As a merchant, handling business payments, creating and sending invoices, and dealing with billing software can be exhausting and time-consuming. Before you even realize it, you will be hopping between multiple software and systems to collect payments, upload them to your accounting software, and send reminders. This time spent on administrative tasks can distract you from what’s really important: growing your business.

Not anymore.

We are thrilled to launch Speed Invoices — a built-in module to help ambitious businesses send professional-looking Bitcoin invoices to their customers in just a few clicks.

What are Speed Invoices?

Speed invoicing lets you send highly customized Bitcoin invoices to your customers for free. You can add your logo, change color and fonts, and personalize the footer and memo sections to ensure they adhere to your branding guidelines.

With Speed, you can keep track of all your customers, partners, vendors, and suppliers in one place, send payment reminders, and much more. And the best part? There are no signup or subscription fees whatsoever.

Merchants using Speed have saved over $18,541 in transaction fees and 18 hours per month that would have been spent on collecting payments via legacy systems.

How it works?

Using Speed is simple. You can start sending Speed Bitcoin invoices in minutes. Here’s how:

• First things first, you will need a Speed merchant account to send invoices. So, if you don’t have one, create it via this link.

• Once registered, log in to your account and head to Receive Payments > Invoices.

• On the ‘Invoices’ tab, click on ‘Create New’ to get started.

• Here, you will be able to add your customers and item/service information and edit the footer and memo section.

• You can also add your logo and icon, change brand color, and customize fonts to ensure they resonate with your brand identity.

• Once ready, you can preview and send the invoice directly to your customers right from the dashboard. Speed also lets you download the PDF invoice, in case you need it.

You can share the invoice link with your customers via social media applications. Customers will be able to complete the payment by scanning the payment QR with their preferred Bitcoin wallet.

Why use Speed?

Speed invoices are a one-stop solution for businesses and freelancers seeking to collect Bitcoin payments on the go. Here are a few factors that make Speed stand out:

• Maximize your productivity

Over 66% of businesses admit processing invoices takes up more than five days per month. With Speed, you can cut this time in half, which will save you almost 60 hours that can be spent on growing your business. Our ready-made invoice templates make it easy for businesses to send invoices to their clients in a matter of minutes.

• Professional-looking invoices at your fingertips

Speed allows you to create highly personalized, professional-looking Bitcoin invoices right from the dashboard with just a few clicks. You can also download the invoice PDF and share it offline via social media apps. Whenever you receive the payment against an invoice, it will be automatically marked “Paid”. This makes it easy to track incoming payments and send reminders for unpaid invoices.

• A full suite of payment features for collecting Bitcoins

From dynamic QRs to pre-built checkout pages and payment links, Speed comes with an extensive set of features to help you collect Bitcoins on the go. Whether you run a local coffee shop or conduct international transactions, Speed has got you covered. All the payments you receive will instantly reflect in your account. You can request a payout to your preferred Bitcoin wallet anytime.

• High-end security and end-to-end encryption

At Speed, we take security very seriously. Our platform is equipped with built-in security features and is hosted on AWS — the most secure cloud computing platform to ensure your data remains intact. All the sessions between you and the Speed platform are protected with in-transit encryption using TLS 1.2 or above to give you maximum security. Last but not least, our team actively monitors the platform to prevent any data breaches.

• Avoid fraudulent chargebacks

Fraudulent chargebacks are a major challenge for online retailers and businesses. In fact, Merchants lose an average of $3.75 for every $1 lost to chargebacks, according to a report by LexisNexis.

Speed can solve this. All the transactions via Speed are peer-to-peer, and thus, any payments you receive are irreversible and permanent. None of your customers can file fraudulent chargebacks.

• Lowest transaction fees

You can get started with Speed for free. There are no platform charges or transaction fees until your lifetime transaction volume is less than 0.5 BTC (≈$28,000). Post that, you only pay 1% per transaction. That’s significantly lower than credit card processing fees and bank-to-bank transfers.

• No KYC

You don’t need a hefty bank balance or government-issued identity proof to onboard Speed. All it takes is a valid email address to start accepting Bitcoins from around the world with Speed. Get maximum privacy and anonymity while transacting globally without going through any KYC or strenuous verification processes.

Start sending Bitcoin invoices to your customers today

If you are seeking to send professional-looking Bitcoin invoices right to your customers’ inboxes, sign up with Speed today. With the lowest transaction fees, 99.99% uptime guarantee, and world-class customer support, Speed is certainly one of the best Bitcoin payment processors, helping thousands of businesses securely accept Bitcoin payments. Register now to experience fast and fraud-proof Bitcoin payments at your fingertips.

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