If you’re a freelancer, business owner, or content creator who gets paid in crypto, then you already know how essential crypto is, with countries like Ghana planning to begin regulations.
Crypto invoicing is another part of what makes crypto interesting. A crypto invoice makes it easy to request payment, track transactions, and maintain professional billing records.
Therefore, using the right platform is essential as that would simplify the process and ensure faster payments.
What is a Crypto Invoice?
A crypto invoice is a digital bill that allows individuals and businesses to request payment in cryptocurrency. It functions just like a traditional invoice but includes wallet addresses, crypto amounts, and optional exchange rates.
Crypto invoices can be used for one-time services, product purchases, or recurring payments, giving users an easy and traceable way to receive digital assets.
For freelancers, agencies, and Web3 contributors, this tool helps standardize how crypto payments are requested and received.
Top 5 Crypto Invoicing Platforms
- Breet
- Request Finance
- BitPay Invoicing
- CoinPayments
- NOWPayments
1. Breet
Breet stands out for users in Nigeria and Ghana looking for a seamless way to get paid in crypto without worrying about market volatility or technical processes.
With Breet, users can instantly create a crypto invoice and receive payments in Bitcoin, USDT, and other supported assets. It auto-converts received crypto into local currency, which can then be withdrawn via bank transfer.
Why Breet?
- Fast and beginner-friendly
- Direct crypto to cash conversion
- No need for manual wallet management
- Ideal for freelancers and local businesses in Africa
2. Request Finance
Request Finance is popular among Web3 teams and contractors. It offers a clean dashboard to create and manage crypto invoices in stablecoins and various cryptocurrencies. You can also track payments and integrate it with accounting software.
Notably, Request Finance supports multiple blockchains and is great for recurring billing and payroll. The platform also features advanced reporting and finance tracking tools.
Cons
- Limited blockchain support
- High focus on Web3 companies
3. BitPay Invoicing
BitPay is one of the oldest players in the crypto payment space. It offers tools for merchants and freelancers to generate crypto invoices and accept Bitcoin and altcoin payments.
Its key benefits include multi-cryptocurrency support, real-time exchange rate locking, as well as crypto-to-fiat conversion and bank account settlement.
Cons
- High transaction fees for smaller merchants
- Fiat settlement delays
4. CoinPayments
CoinPayments offers crypto invoicing as part of its broader suite of merchant tools. With support for over 2,000 crypto assets, the platform is ideal for users who accept a wide range of digital currencies.
Supporting thousands of crypto assets, the platform’s key benefits further include API access for developers and integrated payment buttons and plugins.
Cons
- Custodial services and opaque fee practices
- Delayed withdrawals with poor support
5. NOWPayments
NOWPayments is a non-custodial payment gateway that also allows crypto invoice creation. It supports 100+ cryptocurrencies and is perfect for anyone who values privacy and decentralization.
Notably, NOWPayments allows for easy invoice generation, real-time notifications, and exchange rate updates. Additionally, the crypto invoicing platform supports simple integration for websites and online stores.
Cons
- Conversion volatility
- UI/UX not beginner-friendly
Step-by-Step Guide to Generating a Crypto Invoice
Whether you’re using Breet or another platform, creating a crypto invoice typically follows these steps:
- Sign Up on a Crypto Invoicing Platform: Create a free account on a platform like Breet, Request Finance, or BitPay.
- Complete Profile and Verification: Fill in business or personal details, including a wallet address and payment preferences. Some platforms require KYC for higher transaction limits.
- Create a New Invoice: Click on “Create Invoice” and input payment details, including customer name and email, amount due (in crypto or fiat equivalent), due date, and invoice number as well as description of services or products.
- Generate and Send Invoice: Once created, copy the invoice link or download a PDF and send it to your client.
- Track Payment and Convert: Most platforms notify you when payment is made. Platforms like Breet automatically convert crypto to fiat.
Conclusion
Crypto invoices have changed how individuals and businesses receive digital payments. With platforms like Breet, Request Finance, and BitPay, invoicing in crypto is no longer complex or risky.
These platforms make transactions easier, adding a layer of professionalism and transparency to your business.
