Albuscoin allows you to create invoices of fixed amount fo Fiat Currency that can be paid in Crypto and Digital currencies. This article describes how you can create your first invoice.
Signing up / verfication
First, sign up for an account. Next, you can either verify your account or continue unverified, but please note that real cryptocurrency transactions are not enabled for unverified accounts, you can only use internal - toy - currency.
Add new invoice by going into "Invoices" section and pressing "Create new" button. You will see the following invoice form:
Is that form, you should:
- Enter / use existing recipient details in "Recipient" section
- Add invoice items, specifying item name, price, count and tax rate
- (Optionally) provide order notes to be displayed in payment system and invoice PDF.
After you have specified all the details you can either "Save" the invoice for further editing or "Save & Send" the invoice. If you choose "Save & Send", you customer will receive e-mail notification about the new invoice. You can always resent this notification later.
Invoice list and order status
You can see all issued invoices in invoice list. Each invoice has status, explained in separate article; you can see the total amount issued and download PDF / copy payment link.
If you pressed "Save & Send" during invoice creation you client have already received the e-mail with payment link. You can always re-send this e-mail (by pressing "Edit" in invoice list and then pressing "Save & Send"), or you can copy payment URL directly from invoice list by pressing appropriate button.
When your client opens payment url provided, the exchange rate will be fixed and your client will be presented with the following form:
As you can see, the exchange rate is frozen for half an hour, securing you from rate fluctuations. We advice to perform a payment as fast as possible, as the actual delays in Crypto / Digital currency networks may slow the transaction down.
If the waiting time is elapsed but no actual payment is made, the form will reload and display new rate, amount and address.
As soon as we receive incoming crypto transaction, the order will enter "accepted" state and the form will display confirmation progress:
As soon as the order is fully confirmed, you and your client will receive a notification via e-mail.
We process payments on daily (if turnover has reached the threshold) or weekly basis. For example, if your daily balance is more than 500 € (default threshold), then the payout will be done on business day closure; however, if you don't approach threshold throughout the week, we will process your payment on Friday business day closure.
Please allow up to two business days to process the payment.