Then, choose Import Wallet and the Recovery Phrase tab. Then scroll down and choose Create or Import a Key. Open the app and go to the gear icon at the bottom right. For security, 12 word backup phrases are not stored on BitPay servers, so BitPay cannot recover funds for you. Payment Protocol also adds new security to payments, protecting you from sending payments to imposters or attackers.If you do not have your backup phrase, then, unfortunately, you have lost your wallet and all funds in the wallet.No mispayments! With Payment Protocol, you don’t need to worry about failed payments, delayed orders, or dealing with refunds.It also makes sure you include a high enough fee for the network to confirm your transaction. Payment Protocol makes sure the cryptocurrency you send is exactly the right amount.Why does BitPay suggest payments via Payment Protocol? Note: Remember to send your payment during the 15-minute payment window. You'll see the payment reflected on the invoice instantly once you validate the payment in your wallet. Validate the transaction from your wallet ![]() Thus you will only see a payment link displayed ( ethereum:?r= and will need to use one of the supported web3 wallets, DApp browsers, or wallets supporting the JSON payment protocol.ģ. ![]() For Ethereum and USD stablecoins, BitPay only supports payments via a smart contract.If you selected a wallet supporting the BIP70 or JSON payment protocol (for instance: Blockchain wallet), a payment link will be displayed instead ( bitcoin:?r= for bitcoin).You can view the cryptocurrency address & amount to which you need to send the funds. If you selected to pay from an exchange (for instance Kraken), the button will not be displayed and instead you will need copy the receiving address and amount as indicated in the subsection C. Note: The pay in wallet button is not displayed for all wallet options. If your cryptocurrency wallet is stored on the same device used to view the BitPay invoice (mobile or desktop as in the below screenshot). ![]() Clicking/Tapping on the "Pay in Wallet" button If you are using a cryptocurrency wallet on your mobile phone while viewing the BitPay invoice on a different device, typically via a web browser on a laptop or a desktop.ī. The BitPay invoice provides several options to retrieve the payment details, depending if you are using a cryptocurrency wallet on a mobile phone, on a desktop, or using a cryptocurrency exchange instead. Fill in the payment details in your wallet For instance, Ethereum and USD stablecoin deposits can only be done via DApp browsers, web3 wallets, or wallets which have implemented the JSON payment protocol.Ģ.
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