It is no longer news that several online and offline businesses accept cryptocurrency as payment for goods and services. As a result, cryptocurrency adoption has increased significantly across major industries, particularly in the service industry.
Therefore, as a business centered on clients or services, receiving payment via invoice is crucial and accounts for a large portion of your income. However, one of the most difficult aspects of providing services to clients is receiving payment, either due to payment method selection or the high transaction fees involved.
Payment Challenges With Traditional Invoice
For example, suppose you're a freelancer who works with international clients from various regions; it may be difficult to receive payment after you've delivered your service. Why? For one thing, your preferred payment method may not be accepted in your client's location, and you may incur high costs due to exchange rates or other transaction charges.
As a result, regardless of what payment method you believe is best, your clients will most likely use a convenient payment method for the services rendered, which will save them money on transaction fees.
So, how do you get your business invoice paid without dealing with any common issues associated with receiving global payments? Among which are:
- Your preferred payment platform is not available in all region
- Your client cant get verified on your preferred payment platform
- The transaction's conversion fee to your local currency is extremely high.
- Your client doesn't want to cover the transaction cost or wants to split with you
- Your preferred payment platform's exchange rate is not close to the market value.
However, accepting cryptocurrency can help you overcome the challenges and struggles of paying your business invoices.
How To Get Your Invoice Paid With Cryptocurrency
Cryptocurrency provides a solution and addresses all challenges with traditional payment methods, the most significant of which is receiving cross-border payments. As a result, you can use a crypto invoice to accept payments for your services from clients all over the world without having to worry about exchange rates or other peculiar challenges.
How does getting your invoice paid with cryptocurrency work?
Getting your invoice paid with cryptocurrency is similar to traditional payment methods in that you send your invoice with details about the service rendered, the purchase price, and the expected payment date. However, a crypto wallet address is required rather than an account number, as with the traditional method.
Therefore, all you need to get started is a crypto wallet. You can generate a deposit address from your wallet and send it to your clients with the invoice to receive payments. Once you generate a deposit address with the cryptocurrency of your choice, your clients can instantly make payments without worrying about high exchange or transaction costs.
One Difficulty With Crypto Invoice
However, despite the numerous advantages of getting your invoice paid with cryptocurrency, the process of invoicing for cryptocurrency payments can be cumbersome due to the numerous cryptocurrency that can be used for payments.
For example, suppose you attach a BTC wallet address to an invoice, and your client wishes to pay in ETH. Hence, this can be stressful and time-consuming, especially if your clients want to pay in a currency other than the one you prefer or attached. As a result, you'll need a crypto invoice with a single QR code that accepts multiple cryptocurrencies for payment from your client.
The Cwallet Request Tool - All-in-one Business Solution
One solution to the problem of attaching multiple wallet addresses to your business invoice is to use a crypto invoice that accepts multiple cryptocurrencies using a single QR code attached to each invoice generated. Thus, this is where the Cwallet Request Tool comes in.
The Cwallet Request Tool streamlines the cryptocurrency invoicing process by allowing you to easily generate payment requests for your clients to make cryptocurrency payments in their preferred currency using a single QR code. With the Cwallet request Tool, you can deliver a business invoice, attach your crypto payment link, and get paid with popular cryptocurrencies such as BTC, ETH, DOGE, BNB, and over 10+ popular cryptocurrencies with a single payment outline;
As a result, you don't need to create a new QR code for each payment; instead, create the invoice, attach the payment link, and let your client pay with their preferred cryptocurrency.
So, Get Started With The Cwallet Request Tool
The Cwallet Request Tool is an all-in-one business solution that allows you to have your invoice paid in any cryptocurrency of your choosing. To begin, sign up on Cwallet, log in to your account, and select "Request" from the Tools menu.
Next, you can generate an invoice and fill in all of the necessary information for the invoice, such as the transaction title, the currency for price standard, and the amount to be paid by your client.
The best part? You can receive payments from all over the world without worrying about exchange rates, taxes, or transaction fees.
Finally, on the Cwallet Dashboard, you can see all of your requests and the total income for each. You can also examine each request code and each transaction record. However, more than the convenience the Cwallet Request Tool brings, its comprehensive and seamless approach to cryptocurrency invoicing and payment aids in attracting new clients, putting your business at a competitive advantage over your competitor. Click here to see a detailed guide on creating requests with Cwallet.
The Cwallet Request Tool makes it simple to get your business invoices paid in cryptocurrency without incurring any transaction fees, allowing you to focus on growing your business and taking it to the next level.
Don't lose your next client because of a payment difficulty.
Cwallet Lowers the Barrier to Crypto Usage. You can instantly create a Cwallet account using your mobile number or third-party networks such as Twitter, Telegram, Discord, and Reddit.
Cwallet does not charge any deposits, withdrawals, and token swap fees. Therefore, using Cwallet is absolutely FREE!
So, what are you waiting for?
Download Cwallet NOW to enjoy many exclusive benefits!