-leading compliance solution with all KYC, KYB and Source of Funds checks handled by Coinify.

Coinify operates worldwide and is duly registered in all jurisdictions required for operation, Coinify also applies for additional licenses and registrations (double registrations) to work with authorities and build comfort.

How to request payments with Coinify invoices:

The easiest way to receive payments from your customers without the need for any technical integration is to use Coinify Invoices. Your customers simply receive an email with a direct link to your invoice. To be able to request payments with Coinify Invoices you need to have a Coinify Merchant Account. In case you don't have one yet - you can sign up for a Coinify Merchant Account here. 

1. Log In to your Merchant Account.

2. Go to "Invoices".

3. Click on "New Invoice".

4. Fill in the Customer details in the Invoice form. It is obligatory to state the customer's email address and name or business name. Click on "Create and Send Invoice". 

5. At the next screen, you will see an additional option to send the invoice by a link - "Permalink". To pay the invoice, your client simply clicks the unique link in the email received

6. The link will take your client directly to the invoice page where they will scan a QR code

7. As soon as the invoice is paid Coinify will convert the received cryptocurrency into your preferred payout currency

What Will Your Customers See?

1. They will receive an email from Coinify with the invoice number and the name of your company in the subject. 

2. When they open the email, they will be able to see a preview of the invoice and a button "View and pay the invoice".

3. When they click the button they will see the invoice with all the details and an option to pay - "Pay Invoice Now".

4. Next, they will see the Coinify-hosted payment window and will be able to pay with their preferred cryptocurrency wallet.

In conclusion, accepting cryptocurrency invoices is not merely a trend but a strategic move for businesses looking to thrive in a rapidly evolving global economy. From expanding market reach to reducing costs, enhancing security, and offering convenience, the advantages are clear. By embracing this financial innovation, businesses can ensure they are prepared for the future, adapt to customer preferences, and remain competitive in today's ever-evolving financial landscape. 

Interested in Coinify’s Invoice Solution?