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'''.
  
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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]].
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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.
 
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* '''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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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.
  
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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 [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
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| [[ACH]]* || USA || 5 days || 0.125 BTC ||  
 
|-
 
|-
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| Alipay* || China || 1 day || 1.00 BTC ||  
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| Advanced Cash* || Global || 1 day || 1.00 BTC || Not available in the USA.
 
|-
 
|-
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| Cash Deposit* || N/A || 4 days || 0.25 BTC || Some banks don't accept cash deposits from non-customers
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| Alipay* || China || 1 day || 0.5 BTC ||  
 
|-
 
|-
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| Chase QuickPay || USA || 1 day || 0.25 BTC ||  
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| [[Amazon_eGift_card|Amazon eGift Card*]] || Global (AUS, CAD, EUR, GBP, INR, INR, JPY, SAR, SEK, SGD, TRY, USD) || 1 day || 0.125 BTC || Supported in USD, EUR, CAD, and a [[Amazon_eGift_card|handful of other markets]].
 
|-
 
|-
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| Face-to-Face (F2F)* || Global || 4 days  || 1.00 BTC ||  
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| Australian PayID* || Australia || 1 day || 0.5 BTC ||  
 
|-
 
|-
−
| Faster Payments* || UK || 1 day || 0.25 BTC ||  
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| [[Bizum]]* || Spain|| 1 day || €2,000 Euros per day ||  
 
|-
 
|-
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| HalCash* || Spain || 1 day || 1.00 BTC ||  
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| [[Capitual]]* || Global (BRL, EUR, GBP, USD) || 1 day || 0.125 BTC ||  
 
|-
 
|-
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| Interac e-Transfer || Canada || 1 day || 0.25 BTC ||  
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| [[Cash by Mail]]* || Global || 8 days || 0.125 BTC || Please check [[Cash_by_Mail|the article]] and follow the instructions to avoid disputes.
 
|-
 
|-
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| Japan Zengin Furikomi* || Japan || 1 day || 1.00 BTC ||  
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| Cash Deposit* || N/A || 4 days || 0.125 BTC || Ensure to follow Cash by Mail trade rules.
 
|-
 
|-
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| MoneyBeam (N26) || Europe || 1 day || 0.25 BTC ||  
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| [[CelPay]]* || Global || 1 days || $2,500 limit per day ||  
 
|-
 
|-
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| MoneyGram* || Global || 4 days || 0.50 BTC ||  
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| [[Domestic Wire Transfer]]* || USA || 3 days || 0.125 BTC ||  
 
|-
 
|-
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| National Bank Transfer || N/A || 4 days  || 0.25 BTC ||  
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| [[Face-to-face_(payment_method)|Face-to-Face (F2F)]]* || Global || 4 days  || 0.5 BTC || [[Face-to-face_(payment_method)|See article]] for special guidance on F2F transactions.
 
|-
 
|-
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| Perfect Money* || Europe and USA || 1 day || 1.00 BTC ||  
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| [[Faster Payments]]* || UK || 1 day || 0.125 BTC || [[Faster_Payments|See article]] for recent changes to avoid issues.
 
|-
 
|-
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| Popmoney || USA || 1 day || 0.25 BTC ||  
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| [[Faster_Payments_System_SBP|Faster Payments System (SBP)]]* || Russia || 1 day || 0.1 BTC || new payment method.
 
|-
 
|-
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| PromptPay* || Thailand || 1 day || 1.00 BTC ||  
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| HalCash* || Spain || 1 day || 0.5 BTC ||  
 
|-
 
|-
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| Revolut || Global || 1 day || 0.25 BTC ||  
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| [[IMPS]]* || India || 1 day || Rs. 1,000,000 per day ||  
 
|-
 
|-
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| SEPA || Europe || 6 days || 0.25 BTC ||  
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| [[Interac-e-Transfer|Interac e-Transfer]] || Canada || 1 day || 0.125 BTC || Interac-e-Transfer Autodeposits are not supported.
 
|-
 
|-
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| SEPA Instant || Europe || 1 day || 0.25 BTC ||  
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| Japan Zengin Furikomi* || Japan || 1 day || 0.5 BTC ||  
 
|-
 
|-
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| Swish* || Sweden || 1 day || 1.00 BTC ||  
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| [[Monese]]* || Europe (GBP, EUR and RON) || 1 day || 0.125 BTC ||  
 
|-
 
|-
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| Transfer with Same Bank || N/A || 2 days || 0.25 BTC ||  
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| MoneyBeam (N26) || Europe || 1 day || 0.125 BTC ||  
 
|-
 
|-
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| Transfer from Specific Banks  || N/A || 4 days  || 0.25 BTC ||  
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| MoneyGram* || Global || 4 days  || 0.25 BTC ||
 
|-
 
|-
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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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| National Bank Transfer || N/A || 4 days || 0.125 BTC ||  
 
|-
 
|-
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| Uphold || Global || 1 day || 0.25 BTC ||  
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| [[Nequi]]*|| Colombia || 1 day || COP 7,000,000 per month ||  
 
|-
 
|-
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| WeChat Pay* || China || 1 day || 1.00 BTC ||  
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| [[NEFT]]* || India || 1 day || Rs. 50,000 per transaction ||  
 
|-
 
|-
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| Western Union || Global || 4 days  || 0.50 BTC ||  
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| [[Paxum]]* || Global || 1 day || 0.125 BTC ||  
 
|-
 
|-
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| Zelle || USA || 4 days  || 0.25 BTC ||  
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| [[Paysera]]* || Global || 1 day || 0.125 BTC ||
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|-
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| [[PayTM]]* || India || 1 day || Rs. 100,000 per transaction ||
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|-
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| Perfect Money* || Europe and USA || 1 day || 0.5 BTC ||
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|-
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| [[Pix]]*|| Brazil || 1 day || 0.125 BTC ||
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|-
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| Popmoney || USA || 1 day || 0.125 BTC ||
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|-
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| PromptPay* || Thailand || 1 day || 0.5 BTC ||
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|-
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| [[Revolut]] || Global || 1 day || 0.125 BTC || [[Revolut|See article]] for recent changes to avoid issues.
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|-
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| [[RTGS]]* || India || 1 day || Minimum of Rs.200,000, Maximum of Rs.1,000,000 per transaction ||
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|-
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| [[Satispay]]* || Italy || 1 day || 0.125 BTC ||
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|-
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| [[SEPA]] || Europe || 6 days || 0.125 BTC ||
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|-
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| [[SEPA Instant]] || Europe || 1 day || 0.125 BTC ||
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|-
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| Skrill* || Global || Varies || 0.125 BTC ||
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|-
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| [[Strike]]* || USA || 1 day || $1,000 maximum per transaction ||
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|-
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| [[SWIFT]]* || Worldwide || 7 days || 0.25 BTC ||
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|-
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| Swish* || Sweden || 1 day || 0.5 BTC ||
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|-
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| [[Tikkie]]* || The Netherlands || 1 day || €2,500 maximum per transaction ||
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|-
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| Transfer with Same Bank || N/A || 2 days || 0.125 BTC ||
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|-
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| Transfer from Specific Banks  || N/A || 4 days  || 0.125 BTC ||
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|-
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| [[TransferWise]]* || Global except USD trades || 4 days || 0.125 BTC ||
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|-
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| [[TransferWise-USD]]* || Global for USD trades || 4 days || 0.125 BTC ||
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|-
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| [[US Postal Money Order]]* || USA || 8 days || 0.125 BTC || Within USA, $1000 limit per transaction, up to $3000 per day without ID.
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|-
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| Uphold || Global || 1 day || 0.125 BTC ||
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|-
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| [[UPI]]* || India || 1 day || Rs. 100,000 per transaction ||
 +
|-
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| [[Verse]]* || Europe (EUR, SEK, HUF, DKK, PLN) || 1 day || €10,000 per year ||
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|-
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| WeChat Pay* || China || 1 day || 0.5 BTC ||
 +
|-
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| Western Union || Global || 4 days  || 0.25 BTC ||
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|-
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| Zelle || USA || 4 days  || 0.125 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-->
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<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 === <!--T:15-->
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<!--T:16-->
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<div style="margin-top: 1.5em;">
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<li style="display: inline-block;"> [[File:Payment-methods-advice-eur.png|thumb|none|300px|EUR payment methods overview.]] </li>
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<li style="display: inline-block;"> [[File:Payment-methods-advice-usd.png|thumb|none|300px|USD payment methods overview.]] </li>
 +
</div>
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<!--T:17-->
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<div style="clear: both;"></div>
  
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== Altcoin payment methods ==
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== Altcoin payment methods == <!--T:18-->
  
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Bisq also supports a [https://bisq.network/markets/ variety] of cryptocurrencies for buying and selling bitcoin.
+
<!--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]].
  
−
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-->
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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 03:08, 29 October 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 0.125 BTC
Advanced Cash* Global 1 day 1.00 BTC Not available in the USA.
Alipay* China 1 day 0.5 BTC
Amazon eGift Card* Global (AUS, CAD, EUR, GBP, INR, INR, JPY, SAR, SEK, SGD, TRY, USD) 1 day 0.125 BTC Supported in USD, EUR, CAD, and a handful of other markets.
Australian PayID* Australia 1 day 0.5 BTC
Bizum* Spain 1 day €2,000 Euros per day
Capitual* Global (BRL, EUR, GBP, USD) 1 day 0.125 BTC
Cash by Mail* Global 8 days 0.125 BTC Please check the article and follow the instructions to avoid disputes.
Cash Deposit* N/A 4 days 0.125 BTC Ensure to follow Cash by Mail trade rules.
CelPay* Global 1 days $2,500 limit per day
Domestic Wire Transfer* USA 3 days 0.125 BTC
Face-to-Face (F2F)* Global 4 days 0.5 BTC See article for special guidance on F2F transactions.
Faster Payments* UK 1 day 0.125 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 0.5 BTC
IMPS* India 1 day Rs. 1,000,000 per day
Interac e-Transfer Canada 1 day 0.125 BTC Interac-e-Transfer Autodeposits are not supported.
Japan Zengin Furikomi* Japan 1 day 0.5 BTC
Monese* Europe (GBP, EUR and RON) 1 day 0.125 BTC
MoneyBeam (N26) Europe 1 day 0.125 BTC
MoneyGram* Global 4 days 0.25 BTC
National Bank Transfer N/A 4 days 0.125 BTC
Nequi* Colombia 1 day COP 7,000,000 per month
NEFT* India 1 day Rs. 50,000 per transaction
Paxum* Global 1 day 0.125 BTC
Paysera* Global 1 day 0.125 BTC
PayTM* India 1 day Rs. 100,000 per transaction
Perfect Money* Europe and USA 1 day 0.5 BTC
Pix* Brazil 1 day 0.125 BTC
Popmoney USA 1 day 0.125 BTC
PromptPay* Thailand 1 day 0.5 BTC
Revolut Global 1 day 0.125 BTC See article for recent changes to avoid issues.
RTGS* India 1 day Minimum of Rs.200,000, Maximum of Rs.1,000,000 per transaction
Satispay* Italy 1 day 0.125 BTC
SEPA Europe 6 days 0.125 BTC
SEPA Instant Europe 1 day 0.125 BTC
Skrill* Global Varies 0.125 BTC
Strike* USA 1 day $1,000 maximum per transaction
SWIFT* Worldwide 7 days 0.25 BTC
Swish* Sweden 1 day 0.5 BTC
Tikkie* The Netherlands 1 day €2,500 maximum per transaction
Transfer with Same Bank N/A 2 days 0.125 BTC
Transfer from Specific Banks N/A 4 days 0.125 BTC
TransferWise* Global except USD trades 4 days 0.125 BTC
TransferWise-USD* Global for USD trades 4 days 0.125 BTC
US Postal Money Order* USA 8 days 0.125 BTC Within USA, $1000 limit per transaction, up to $3000 per day without ID.
Uphold Global 1 day 0.125 BTC
UPI* India 1 day Rs. 100,000 per transaction
Verse* Europe (EUR, SEK, HUF, DKK, PLN) 1 day €10,000 per year
WeChat Pay* China 1 day 0.5 BTC
Western Union Global 4 days 0.25 BTC
Zelle USA 4 days 0.125 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=3785"