Crypto Invoice in New Zealand
A crypto invoice is when the payment is requested in cryptocurrencies such as Bitcoin, Ethereum or other digital assets. The concept of invoicing and billing remains the same, however, the difference is in the use of currency. To explain clearer, in normal business invoices, the payment is requested in flat currencies like USD, EUR, GBP and so forth. In crypto invoices, the payment is requested in digital coins.
Crypto Invoice Details
Next will be a discussion about crypto invoices in terms of the invoice content:
Digital Coin
You will need to specify the name of the coin or cryptocurrency that you expect to receive in payment. For example, it could be Bitcoin or Ethereal.
Amount Due
There will be a need to specify the amount that you have been invoicing the client, as digital coins are expensive items. Hence, there will be a need to state the precise amount on the invoice.
Wallet Address
This is a public key that is composed of letters and numbers from which coins can be sent or received. In other words, it can be thought of as an address that can be shared with the contacts to pay or receive the cryptocurrency.
The wallet address can also be represented as a cryptocurrency QR-code. It simplifies payment processing on mobile phones.
Notes of the Invoice
In this section, any other essential information that the business wishes to be communicated with the client can be written here.
The basic details in the invoice, such as the supplier’s name, customer name, invoice due date, invoice description, header and footer and other details remain the same as a traditional invoice. As discussed, the basic purpose of a crypto invoice is to request payment for the goods delivered or service performed. However, the difference is that the medium of currency used in this case is a digital coin.
How to Create a Crypto Invoice
Method 1: Use our simple invoice software
Method 2: Download a free crypto invoice template:
Invoicing tools for New Zealand: