Last Updated on September 26, 2023 by Paganoto
BitPay FAQ Guide for Merchants
BitPay FAQ Guide for Merchants
Individuals wishing to make payments of $3000 USD or more, or receive refunds of $1000 USD or more (or equivalent in other currencies) for BitPay invoices must verify with BitPay ID via Onfido. The one-time verification process will ask your customer to upload a photo of a valid ID and a selfie.
What is BitPay ID verification? What documents are accepted?
What is BitPay ID verification? What documents are accepted?
BitPay ID verification for BitPay Dashboard is performed by Onfido. Onfido provides Identity Verification Services. To provide their services to BitPay, Onfido …
How do I complete the BitPay ID process?
How do I complete the BitPay ID process?
Click on Proceed and complete the BitPay ID verification process by submitting any supported documents, taking a selfie, and confirming the submitted …
Introducing BitPay Dashboards, BitPay ID, and Verification
Introducing BitPay Dashboards, BitPay ID, and Verification
Verification for refunds, payouts, and high-value payments … This one-time verification will take you through a quick process of providing …
Why do I need to complete the BitPay ID verification process?
Why do I need to complete the BitPay ID verification process?
Typically, Payments ≥ 3000 USD or refunds ≥ 1000 USD require users to provide additional verification by obtaining a BitPay ID.
How do I verify with BitPay ID? – YouTube
How do I verify with BitPay ID? – YouTube
BitPay FAQs – Comparably
BitPay FAQs – Comparably
for BitPay invoices must verify with BitPay ID via Onfido. Business users who wish to make payments or receive refunds within these thresholds must complete ID …
BitPay Now Requires Your Photo ID for Purchases Over $3K …
BitPay Now Requires Your Photo ID for Purchases Over $3K …
Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, …
BitPay asks for photo ID verification for Bitcoin purchases
BitPay asks for photo ID verification for Bitcoin purchases
The US-based company affirmed that the measures notably do not apply to person-to-person payments using the BitPay and Copay apps.
Onfido partners with BitPay to power secure payments in Bitcoin
Onfido partners with BitPay to power secure payments in Bitcoin
Onfido partners with BitPay to offer identity verification and know your customer compliance (KYC) checks.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.