Difference between revisions of "Payment methods"

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Bisq offers several payment methods to buy and sell bitcoin. You may refer to chart below for details.
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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 the Bisq software.
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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'''.
  
But unlike cryptocurrencies, fiat payment methods are riddled with flaws and limitations that require Bisq to employ several measures to encourage traders to carry out their parts of the deal quickly and honestly.
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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 (1) limits that correspond to payment account risk profiles and (2) an account-signing mechanism to cultivate a network of trusted payment accounts.
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__TOC__
  
=== SUpport fiat payment methods ===
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== Fiat payment methods == <!--T:8-->
 
 
Over 20 payment methods are supported to buy and sell bitcoin with Bisq using national currencies. These payment methods vary in chargeback risk, regional availability, transaction size, fees, privacy, verifiability, and other characteristics.
 
  
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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.
  
''Note: The maximum trade sizes listed below are not available for most newly-created payment accounts. Please see the Account Signing section below for details on how to enable bigger trade sizes for your payment accounts. ''
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''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"
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{| 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 || 0.25 BTC || coming soon v1.8.0!
 +
|-
 +
| Advanced Cash* || Global || 1 day || 2.00 BTC || Not available in the USA.
 
|-
 
|-
 
| Alipay* || China || 1 day || 1.00 BTC ||  
 
| Alipay* || China || 1 day || 1.00 BTC ||  
 
|-
 
|-
| Cash Deposit* || N/A || 4 days || 0.25 BTC || Some banks don't accept cash deposits from non-customers
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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 || 0.25 BTC || Supported in USD, EUR, CAD, and a [[Amazon_eGift_card|handful of other markets]].
 
|-
 
|-
| Chase QuickPay || USA || 1 day || 0.25 BTC ||  
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| Australian PayID* || Australia || 1 day || 1.00 BTC ||  
 
|-
 
|-
| Face-to-Face (F2F)* || Global || 4 days  || 1.00 BTC ||  
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| [[Bizum]]* || Spain|| 1 day || €2,000 Euros per day || NEW
 
|-
 
|-
| Faster Payments* || UK || 1 day || 0.25 BTC ||  
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| [[Capitual]]* || Global (BRL, EUR, GBP, USD) || 1 day || 0.25 BTC || NEW
 +
|-
 +
| [[Cash by Mail]]* || N/A || 6 days || 0.25 BTC || Some banks don't accept cash deposits from non-customers.
 +
|-
 +
| Cash Deposit* || N/A || 4 days || 0.25 BTC || Ensure to follow Cash by Mail trade rules.
 +
|-
 +
| [[CelPay]]* || Global || 1 days || $2,500 limit per day || NEW
 +
|-
 +
| [[Domestic Wire Transfer]]* || USA || 3 days || 0.25 BTC || coming soon v1.8.0!
 +
|-
 +
| [[Face-to-face_(payment_method)|Face-to-Face (F2F)]]* || Global || 4 days  || 1.00 BTC || [[Face-to-face_(payment_method)|See article]] for special guidance on F2F transactions.
 +
|-
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| [[Faster Payments]]* || UK || 1 day || 0.25 BTC || [[Faster_Payments|See article]] for recent changes to avoid issues.
 
|-
 
|-
 
| HalCash* || Spain || 1 day || 1.00 BTC ||  
 
| HalCash* || Spain || 1 day || 1.00 BTC ||  
 +
|-
 +
| [[IMPS]]* || India || 1 day || Rs. 1,000,000 per day || NEW
 
|-
 
|-
 
| Interac e-Transfer || Canada || 1 day || 0.25 BTC ||  
 
| Interac e-Transfer || Canada || 1 day || 0.25 BTC ||  
 
|-
 
|-
 
| Japan Zengin Furikomi* || Japan || 1 day || 1.00 BTC ||  
 
| Japan Zengin Furikomi* || Japan || 1 day || 1.00 BTC ||  
 +
|-
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| [[Monese]]* || Europe (GBP, EUR and RON) || 1 day || 0.25 BTC || NEW
 
|-
 
|-
 
| MoneyBeam (N26) || Europe || 1 day || 0.25 BTC ||  
 
| MoneyBeam (N26) || Europe || 1 day || 0.25 BTC ||  
 
|-
 
|-
| MoneyGram* || Global || 4 days  || 0.50 BTC ||  
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| MoneyGram* || Global || 4 days  || 0.50 BTC ||
 
|-
 
|-
 
| National Bank Transfer || N/A || 4 days  || 0.25 BTC ||  
 
| National Bank Transfer || N/A || 4 days  || 0.25 BTC ||  
 +
|-
 +
| [[Nequi]]*|| Colombia || 1 day || COP 7,000,000 per month || NEW
 +
|-
 +
| [[NEFT]]* || India || 1 day || Rs. 50,000 per transaction || NEW
 +
|-
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| [[Paxum]]* || Global || 1 day || 0.25 BTC || NEW
 +
|-
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| [[Paysera]]* || Global || 1 day || 0.25 BTC || NEW
 +
|-
 +
| [[PayTM]]* || India || 1 day || Rs. 100,000 per transaction || NEW
 
|-
 
|-
 
| Perfect Money* || Europe and USA || 1 day || 1.00 BTC ||  
 
| Perfect Money* || Europe and USA || 1 day || 1.00 BTC ||  
 +
|-
 +
| [[Pix]]*|| Brazil || 1 day || 0.25 BTC || NEW
 
|-
 
|-
 
| Popmoney || USA || 1 day || 0.25 BTC ||  
 
| Popmoney || USA || 1 day || 0.25 BTC ||  
Line 54: Line 92:
 
| PromptPay* || Thailand || 1 day || 1.00 BTC ||  
 
| PromptPay* || Thailand || 1 day || 1.00 BTC ||  
 
|-
 
|-
| Revolut || Global || 1 day || 0.25 BTC ||  
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| [[Revolut]] || Global || 1 day || 0.25 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 || NEW
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|-
 +
| [[Satispay]]* || Italy || 1 day || 0.25 BTC || NEW
 
|-
 
|-
 
| SEPA || Europe || 6 days || 0.25 BTC ||  
 
| SEPA || Europe || 6 days || 0.25 BTC ||  
 
|-
 
|-
 
| SEPA Instant || Europe || 1 day || 0.25 BTC ||  
 
| SEPA Instant || Europe || 1 day || 0.25 BTC ||  
 +
|-
 +
| Skrill* || Global || Varies || 0.25 BTC || Coming soon!
 +
|-
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| [[Strike]]* || USA || 1 day || $1,000 maximum per transaction || NEW
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|-
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| [[SWIFT]]* || Worldwide || 7 days || 0.5 BTC ||
 
|-
 
|-
 
| Swish* || Sweden || 1 day || 1.00 BTC ||  
 
| Swish* || Sweden || 1 day || 1.00 BTC ||  
 +
|-
 +
| [[Tikkie]]* || The Netherlands || 1 day || €2,500 maximum per transaction || Coming soon v1.8.0!
 
|-
 
|-
 
| Transfer with Same Bank || N/A || 2 days || 0.25 BTC ||  
 
| Transfer with Same Bank || N/A || 2 days || 0.25 BTC ||  
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| Transfer from Specific Banks  || N/A || 4 days  || 0.25 BTC ||  
 
| Transfer from Specific Banks  || N/A || 4 days  || 0.25 BTC ||  
 
|-
 
|-
| US Postal Money Order* || USA || 8 days || 0.25 BTC || Maximum is $1,000 per money order within the USA
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| [[TransferWise]]* || Global except USD trades || 4 days || 1.00 BTC ||
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|-
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| [[TransferWise-USD]]* || Global for USD trades || 4 days || 1.00 BTC || Coming soon v1.8.0!
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|-
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| [[US Postal Money Order]]* || USA || 8 days || 0.25 BTC || Within USA, $1000 limit per transaction, up to $3000 per day without ID.
 
|-
 
|-
 
| Uphold || Global || 1 day || 0.25 BTC ||  
 
| Uphold || Global || 1 day || 0.25 BTC ||  
 +
|-
 +
| [[UPI]]* || India || 1 day || Rs. 100,000 per transaction || NEW
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|-
 +
| [[Verse]]* || Europe (EUR, SEK, HUF, DKK, PLN) || 1 day || €10,000 per year || NEW
 
|-
 
|-
 
| WeChat Pay* || China || 1 day || 1.00 BTC ||  
 
| WeChat Pay* || China || 1 day || 1.00 BTC ||  
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| Western Union || Global || 4 days  || 0.50 BTC ||  
 
| Western Union || Global || 4 days  || 0.50 BTC ||  
 
|-
 
|-
| Zelle || USA || 4 days  || 0.25 BTC ||  
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| Zelle || USA || 4 days  || 0.25 BTC || See [https://www.zellepay.com/get-started this page] to see if/how your bank works with Zelle (including sending limits).
 
|}
 
|}
  
* These payment methods do not need to be signed to attain buying limits higher than 0.01 BTC (see account signing below for more details).
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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).
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 +
=== 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>
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</div>
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<div style="clear: both;"></div>
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== Altcoin payment methods == <!--T:18-->
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<!--T:19-->
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Bisq also supports a [https://bisq.network/markets/ variety] of cryptocurrencies for buying and selling bitcoin, like [[XMR]], [[ETH]], [[ZEC]], [[L-BTC]] or [[LTC]].
 +
 
 +
<!--T:20-->
 +
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).
 +
 
 +
<!--T:21-->
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{| class="wikitable"
 +
|-
 +
! Payment Method !! Trading Period !! Per-Trade Limit
 +
|-
 +
| [[Altcoins]] || 1 day || 2.00 BTC
 +
|-
 +
| [[Altcoins Instant]] || 1 hour || 2.00 BTC
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|}
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 +
<!--T:22-->
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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.
 +
 
 +
<!--T:23-->
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See more details about creating altcoin accounts [[Creating_a_payment_account#Creating_an_altcoin_account | here]].
  
=== Altcoin payment methods ===
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<!--T:24-->
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[[Category:Features]]
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</translate>

Latest revision as of 19:26, 22 January 2022

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 0.25 BTC coming soon v1.8.0!
Advanced Cash* Global 1 day 2.00 BTC Not available in the USA.
Alipay* China 1 day 1.00 BTC
Amazon eGift Card* Global (AUS, CAD, EUR, GBP, INR, INR, JPY, SAR, SEK, SGD, TRY, USD) 1 day 0.25 BTC Supported in USD, EUR, CAD, and a handful of other markets.
Australian PayID* Australia 1 day 1.00 BTC
Bizum* Spain 1 day €2,000 Euros per day NEW
Capitual* Global (BRL, EUR, GBP, USD) 1 day 0.25 BTC NEW
Cash by Mail* N/A 6 days 0.25 BTC Some banks don't accept cash deposits from non-customers.
Cash Deposit* N/A 4 days 0.25 BTC Ensure to follow Cash by Mail trade rules.
CelPay* Global 1 days $2,500 limit per day NEW
Domestic Wire Transfer* USA 3 days 0.25 BTC coming soon v1.8.0!
Face-to-Face (F2F)* Global 4 days 1.00 BTC See article for special guidance on F2F transactions.
Faster Payments* UK 1 day 0.25 BTC See article for recent changes to avoid issues.
HalCash* Spain 1 day 1.00 BTC
IMPS* India 1 day Rs. 1,000,000 per day NEW
Interac e-Transfer Canada 1 day 0.25 BTC
Japan Zengin Furikomi* Japan 1 day 1.00 BTC
Monese* Europe (GBP, EUR and RON) 1 day 0.25 BTC NEW
MoneyBeam (N26) Europe 1 day 0.25 BTC
MoneyGram* Global 4 days 0.50 BTC
National Bank Transfer N/A 4 days 0.25 BTC
Nequi* Colombia 1 day COP 7,000,000 per month NEW
NEFT* India 1 day Rs. 50,000 per transaction NEW
Paxum* Global 1 day 0.25 BTC NEW
Paysera* Global 1 day 0.25 BTC NEW
PayTM* India 1 day Rs. 100,000 per transaction NEW
Perfect Money* Europe and USA 1 day 1.00 BTC
Pix* Brazil 1 day 0.25 BTC NEW
Popmoney USA 1 day 0.25 BTC
PromptPay* Thailand 1 day 1.00 BTC
Revolut Global 1 day 0.25 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 NEW
Satispay* Italy 1 day 0.25 BTC NEW
SEPA Europe 6 days 0.25 BTC
SEPA Instant Europe 1 day 0.25 BTC
Skrill* Global Varies 0.25 BTC Coming soon!
Strike* USA 1 day $1,000 maximum per transaction NEW
SWIFT* Worldwide 7 days 0.5 BTC
Swish* Sweden 1 day 1.00 BTC
Tikkie* The Netherlands 1 day €2,500 maximum per transaction Coming soon v1.8.0!
Transfer with Same Bank N/A 2 days 0.25 BTC
Transfer from Specific Banks N/A 4 days 0.25 BTC
TransferWise* Global except USD trades 4 days 1.00 BTC
TransferWise-USD* Global for USD trades 4 days 1.00 BTC Coming soon v1.8.0!
US Postal Money Order* USA 8 days 0.25 BTC Within USA, $1000 limit per transaction, up to $3000 per day without ID.
Uphold Global 1 day 0.25 BTC
UPI* India 1 day Rs. 100,000 per transaction NEW
Verse* Europe (EUR, SEK, HUF, DKK, PLN) 1 day €10,000 per year NEW
WeChat Pay* China 1 day 1.00 BTC
Western Union Global 4 days 0.50 BTC
Zelle USA 4 days 0.25 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 2 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 2.00 BTC
    Altcoins Instant 1 hour 2.00 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.