Crypto Payment Tips

Cryptocurrency payments are different. Use the following tips to understand how they work and ensure your payments complete successfully.

• Have your crypto wallet ready to scan a QR code and send payment as quickly as possible

• Cryptocurrency transactions cannot be reversed after they have confirmed

• Payments sent to an address other than the address provided are unrecoverable

• Payments that never confirm can not be reimbursed and should reappear in your wallet

• Payment transaction time depends on factors related to crypto networks, not Bead Pay

• Creating your crypto transaction with a higher network fee can help decrease transaction time

• Creating your crypto transaction with a lower network fee can increase transaction time and increase the likelihood of an invalid payment

• Sending funds other than the requested amount will result in an overpaid or underpaid payment

• If you send an underpaid amount, sending another transaction will not complete the payment; the underpaid amount will be refunded and a new payment must be created

• Paying from a custodial or exchange wallet may increase the likelihood of underpaid or invalid payments

• Invalid payments are almost always the result of a payment not confirming