7/4/2023 0 Comments Bitpay taxesMatthew Knight, M.D., board member at Tiger Bay Club, says: “The use of virtual currencies will help the county prevent credit card fraud and identity theft.” Kudos to Seminole County Tax Collector’s Office for embracing it.” And why not? Cryptocurrency, while volatile, is becoming more and more common. government agency to accept bitcoin for payment. Others, like Chris Carmody, a shareholder at Florida’s biggest law firm, GrayRobinson, said: “Seminole residents should pay their property taxes with Monopoly money, which at least has been around longer and everyone knows what it is: fake money.” Padilla from Orlando Latino blog, who says: Local reaction has been surprisingly overall supportive. Moreover BitPay offers the option of instantly converting the crypto into dollars, so the end merchant, in this case the country, would avoid volatility by receiving dollars. The county hopes to save in fees as banks or payment processors usually charge 2% to 3% while BitPay has a fixed charge of 1% and no charge at all for the first one million dollars processed. Please note: This payment method can only be used in conjunction with certain products.“The aim of my tenure in office is to make our customer experience faster, smarter, and more efficient, and to bring government services from the 18th century into the 21st century and one way is the addition of cryptocurrency to our payment options.” The FX rate used at this point is based on a 15-minute spot managed by BitPay. The FX we received when you placed your order will be transferred back into the cryptocurrency used when placing the order. Once you request your refund, we’ll issue it through our BitPay admin portal. Using this payment method does not impact your 60:60 guarantee. Through our partnership with BitPay, the monies are settled in a chosen FX. Select this using the ‘radio’ button.Īfter clicking the ‘Pay with BitPay’ icon, you’ll be sent an order confirmation which triggers our internal team to send you a BitPay order invoice where you can pay for your chosen product. Once you reach the payment section, you will see BitPay as a method that can be used. You’ll find further information when you receive your BitPay invoice once you’ve placed your order.Īdd the product(s) to your basket and head to checkout. This process is a one-off and will allow you to continue to use your BitPay account. Thanks to our partnership with BitPay, we can accept leading cryptocurrencies across most major wallets eg: Coinbase and Exodus.īitPay requires all users to create a BitPay ID to fulfil the regulatory requirements associated with purchasing via cryptocurrency. This will be made clear on the specific product page, as well as in checkout, where you will see the BitPay acceptance mark. It’s only applicable with certain products. If the period has lapsed and payment hasn’t been confirmed, your order will be cancelled, and the stock returned to the website. Please note: your order will be held for up to 72 hours after the invoice is sent. This can take up to 48 hours to be sent, depending if the order was placed on the weekend. Plus many more.Ĭhristopher Ward uses email billing in place of a direct checkout: you’ll be emailed an invoice form which you’ll complete for your transaction. Christopher Ward has partnered with BitPay to enable customers to purchase using crypto as a payment method.īitPay partners with the most popular wallets, including Coinbase, Exodus and more to allow customers to pay using currencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DODGE) and Etherium (ETH).
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