Crypto
Crypto is a digital or virtual currency that uses cryptography for security and operates independently of a central authority.
How Does Crypto Work?
- Customer Selects Crypto: At checkout, the customer selects Crypto as their preferred payment method.
- Payment Details Generation: The system generates a unique wallet address and the exact amount to be paid in the chosen cryptocurrency, often accompanied by a QR code for convenience.
- Customer Completes Payment: The customer sends the specified amount from their digital wallet to the provided address.
- Payment Confirmation: Once the transaction is confirmed on the blockchain, the payment is verified, and the order is processed.
Limitations of Crypto: Recurring Payments
Important
Please note that recurring offers, such as subscriptions and trials, are not currently supported with Crypto. Customers cannot authorize automatic charges for subscriptions or ongoing services using this payment method.
If a customer selects the Crypto payment method for a recurring offer, Vendo will automatically adjust it to a one-time purchase for the equivalent duration (e.g., a 3-day trial that upgrades to a monthly recurring will become a 1-month purchase). This ensures a smooth and secure checkout experience.
Refunds
Crypto transactions can not be refunded
Unlike traditional payment methods where transactions can be reversed or refunded, Crypto transactions are immediate and irreversible. Therefore, once a payment is made, it cannot be refunded.
Pre-select Crypto as the default payment method (Hosted integration)
You can force Crypto as the pre-selected payment method on our checkout page.
Add the parameter pm=crypto to your join link as explained under Payment method parameters.
When pre-selecting Crypto, we strongly advise using the offers parameter to offer non-recurring subscriptions only.
Updated 23 days ago