BITPAY LIMITS VERIFICATION

Placing many $2990 orders within a short time frame may be frowned upon by BitPay, and doing so might cause them to force you to complete KYC verification on the next order you place, regardless of amount. There is no limit, because the wallet does not contain any bitcoin. I would suggest to the OP that he make sure 24 hours have passed since he placed his prior order and try placing his order again. It is possible the order the OP placed 'yesterday' was actually placed 'today' according to whatever timezone BitPay is using to track transactions. The OP said he placed an order 'yesterday' and was asked to perform KYC verification 'today' when he tried to place an additional order. If you are buying digital goods, you could potentially provide made-up information that changes, but if you need whatever you are buying to be shipped to you, there is a limit as to how much of this you can change.Īs others have noted, BitPay only requires KYC verification if a 'transaction' is above $3000, or $1000 for refunds. I'm quite surprised OP was able to make the initial purchase at all, as I was under the impression that BitPay were now starting to request blanket KYC for every user on every purchase.Īccording to the BitPay API documentation for creating an invoice for a customer to pay, the merchant has to give Bitpay the customer's name, address, email and phone number.

Buy and sell bitcoin and ether with just a few swipes. IP address, browser fingerprint, personal details you gave to the vendor, even physical delivery address. Our intuitive app allows you to trade cryptocurrencies with ease. I'm assuming it's tracking your IP like you'd track someone in person.They could be tracking anything. We could recommend waiting 24 hours from the last purchase that you made via BitPay to see if you are able to make another payment. The transaction limits associated with the BitPay Visa are quite generous and more than what most people will ever need. To clarify, we require shoppers to go through the BitPay ID verification process if they generate more than 3000 USD worth of invoices. You would have to verify if the amount is over 3000 USD, however there is no limit to what you can purchase. To clarify, there is no limit to the invoice amount that you can purchase. I tried to ask support but they act like they don't know. “When making a purchase over 3000 USD or receiving a refund over 1000 USD (or equivalent in other currencies), buyers must complete the BitPay ID verification process through Onfido.” So, I can only make one purchase under $3000 ever without ID verification or do I need to wait 24 hours or a week? Today I tried to place another order under $3000 and Bitpay is again stopping me and wanting to do the ID verification. It did not say why but I found the information about the $3000 limit, so I changed the order to be less then $3000 and everything worked. Yesterday I needed to place a Newegg order that was over $3000 and Bitpay stopped and asked that I complete the ID verification process through Onfido.

Bitpay limits