by Bitfinex
5 (1 reviews)
Bitfinex Pay
Allows e-commerce customers to pay for goods and services with crypto currencies. It provides a payment gateway that could be used by any e-commerce t …
Tested up to WP 6.6.5 (Current: 6.9.4)
v3.2.1
Current Version v3.2.1
Updated 1 year ago
Last Update on 01 Nov, 2024
Refreshed 9 hours ago
Last Refreshed on
Rank
#32,088
—
No change
Active Installs
10+
-41.2%
KW Avg Position
58.6
-0.2 better
Downloads
2.8K
+1 today
Support Resolved
0%
—
No change
Rating
100%
Review 5 out of 5
5
(1 reviews)
Next Milestone 20
10+
20+
7,306
Ranks to Climb
-
Growth Needed
8,000,000
Active Installs
Pro
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Rank Changes
Current
#32,088
Change
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#
Downloads Growth
Downloads
Growth
Peak
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5.0
1 reviews
Overall
100%
5
1
(100%)
4
0
(0%)
3
0
(0%)
2
0
(0%)
1
0
(0%)
Tracked Keywords
Showing 5 of 5| Keyword | Position | Change | Type | Updated |
|---|---|---|---|---|
| bitfinex pay | 2 | — | Tag | 2 days ago |
| tether token | 6 | — | Tag | 2 days ago |
| bitcoin payments | 72 | — | Tag | 2 days ago |
| crypto payments | 86 | — | Tag | 2 days ago |
| bitcoin | 127 | — | Tag | 2 days ago |
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- Version
- 3.2.1
- Last Updated
- Nov 01, 2024
- Requires WP
- 6.0+
- Tested Up To
- 6.6.5
- PHP Version
- 7.4 or higher
- Author
- Bitfinex
Support & Rating
- Rating
- ★ ★ ★ ★ ★ 5
- Reviews
- 1
- Support Threads
- 0
- Resolved
- 0%
Keywords
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Frequently Asked Questions
Common questions about Bitfinex Pay
Your customers click the Bitfinex Pay button on your product page when checking out.
Upon clicking, they will be directed to the Bitfinex payment gateway page. (This page contains your customers’ order details.)
The countdown shows the remaining amount of time to complete the payment.
Your customers will be redirected back to your website upon successful payment.
Note: Customers making payments do not have to be Bitfinex users. If your customer is a Bitfinex user, they can log in via the Pay with Bitfinex button, and it will be considered an internal transfer within Bitfinex; the transaction will not be broadcast on the blockchain and will therefore also be faster than on-chain transactions.
If your customer does not complete the payment before the countdown period, the invoice will be marked as Expired, and the customer will need to create a new payment request. You can also customise the time for the payment countdown when you configure the authenticated API endpoints.
How Bitfinex Pay works on your website
Customers click the Bitfinex Pay button on your checkout page.
Upon clicking, they will be directed to the Bitfinex payment gateway page.
The page contains your customers’ invoices and order details.
The countdown shows the remaining amount of time to complete the payment.
Your customers will be redirected back to your website upon successful payment.
Upon clicking, they will be directed to the Bitfinex payment gateway page. (This page contains your customers’ order details.)
The countdown shows the remaining amount of time to complete the payment.
Your customers will be redirected back to your website upon successful payment.
Note: Customers making payments do not have to be Bitfinex users. If your customer is a Bitfinex user, they can log in via the Pay with Bitfinex button, and it will be considered an internal transfer within Bitfinex; the transaction will not be broadcast on the blockchain and will therefore also be faster than on-chain transactions.
If your customer does not complete the payment before the countdown period, the invoice will be marked as Expired, and the customer will need to create a new payment request. You can also customise the time for the payment countdown when you configure the authenticated API endpoints.
How Bitfinex Pay works on your website
Customers click the Bitfinex Pay button on your checkout page.
Upon clicking, they will be directed to the Bitfinex payment gateway page.
The page contains your customers’ invoices and order details.
The countdown shows the remaining amount of time to complete the payment.
Your customers will be redirected back to your website upon successful payment.
Sign in or sign up for a Bitfinex account.
Complete the verification process at least to the Intermediate level.
Apply for Merchant verification.
Set up a new sub-account and verify it.
Create your API Key, learn how to do this here.
Create an order with authenticated API endpoints, learn how to do it here.
For more information about Bitfinex Pay, visit Bitfinex Knowledge Base.
What do the different invoice statuses mean?
An invoice will have different statuses, starting from when the invoice is created until the time the funds are received in your account:
- Created: An invoice has been created;
- Pending: A deposit is pending confirmation to your account (for information on cryptocurrency deposit times, please view Where is my cryptocurrency deposit or withdrawal?);
- Completed: A deposit has been completed, and the payment amount and invoice amount was exactly matched;
- Expired: An invoice payment time has expired, meaning that the funds were not deposited in the required countdown period provided.
Why my order status is set to completed/processing after payment completed?
This is a standard behaviour from WooCommerce.
Most of the time payment completed should mark an order as 'processing' so that admin can process/post the items. If the cart contains only downloadable items then the order is 'completed' since the admin needs to take no action.
Additional information can be found in https://woocommerce.wp-a2z.org/oik_api/wc_orderpayment_complete/
What are the invoice limitation amounts?
The minimum invoice amount is $0.1 equivalent.
If your customer is a Bitfinex user who authenticates their Bitfinex account via the Pay with Bitfinex button, they can pay the minimum invoice amount equivalent, which will be deducted from their Bitfinex wallet balance.
However, if your customer is a Bitfinex user who makes the payment through the transaction address provided in the encrypted QR code or from the address box, they will be subject to the minimum withdrawal amount of $5 USD equivalent. For more information, please see Minimum Withdrawals.
Note: The maximum invoice amount is $ 1,000 (equivalent).
Complete the verification process at least to the Intermediate level.
Apply for Merchant verification.
Set up a new sub-account and verify it.
Create your API Key, learn how to do this here.
Create an order with authenticated API endpoints, learn how to do it here.
For more information about Bitfinex Pay, visit Bitfinex Knowledge Base.
What do the different invoice statuses mean?
An invoice will have different statuses, starting from when the invoice is created until the time the funds are received in your account:
- Created: An invoice has been created;
- Pending: A deposit is pending confirmation to your account (for information on cryptocurrency deposit times, please view Where is my cryptocurrency deposit or withdrawal?);
- Completed: A deposit has been completed, and the payment amount and invoice amount was exactly matched;
- Expired: An invoice payment time has expired, meaning that the funds were not deposited in the required countdown period provided.
Why my order status is set to completed/processing after payment completed?
This is a standard behaviour from WooCommerce.
Most of the time payment completed should mark an order as 'processing' so that admin can process/post the items. If the cart contains only downloadable items then the order is 'completed' since the admin needs to take no action.
Additional information can be found in https://woocommerce.wp-a2z.org/oik_api/wc_orderpayment_complete/
What are the invoice limitation amounts?
The minimum invoice amount is $0.1 equivalent.
If your customer is a Bitfinex user who authenticates their Bitfinex account via the Pay with Bitfinex button, they can pay the minimum invoice amount equivalent, which will be deducted from their Bitfinex wallet balance.
However, if your customer is a Bitfinex user who makes the payment through the transaction address provided in the encrypted QR code or from the address box, they will be subject to the minimum withdrawal amount of $5 USD equivalent. For more information, please see Minimum Withdrawals.
Note: The maximum invoice amount is $ 1,000 (equivalent).