Bitpay
This page is about the menu SETTINGS->PAYMENTS->PAYMENT GATEWAYS->BITPAY
Collect Bitcoin deposit payments.
Contents
1 Set up
- Using your Bitpay.com account, create an API key and enter it.
- Change the setting for "Enable".
If you allow more than one payment option the number sets the order in which the payment option will be shown on your booking page. If you allow only one payment option you can use any number for activation.
2 Collect deposit for direct bookings at time of the booking
Use this [Category:Payments#Collect_Deposits_for_Web_Site_Bookings|instruction] to set up deposit collection from your booking page.
3 Send payment request
Use this [Category:Payments#Collect_Deposits_for_Web_Site_Bookings|instruction] to create payment requests.
4 How it works
At the time of booking the system will communicate the deposit amount in your local currency to Bitpay.
Bitpay will convert this amount to Bitcoins and ask the guest for payment.
Once paid the Bitcoins will appear in your Bitpay account.
Bitpay offer the ability to instantly convert the Bitcoins into your local currency so you are not exposed to Bitcoin value fluctuations.