Paying with Bitcoin (BTC)
Posted by Max Biggavelli on 08 October 2013 08:36
Some general notes about paying with BTC - Bitcoin.
When paying with Bitcoin it is important to understand that we do not possess an own BTC address (wallet), but instead use the well reputed 3rd party merchant www.bitpay.com to process the payment.
From experience the status codes for failed payments, can be either one of the following:
- Invoice UNDERPAID (means your payment sum was less than Bitpay.com has requested, read more here)
If we are lucky we will receive a status email on such failed payments, but we have had cases where we didnt receive anything, read here. Sending us a ticket about where the payment has gone is useless, since we cant further debug this, because failed payments simply dont show up in our BTC ledger and without any email notice, we are as equally clueless as the buyer.
Yes, make sure to use a HIGH fee in your Bitcoin wallet, it will help alot to get your payment confirm faster on the Bitcoin network!
NO, it is is not!
1. To be safe keep your invoice URL open in the browser after the payment, which as example usually looks like https://bitpay.com/invoice?id=TLjkBkfCE22mW4K4suT5tB where "TLjkBkfCE22mW4K4suT5tB" is your bitpay.com invoice ID. Incase the payment failed, simply click on the "REFUND" button in this invoice URL and bitpay.com is handling the further refund process!
2. As mentioned in under "Invalid" invoice status, the bitcoin blockchain can be slow at times and this leads to delays in order processing as well, to get an idea how much unconfirmed transactions are currently present check here (if the amount is more than ~40.000 its atleast some indicator that the bitcoin blockchain is slow again).
3. Incase you lost/closed the invoice URL, try contacting bitpay.com with your Blockchain transaction details and go with them through the next options accordingly as described here Alternatively you can try to send us a ticket and include your exact order time/date and the correct order email too, if lucky we are able to find your order in our system too, but if the invoice status is underpaid, expired, or invalid then logically no account was created on our end, meaning we would not be able to find it either.