Bitcoin adoption continues to grow all around the globe, with businesses, and corporations using Bitcoin as a payment method. Alongside this use of Bitcoin as a payment method however, comes the need for Bitcoin invoicing platforms for seamless financial operations.
In this piece, we’d be exploring top 5 Bitcoin invoicing platforms with a beamlight on Breet, a platform that stands out in the African market.
Let’s look at some criteria to look out for in selecting Bitcoin invoicing platforms.
Criteria for Selection of Bitcoin Invoicing Platforms
Here are some key criterias to consider when making a choice of Bitcoin invoicing platforms.
1. Security
Security is a non-negotiable criteria to selecting a Bitcoin invoicing platform. Go for platforms that have security infrastructures like strong password requirement, escrow features, 2FA, that not only ensure a seamless transaction, but that guarantee the safety of your Bitcoin payments.
2. Ease of Use
Go for platforms that have straightforward interfaces that can facilitate fast Bitcoin invoice generation and management without hassles. Breet is one platform amongst many that typifies this.
3. Regional Availability
You must check for the availability of these platforms in your region. Some platforms are not licensed in some parts of the world. Some are only functional in African countries. To avoid having payment clashes across borders, it is wise to consider regional availability of Bitcoin invoicing platforms before using them.
4. Invoicing Tools Integrations
Many platforms offer traders, freelancers, and business owners a chance to perform Bitcoin transactions, but not many platforms have tools that allow for effective Bitcoin invoice generation, and management. This should be a criteria to look out for in selecting Bitcoin invoicing platforms for use.
5. Fees
It is important to consider the fees and charges structure of Bitcoin invoicing platforms before making use of them, as fees and charges can go a long way in impacting your overall profitability.
Top 5 Bitcoin Invoicing Platforms
Let’s now consider top 5 platforms for effective Bitcoin invoicing.
1. Breet
Breet is a top crypto platform in Africa that offers a seamless Bitcoin invoicing service to business owners, freelancers, and traders. The platform stands out with an easy-to-use user interface that makes Bitcoin invoice generation, and management fast.
Pros
- Platform is trusted and used by over 250,000 people, and many businesses
- Free and straightforward Bitcoin invoice generation tool for users and businesses
- Transactions are executed at the speed of light
2. Coinbase Commerce
Coinbase Commerce is a platform powered by Coinbase, a reputable crypto platform. It is built to enable the integration of e-Commerce with crypto payment system, and is also a great tool for Bitcoin invoicing
Pros
- Seamless integration of online stores with its e-Commerce innovation
Cons
- Significantly higher fees
- A coinbase account is needed to access full functionality
3. BitPay
BitPay is a crypto platform that has been processing crypto payments across borders for several individuals, and businesses including top brands like Shopify.
Pros
- Available across many regions globally
Cons
- Unlike Breet, the platform charges transaction fees
- Platform has lesser imprint on the African market
4. Request Network
Request Network, unlike the other platform hitherto mentioned, is a decentralized platform that allows for web3 businesses to leverage blockchain for business invoicing and transactions.
Pros
- Leverages blockchain to promote open/verifiable transactions
Cons
- It has limited crypto-fiat conversion options unlike Breet
- Technical know-how may be required
5. Blockonomics
Blockonomics is another crypto platform that leverages a peer-to-peer system to execute Bitcoin invoicing. The beautiful thing about the platform is that it has a high privacy level that eliminates the interference of third parties in transactions.
Pros
- Basic Bitcoin invoicing on the platform doesn’t require signup
Cons
- Advanced features may require a higher know-how for navigation
- Crypto-fiat conversion not available
Conclusion
Crypto payment for businesses, freelancers, and traders has been made simple with the advent of Bitcoin invoicing platforms. All of the platforms discussed in this article can be explored.
Amng them, Breet stands out as a cost-free Bitcoin invoice platform that is well suited for African businesses.