Difference between revisions of "BitPay"
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Once activated, you can then enter the configuration details explained below. | Once activated, you can then enter the configuration details explained below. | ||
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===API Key=== | ===API Key=== | ||
Revision as of 16:14, 2 January 2019
Contents
Supported Features
| Type | One Time | Recurring | Refunds | Reversals |
|---|---|---|---|---|
| 3rd Party | Yes | No | No |
No |
BitPay is the first and most experienced company in bitcoin payments. BitPay builds powerful tools for secure bitcoin payment acceptance, savings, and spending.
Setup
Begin by activating the payment gateway under Setup > Payments > Payment Gateways and choose BitPay from the All Payment Gateways tab.
Once activated, you can then enter the configuration details explained below.
API Key
The API Key is automatically generated when saving the gateway configuration. This field should be left empty to automatically generate the value. When changing from Test Mode to Live, this field should be emptied.
Pairing Code
The Pairing Code is automatically generated when saving the gateway configuration. This field should be left empty to automatically generate the value. When changing from Test Mode to Live, this field should be emptied. This pairing code should be entered into your BitPay account. This is done in Payment Tools > Manage API Tokens.
Transaction Speed
HIGH speed confirmations typically take 5-10 seconds, and can be used for digital goods or low-risk items. LOW speed confirmations take about 1 hour, and should be used for high-value items.
When a BitPay transaction is made, it enters a pool of unconfirmed transactions. The slower the transaction speed, the more validation the payment has gone through.
Test Mode
Check this to enable Test Mode using BitPay.