InvoiceOcean - Bitcoin accepted here!

We are proud to announce that thanks to our BitPay integration, you can now make and receive InvoiceOcean payments in BTC.

What does Bitcoin bring to InvoiceOcean?

The ability to pay in Bitcoin is complementary to the other forms of payment already supported by our invoicing software. Completing a transaction in BTC means simplicity, increased speed of execution and a high level of security. Allowing your clients to make Bitcoin payments for invoices generated with InvoiceOcean is simple and requires no coding skills. Any Bitcoin user can now pay for an InvoiceOcean subscription plan and offer the same payment method to their own clients. The BitPay integration lets us contribute to the popularization of, and the growing confidence in, this new method of payment.

What is Bitcoin, and why does it matter for invoicing?

Bitcoin is an increasingly popular digital currency created in 2008 by a person or group going by the name of Satoshi Nakamoto. Bitcoin transactions are concluded without the interference of other parties, including banks. The number of places and institutions where you can pay with this virtual currency is gradually increasing. Although still relatively niche, BTC payments are becoming more accessible to ordinary people: some places already allow you to pay for pizza, clothing, web hosting or even a house.

Think of Bitcoin as a virtual equivalent of gold, only that it is digital and has no physical form. Thanks to BTC, you can send funds to anyone you want while bearing minimal costs. Paper bills can be printed indefinitely, which can lead to inflation that reflects directly on your wallet. The supply of Bitcoin, in contrast to traditional money, is predetermined: only 21 million BTC can ever be produced, with the last coin expected around the year 2140. The exchange rate is set on the free market, independent from any single institution that could regulate it - prices move purely as a result of supply and demand.

Invoicing software and cryptocurrency

Bitcoins can be used to purchase goods and services in a way that is completely analogous to traditional money. In the same way, you can now pay for your InvoiceOcean subscription and, more interestingly, settle invoices generated with our online invoicing platform. International payments in BTC are cheap and easy, since Bitcoin does not depend on the financial or economic conditions of any single country. Users send each other Bitcoins using mobile applications and computers, and BTC is stored in a digital wallet that can live in the cloud or on your own device.

For small business invoicing in particular, offering an additional payment option can make a real difference. A client who already holds Bitcoin can settle an invoice the moment it lands in their inbox, without waiting for a bank transfer to clear. That can shorten the gap between sending out an invoice template and actually getting paid, which matters just as much for a one-off invoice as it does for recurring invoices billed to long-term clients.

How does the InvoiceOcean and BitPay integration work?

InvoiceOcean's integration with BitPay works like a traditional bank transfer, except that the transfer itself is your cryptocurrency's virtual transfer. Your BitPay account covers your InvoiceOcean subscription fee, so you can enjoy the full functionality of the program without worrying about the safety of your funds, ensured by BitPay, or your data, ensured by InvoiceOcean. Your BitPay wallet works as a virtual online account: it lets you send and receive Bitcoins, pay for goods and services, and store money. If your own clients are cryptocurrency enthusiasts, they will be able to make deposits into your account too.

Simply take advantage of InvoiceOcean Online Payments: thanks to the "Pay online" button, your customers can quickly settle what they owe you. Now that also includes payments in BTC.

Keeping your invoicing organized, whatever the payment method

Whether a client pays by card, bank transfer or Bitcoin, the basics of good e-invoicing do not change. Every invoice should still follow a clear invoice template, list the service or product delivered, and state the due date plainly. If a payment is late, a polite payment reminder sent through your invoicing software is usually enough to get things moving, whatever currency the client eventually settles in. For clients you bill on an ongoing basis, setting up recurring invoices means one less thing to remember each month, no matter which payment methods you decide to offer on top of it.

Accepting Bitcoin does not replace any of this - it simply adds one more way for your clients to pay, alongside the online invoicing tools you already rely on every day.