Difference between revisions of "Payment methods"

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Bisq offers several '''payment methods''' to buy and sell bitcoin for fiat currencies or other cryptocurrencies.
 
Bisq offers several '''payment methods''' to buy and sell bitcoin for fiat currencies or other cryptocurrencies.
  
 +
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Every offer on Bisq designates a payment method for traders to settle payments. The Bisq software does not actually integrate with any payment methods—'''all non-bitcoin fund transfers are made outside of Bisq software'''.
 
Every offer on Bisq designates a payment method for traders to settle payments. The Bisq software does not actually integrate with any payment methods—'''all non-bitcoin fund transfers are made outside of Bisq software'''.
  
−
Unlike cryptocurrency transfers, fiat payment transfers are riddled with flaws and limitations that require Bisq to employ several measures to encourage fair and honest trades.
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Unlike cryptocurrency transfers, many fiat payment transfers are riddled with flaws and limitations that require Bisq to employ special measures to encourage fair and honest trades. One of these measures is lower per-trade limits, which are covered below. Another key measure is [[Account_limits#Account_signing|account signing]].
−
Among these measures are:
 
−
 
 
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* '''Account aging''' that phases in maximum trade sizes over 60 days; trade sizes vary by the risk profile of each payment method.
 
−
* '''Account signing''' as an additional check on account aging for payment methods with chargeback risk.
 
−
 
 
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See more details on these mechanisms at [[account limits]].
 
  
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__TOC__
 
__TOC__
  
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== Fiat payment methods ==
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== Fiat payment methods == <!--T:8-->
  
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<!--T:9-->
 
The payment methods vary in chargeback risk, regional availability, transaction size, fees, privacy, verifiability, and other characteristics.
 
The payment methods vary in chargeback risk, regional availability, transaction size, fees, privacy, verifiability, and other characteristics.
 
The top consideration for maintaining payment methods is chargeback risk. PayPal, Venmo, and Cash App are not supported on Bisq because chargebacks for payments made with those services are relatively easy.
 
The top consideration for maintaining payment methods is chargeback risk. PayPal, Venmo, and Cash App are not supported on Bisq because chargebacks for payments made with those services are relatively easy.
  
−
We welcome suggestions for new payment methods on Bisq, especially for those that enable new markets. Documentation on the criteria and process for adding new payment methods is [https://github.com/bisq-network/bisq-docs/issues/172 forthcoming]. For now, feel free to make suggestions by reaching out on [https://keybase.io/team/bisq Keybase].
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We welcome suggestions for new payment methods on Bisq, especially for those that enable new markets. Documentation on the criteria and process for adding new payment methods is found [https://github.com/bisq-network/growth/issues/new?assignees=&labels=re%3Apayment-method&template=add_payment_method.md&title= here]. Please also feel free to make suggestions by reaching out on [https://bisq.chat Matrix] in the #payment-methods channel.
  
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Below is a list of fiat payment methods Bisq currently supports.
 
Below is a list of fiat payment methods Bisq currently supports.
  
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<!--T:12-->
 
''Note: The maximum trade sizes listed below are not available for most newly-created payment accounts. Please refer to [https://bisq.wiki/Account_signing Account signing] for details on how to enable larger trade sizes for your payment accounts. ''
 
''Note: The maximum trade sizes listed below are not available for most newly-created payment accounts. Please refer to [https://bisq.wiki/Account_signing Account signing] for details on how to enable larger trade sizes for your payment accounts. ''
  
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{| class="wikitable sortable"
 
{| class="wikitable sortable"
 
|-
 
|-
 
! Payment Method !! Region !! Trading Period !! Per-Trade Limit !! Notes
 
! Payment Method !! Region !! Trading Period !! Per-Trade Limit !! Notes
 
|-
 
|-
−
| Advanced Cash* || Global || 1 day || 2.00 BTC || Not available in the USA
+
| [[ACH]]* || USA || 5 days || 0.10 BTC ||
 +
|-
 +
| Advanced Cash* || Global (BRL, EUR, GBP, KZT, RUB, UAG, USD || 1 day || 0.10 BTC || Not available in the USA.
 +
|-
 +
| Alipay* || China || 1 day || 0.10 BTC ||
 +
|-
 +
| [[Amazon_eGift_card|Amazon eGift Card*]] || Global (AUS, CAD, EUR, GBP, INR, INR, JPY, SAR, SEK, SGD, TRY, USD) || 1 day || 0.10 BTC || Supported in USD, EUR, CAD, and a [[Amazon_eGift_card|handful of other markets]].
 +
|-
 +
| Australian PayID* || Australia || 1 day || 0.10 BTC ||
 +
|-
 +
| [[Bizum]]* || Spain|| 1 day || 0.02 BTC || Bizum limits to 1000 EUR per trade, 2000 EUR per day ||
 +
|-
 +
| [[Capitual]]* || Global (BRL, EUR, GBP, USD) || 1 day || 0.10 BTC ||
 +
|-
 +
| [[Cash by Mail]]* || Global || 8 days || 0.10 BTC || Please check [[Cash_by_Mail|the article]] and follow the instructions to avoid disputes.
 +
|-
 +
| Cash Deposit* || N/A || 4 days || 0.10 BTC || Not all banks allow 3rd party cash deposits.
 +
|-
 +
| [[CelPay]]* || Global (AUD, CAD, GBP, HKD, USD) || 1 days || 0.10 BTC || (CelPay limits to $2,500 per day) ||
 +
|-
 +
| [[Domestic Wire Transfer]]* || USA || 3 days || 0.10 BTC ||
 +
|-
 +
| [[Face-to-face_(payment_method)|Face-to-Face (F2F)]]* || Global || 4 days  || 0.10 BTC || [[Face-to-face_(payment_method)|See article]] for special guidance on F2F transactions.
 +
|-
 +
| [[Faster Payments]]* || UK || 1 day || 0.10 BTC || [[Faster_Payments|See article]] for recent changes to avoid issues.
 +
|-
 +
| [[Faster_Payments_System_SBP|Faster Payments System (SBP)]]* || Russia || 1 day || 0.1 BTC || new payment method.
 +
|-
 +
| HalCash* || Spain || 1 day || 0.10 BTC ||
 +
|-
 +
| [[IMPS]]* || India || 1 day || 0.10 BTC || IMPS limits to Rs. 1,000,000 per day.
 +
|-
 +
| [[Interac-e-Transfer|Interac e-Transfer]] || Canada || 1 day || 0.10 BTC || Interac-e-Transfer Autodeposits are not supported.
 +
|-
 +
| Japan Zengin Furikomi* || Japan || 1 day || 0.10 BTC ||
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|-
 +
| MercadoPago || Argentina || 1 day || 0.10 BTC ||
 +
|-
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| [[Monese]]* || Europe (GBP, EUR and RON) || 1 day || 0.10 BTC ||
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|-
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| MoneyBeam (N26) || Europe || 1 day || 0.10 BTC ||
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|-
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| MoneyGram* || Global || 4 days  || 0.10 BTC ||
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|-
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| National Bank Transfer || N/A || 4 days  || 0.10 BTC ||
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|-
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| [[Nequi]]*|| Colombia || 1 day || 0.10 BTC || Nequi limits to COP 7,000,000 per month
 +
|-
 +
| [[NEFT]]* || India || 1 day || 0.10 BTC || NEFT limits to Rs. 50,000 per transaction
 +
|-
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| [[Paxum]]* || Global || 1 day || 0.10 BTC ||
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|-
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| [[Paysera]]* || Global || 1 day || 0.10 BTC ||
 
|-
 
|-
−
| Alipay* || China || 1 day || 1.00 BTC ||  
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| [[PayTM]]* || India || 1 day || 0.0250 BTC || PayTM limits to Rs. 100,000 per transaction
 
|-
 
|-
−
| Cash Deposit* || N/A || 4 days || 0.25 BTC || Some banks don't accept cash deposits from non-customers
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| Perfect Money* || Europe and USA || 1 day || 0.10 BTC ||  
 
|-
 
|-
−
| Chase QuickPay || USA || 1 day || 0.25 BTC ||  
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| [[Pix]]*|| Brazil || 1 day || 0.10 BTC ||  
 
|-
 
|-
−
| Face-to-Face (F2F)* || Global || 4 days  || 1.00 BTC ||  
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| Popmoney || USA || 1 day || 0.10 BTC ||  
 
|-
 
|-
−
| [[Faster Payments]]* || UK || 1 day || 0.25 BTC || [[Faster_Payments|See article]] for recent changes to avoid issues.
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| PromptPay* || Thailand || 1 day || 0.10 BTC ||  
 
|-
 
|-
−
| HalCash* || Spain || 1 day || 1.00 BTC ||  
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| [[Revolut]] || Global || 1 day || 0.10 BTC || [[Revolut|See article]] for recent changes to avoid issues.
 
|-
 
|-
−
| Interac e-Transfer || Canada || 1 day || 0.25 BTC ||  
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| [[RTGS]]* || India || 1 day || 0.10 BTC || RTGS Minimum of Rs.200,000, Maximum of Rs.1,000,000 per transaction)
 
|-
 
|-
−
| Japan Zengin Furikomi* || Japan || 1 day || 1.00 BTC ||  
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| [[Satispay]]* || Italy || 1 day || 0.10 BTC ||  
 
|-
 
|-
−
| MoneyBeam (N26) || Europe || 1 day || 0.25 BTC ||  
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| [[SEPA]] || Europe || 6 days || 0.10 BTC ||  
 
|-
 
|-
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| MoneyGram* || Global || 4 days  || 0.50 BTC ||  
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| [[SEPA Instant]] || Europe || 1 day || 0.10 BTC ||  
 
|-
 
|-
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| National Bank Transfer || N/A || 4 days  || 0.25 BTC ||  
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| [[Strike]]* || USA || 1 day || 0.10 BTC || non-kyc strike users have lower limits
 
|-
 
|-
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| Perfect Money* || Europe and USA || 1 day || 1.00 BTC ||  
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| [[SWIFT]]* || Worldwide || 7 days || 0.10 BTC ||  
 
|-
 
|-
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| Popmoney || USA || 1 day || 0.25 BTC ||  
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| Swish* || Sweden || 1 day || 0.10 BTC ||  
 
|-
 
|-
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| PromptPay* || Thailand || 1 day || 1.00 BTC ||  
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| [[Tikkie]]* || The Netherlands || 1 day || 0.0250 BTC || Tikkie limits to 2500 EUR per 24 hours.
 
|-
 
|-
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| [[Revolut]] || Global || 1 day || 0.25 BTC || [[Revolut|See article]] for recent changes to avoid issues.
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| Transfer with Same Bank || N/A || 2 days || 0.10 BTC ||  
 
|-
 
|-
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| SEPA || Europe || 6 days || 0.25 BTC ||  
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| Transfer from Specific Banks  || N/A || 4 days || 0.10 BTC ||  
 
|-
 
|-
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| SEPA Instant || Europe || 1 day || 0.25 BTC ||  
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| [[US Postal Money Order]]* || USA || 8 days || 0.10 BTC || Within USA - Max 1000 USD per money order, up to 3000 USD per day without ID.
 
|-
 
|-
−
| Swish* || Sweden || 1 day || 1.00 BTC ||  
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| Uphold || Global || 1 day || 0.10 BTC ||  
 
|-
 
|-
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| Transfer with Same Bank || N/A || 2 days || 0.25 BTC ||  
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| [[UPI]]* || India || 1 day || 0.0250 BTC || UPI limits Rs. 100,000 per transaction
 
|-
 
|-
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| Transfer from Specific Banks  || N/A || 4 days  || 0.25 BTC ||  
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| [[Verse]]* || Europe (EUR, SEK, HUF, DKK, PLN) || 1 day || 0.10 BTC || Verse limits €10,000 per year
 
|-
 
|-
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| US Postal Money Order* || USA || 8 days || 0.25 BTC || Maximum is $1,000 per money order within the USA
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| WeChat Pay* || China || 1 day || 0.10 BTC ||  
 
|-
 
|-
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| Uphold || Global || 1 day || 0.25 BTC ||  
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| Western Union || Global || 4 days  || 0.10 BTC ||  
 
|-
 
|-
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| WeChat Pay* || China || 1 day || 1.00 BTC ||  
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| [[Wise]]* || Global except USD trades || 4 days || 0.10 BTC ||  
 
|-
 
|-
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| Western Union || Global || 4 days || 0.50 BTC ||  
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| [[Wise-USD]]* || Global for USD trades || 4 days || 0.10 BTC ||  
 
|-
 
|-
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| Zelle || USA || 4 days  || 0.25 BTC ||  
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| Zelle || USA || 4 days  || 0.10 BTC || See [https://www.zellepay.com/get-started this page] to see if/how your bank works with Zelle (including sending limits).
 
|}
 
|}
  
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<nowiki>*</nowiki> These payment methods do not need to be signed to lift the 0.01 BTC buying limit (see [https://bisq.wiki/Account_signing account signing] for more details).
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<!--T:14-->
 +
<nowiki>*</nowiki> These payment methods '''do not''' need to be signed to lift the 0.01 BTC buying limit (see [[Account_limits#Account_signing|account signing]] for more details).
  
−
=== Payment method guides ===
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=== Payment method guides === <!--T:15-->
  
 +
<!--T:16-->
 
<div style="margin-top: 1.5em;">
 
<div style="margin-top: 1.5em;">
 
<li style="display: inline-block;"> [[File:Payment-methods-advice-eur.png|thumb|none|300px|EUR payment methods overview.]] </li>
 
<li style="display: inline-block;"> [[File:Payment-methods-advice-eur.png|thumb|none|300px|EUR payment methods overview.]] </li>
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</div>
 
</div>
  
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<!--T:17-->
 
<div style="clear: both;"></div>
 
<div style="clear: both;"></div>
  
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== Altcoin payment methods ==
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== Altcoin payment methods == <!--T:18-->
  
 +
<!--T:19-->
 
Bisq also supports a [https://bisq.network/markets/ variety] of cryptocurrencies for buying and selling bitcoin, like [[XMR]], [[ETH]], [[ZEC]], [[L-BTC]] or [[LTC]].
 
Bisq also supports a [https://bisq.network/markets/ variety] of cryptocurrencies for buying and selling bitcoin, like [[XMR]], [[ETH]], [[ZEC]], [[L-BTC]] or [[LTC]].
  
−
Because altcoin transfers are irreversible and relatively quick, altcoin trades can be up to 2 BTC in size right away (no need to wait for account aging or account signing).
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<!--T:20-->
 +
Because altcoin transfers are irreversible and relatively quick, altcoin trades can be up to 1 BTC in size right away (no need to wait for account aging or account signing).
  
 +
<!--T:21-->
 
{| class="wikitable"
 
{| class="wikitable"
 
|-
 
|-
 
! Payment Method !! Trading Period !! Per-Trade Limit
 
! Payment Method !! Trading Period !! Per-Trade Limit
 
|-
 
|-
−
| Altcoins || 1 day || 2.00 BTC
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| [[Altcoins]] || 1 day || 1.00 BTC
 
|-
 
|-
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| Altcoins Instant || 1 hour || 2.00 BTC
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| [[Altcoins Instant]] || 1 hour || 1.00 BTC
 
|}
 
|}
  
 +
<!--T:22-->
 
Altcoins Instant trades go by fast! Please remember to disable Instant offers in <code>Portfolio</code> > <code>My Open Offers</code> if you might not be around to settle an Instant trade.
 
Altcoins Instant trades go by fast! Please remember to disable Instant offers in <code>Portfolio</code> > <code>My Open Offers</code> if you might not be around to settle an Instant trade.
  
−
See more details about creating altcoin accounts [https://bisq.wiki/Create_an_altcoin_account here].
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<!--T:23-->
 +
See more details about creating altcoin accounts [[Creating_a_payment_account#Creating_an_altcoin_account | here]].
  
 +
<!--T:24-->
 
[[Category:Features]]
 
[[Category:Features]]
 +
</translate>

Latest revision as of 05:06, 19 December 2024

Other languages:
English • ‎español • ‎中文（中国大陆）‎

Bisq offers several payment methods to buy and sell bitcoin for fiat currencies or other cryptocurrencies.

Every offer on Bisq designates a payment method for traders to settle payments. The Bisq software does not actually integrate with any payment methods—all non-bitcoin fund transfers are made outside of Bisq software.

Unlike cryptocurrency transfers, many fiat payment transfers are riddled with flaws and limitations that require Bisq to employ special measures to encourage fair and honest trades. One of these measures is lower per-trade limits, which are covered below. Another key measure is account signing.

Fiat payment methods

The payment methods vary in chargeback risk, regional availability, transaction size, fees, privacy, verifiability, and other characteristics. The top consideration for maintaining payment methods is chargeback risk. PayPal, Venmo, and Cash App are not supported on Bisq because chargebacks for payments made with those services are relatively easy.

We welcome suggestions for new payment methods on Bisq, especially for those that enable new markets. Documentation on the criteria and process for adding new payment methods is found here. Please also feel free to make suggestions by reaching out on Matrix in the #payment-methods channel.

Below is a list of fiat payment methods Bisq currently supports.

Note: The maximum trade sizes listed below are not available for most newly-created payment accounts. Please refer to Account signing for details on how to enable larger trade sizes for your payment accounts.

Payment Method Region Trading Period Per-Trade Limit Notes
ACH* USA 5 days 0.10 BTC
Advanced Cash* Global (BRL, EUR, GBP, KZT, RUB, UAG, USD 1 day 0.10 BTC Not available in the USA.
Alipay* China 1 day 0.10 BTC
Amazon eGift Card* Global (AUS, CAD, EUR, GBP, INR, INR, JPY, SAR, SEK, SGD, TRY, USD) 1 day 0.10 BTC Supported in USD, EUR, CAD, and a handful of other markets.
Australian PayID* Australia 1 day 0.10 BTC
Bizum* Spain 1 day 0.02 BTC Bizum limits to 1000 EUR per trade, 2000 EUR per day
Capitual* Global (BRL, EUR, GBP, USD) 1 day 0.10 BTC
Cash by Mail* Global 8 days 0.10 BTC Please check the article and follow the instructions to avoid disputes.
Cash Deposit* N/A 4 days 0.10 BTC Not all banks allow 3rd party cash deposits.
CelPay* Global (AUD, CAD, GBP, HKD, USD) 1 days 0.10 BTC (CelPay limits to $2,500 per day)
Domestic Wire Transfer* USA 3 days 0.10 BTC
Face-to-Face (F2F)* Global 4 days 0.10 BTC See article for special guidance on F2F transactions.
Faster Payments* UK 1 day 0.10 BTC See article for recent changes to avoid issues.
Faster Payments System (SBP)* Russia 1 day 0.1 BTC new payment method.
HalCash* Spain 1 day 0.10 BTC
IMPS* India 1 day 0.10 BTC IMPS limits to Rs. 1,000,000 per day.
Interac e-Transfer Canada 1 day 0.10 BTC Interac-e-Transfer Autodeposits are not supported.
Japan Zengin Furikomi* Japan 1 day 0.10 BTC
MercadoPago Argentina 1 day 0.10 BTC
Monese* Europe (GBP, EUR and RON) 1 day 0.10 BTC
MoneyBeam (N26) Europe 1 day 0.10 BTC
MoneyGram* Global 4 days 0.10 BTC
National Bank Transfer N/A 4 days 0.10 BTC
Nequi* Colombia 1 day 0.10 BTC Nequi limits to COP 7,000,000 per month
NEFT* India 1 day 0.10 BTC NEFT limits to Rs. 50,000 per transaction
Paxum* Global 1 day 0.10 BTC
Paysera* Global 1 day 0.10 BTC
PayTM* India 1 day 0.0250 BTC PayTM limits to Rs. 100,000 per transaction
Perfect Money* Europe and USA 1 day 0.10 BTC
Pix* Brazil 1 day 0.10 BTC
Popmoney USA 1 day 0.10 BTC
PromptPay* Thailand 1 day 0.10 BTC
Revolut Global 1 day 0.10 BTC See article for recent changes to avoid issues.
RTGS* India 1 day 0.10 BTC RTGS Minimum of Rs.200,000, Maximum of Rs.1,000,000 per transaction)
Satispay* Italy 1 day 0.10 BTC
SEPA Europe 6 days 0.10 BTC
SEPA Instant Europe 1 day 0.10 BTC
Strike* USA 1 day 0.10 BTC non-kyc strike users have lower limits
SWIFT* Worldwide 7 days 0.10 BTC
Swish* Sweden 1 day 0.10 BTC
Tikkie* The Netherlands 1 day 0.0250 BTC Tikkie limits to 2500 EUR per 24 hours.
Transfer with Same Bank N/A 2 days 0.10 BTC
Transfer from Specific Banks N/A 4 days 0.10 BTC
US Postal Money Order* USA 8 days 0.10 BTC Within USA - Max 1000 USD per money order, up to 3000 USD per day without ID.
Uphold Global 1 day 0.10 BTC
UPI* India 1 day 0.0250 BTC UPI limits Rs. 100,000 per transaction
Verse* Europe (EUR, SEK, HUF, DKK, PLN) 1 day 0.10 BTC Verse limits €10,000 per year
WeChat Pay* China 1 day 0.10 BTC
Western Union Global 4 days 0.10 BTC
Wise* Global except USD trades 4 days 0.10 BTC
Wise-USD* Global for USD trades 4 days 0.10 BTC
Zelle USA 4 days 0.10 BTC See this page to see if/how your bank works with Zelle (including sending limits).

* These payment methods do not need to be signed to lift the 0.01 BTC buying limit (see account signing for more details).

Payment method guides

  • EUR payment methods overview.
  • USD payment methods overview.

    • Altcoin payment methods

    Bisq also supports a variety of cryptocurrencies for buying and selling bitcoin, like XMR, ETH, ZEC, L-BTC or LTC.

    Because altcoin transfers are irreversible and relatively quick, altcoin trades can be up to 1 BTC in size right away (no need to wait for account aging or account signing).

    Payment Method Trading Period Per-Trade Limit
    Altcoins 1 day 1.00 BTC
    Altcoins Instant 1 hour 1.00 BTC

    Altcoins Instant trades go by fast! Please remember to disable Instant offers in Portfolio > My Open Offers if you might not be around to settle an Instant trade.

    See more details about creating altcoin accounts here.

    Retrieved from "https://bisq.wiki/index.php?title=Payment_methods&oldid=3805"