Accept bitcoin with Ingenico and BitPay
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The document discusses how to accept bitcoin payments using an Ingenico payment terminal connected to a BitPay merchant account. The solution allows merchants to: - Generate QR codes on the terminal for customers to scan and pay with bitcoin - Print receipts for customers after payment is received - Print end-of-day reports summarizing all bitcoin sales It aims to provide an easy plug-and-play solution for accepting bitcoin at point of sale with minimal setup or training required.
Accept bitcoin with Ingenico and BitPay
- 1. Accept bitcoin with Ingenico October 6, 2015
- 2. Accept bitcoin at any* Ingenico terminal 2 * BitPay account required; terminal with graphical display required
- 3. Plug and play • Completely self contained solution • Automatically connects to merchant BitPay account (one time setup) • Accepts payment • Prints customer receipt • Calculates and prints end-of-day sales reports • Very flat learning curve • A few minutes to set up, configure, and use • Requirements • Free BitPay merchant account1 • Compatible Ingenico POS terminal2 • Internet connection, power 7 1. Sign up at https://bitpay.com 2. Terminal must have a graphical display capable of presenting a QR code
- 4. User friendly • Employee safe • Password protected options separate merchant configuration from normal POS use • Customer receipts • Optionally print paper receipt for each sale • Information displayed on receipts and reports is highly configurable • Seamlessly handles multiple currency types • Merchant sets local currency as they normally would with any payment app • Supports US and EU markets simultaneously • Merchant can perform sales in both USD and EUR at any time • The application seamlessly tracks distinct currency type • Bitcoin exchange rate is calculated during the transaction 9
- 5. Making a payment • Customer scans QR code using bitcoin wallet • QR code encodes payment address and price • Familiar to all bitcoin users • Compatible with all Bitcoin wallets • Prefer “payment protocol” wallets • Backward compatible payment QR code; press one button 10
- 6. Customer receipt 11 Fully customizable receipt header information Convenient QR code link to BitPay invoice webpage Configurable terminal ID Unique sale type ID Invoice payment status Configurable tax amount Displays both BTC and USD/EUR sale amount BTC and USD/EUR exchange rate at time of sale Fully customizable receipt footer information BitPay invoice ID
- 7. Sales report 12 Fully customizable receipt header information Convenient QR code link to Merchant’s BitPay Dashboard Configurable terminal ID Tip and Bitcoin amounts included with USD/EUR List of all sales for the day in both USD and EUR Total sales in both USD and EUR (if present) Includes total tip amount (optional) Total sales in Bitcoin
- 8. Merchant & customer care • support@bitpay.com • Reference the invoice URL • Request refund 13Sales report Customer receipt
- 9. Technical stuff • The app • Fully native Ingenico Telium application, not RBA or HTML forms • Uses GOAL graphics library to generate QR codes • No third-party software required to interface or use • Bitcoin standards compatibility • Both BIP-72 and BIP-73 QR codes supported to facilitate easy point-and-click payments with any mobile wallet • BitPay account connection • Easily pairs with a BitPay merchant account via QR code 14
- 10. Using Ingenico to accept bitcoin payments • Start by connecting your Ingenico terminal to an ethernet cable and plugging in the power cord. The device requires no extra hardware. Once the terminal is paired with your BitPay account, you’re ready to go. • Open your BitPay checkout app. Select "create invoice" and enter the price for the transaction. The terminal will generate a QR code on the next screen. Your customer will use their smartphone to scan the QR code and pay the invoice. • The terminal confirms the transaction has been completed, and gives you the option to print a receipt. • The customer’s receipt will document the transaction and provide a QR code which pulls up a webpage with the payment details and support information. • Managers can also print a summary of the day’s transactions straight from the device. • The BitPay app for Ingenico makes accepting in-person bitcoin payments simple. 15