Cryptocurrencies are playing an increasingly significant role in the online economy due to their speed and security compared to traditional methods.
However, one of the main challenges that arise during crypto transactions is maintaining accurate accounting records.
This is especially true for freelancers and business owners who understand the importance of keeping day-to-day accounting in order.
Fortunately, several platforms now offer tailored services, including cryptocurrency invoicing, to meet these needs.
In this post, I’ll introduce you to the top crypto invoicing platforms that can help you record every transaction, ensuring you stay on top of your accounting.
NOWPayments, founded in 2019 by the ChangeNOW team, NOWPayment is the non-custodial crypto payment gateway, meaning they don’t hold or store your funds in any way.
They have invoice features to help you in receiving funds without sharing wallet details and also help to track the movement of funds that help in taxation.
To use a NOWPayment invoice, you have to add the wallet details and create an API key, and then you’re able to create an invoice.
Remember, NOWPayment supports 50 crypto assets, so while creating an invoice, you have the option to select a crypto asset or simply keep it optional. Keeping it optional will give client options to pay in any cryptocurrency of their choice.
After creating an invoice, simply send the link to the client for payment, that’s it.
Gilded, founded in 2019 by a team of developers and CPAs, is another non-custodial crypto payment processor.
Gilded is well-known for building an automated invoicing and crypto payment solution for CoinMarketCap.
For creating invoices, Gilded gives you two options, Ethereum and Bitcoin also allow you to create recurring invoices; where you can create an invoice one time, and Gilded will automatically send new invoices every day, week, or month, but to create recurring invoices you have to choose any subscription plan.
When creating an invoice, you can choose many fiat and crypto options as pricing currency and invoice sent to your customer via email.
Founded in April 2015 by Blockchain expert Shiva S., Blockonomics is a non-custodial Bitcoin payment processor.
Blockonomics stands out because it allows you to create invoices without requiring login or registration.
You just have to paste your Bitcoin wallet address, hit enter, then add the description and pricing currency, at last, choose the expiry date and click on create an invoice you’ll receive the address to send the invoice to your customer.
Blockonomics automatically updates the Bitcoin price every 10 minutes to protect you from price fluctuations, which is particularly useful when a customer delays payment.
Based in Australia and launched in 2019, PaymentX is a cryptocurrency payroll solution designed for online businesses, particularly those with employees abroad.
PaymentX offers both custodial and non-custodial wallet features, meaning you can create a wallet through PaymentX or use your existing one.
The user interface is straightforward, making it easy to create invoices. Simply, you have to fill out the receiving party email in the Bill To area and other necessary fields like giving the invoice number, adding your wallet address, and choosing pricing currency.
For choosing pricing currency, you only have USD, EUR, RUB, NZD, and AUD, with Bitcoin and Ethereum as the available cryptocurrencies. The invoice is then sent directly to the customer’s email.
If you’re seeking a truly decentralized invoice generator, Request Network is the platform for you.
Based on the Ethereum network, Request is a decentralized platform designed to facilitate secure global payments on the blockchain.
Backed by Y Combinator and developed by a team experienced in creating money transfer services, Request is particularly well-suited for generating invoices in stablecoins or for payroll purposes.
Creating an invoice with Request is straightforward: enter client details, choose the pricing and receiving currencies, add wallet information, and fill out the product details. Once completed, you can send the invoice directly to your client.
These platforms offer robust solutions for creating crypto invoices, helping you maintain accurate records of your transactions, and keeping your books in order.
Now, it’s your turn to choose the platform that best suits your business needs.
Whether you prefer a platform with a wide variety of crypto and fiat options or one that supports recurring invoice creation.
