Accept crypto for contracting and home services
Want to accept crypto as a contractor? We set up invoices you can send from the job site, and you get paid in US dollars.
Get startedWe never touch your funds. Money goes straight from the processor to your bank.What you get
BitPay invoices work from a tablet or phone on the job site
USD to your bank the next business day
Clear refund steps for change orders and cancellations
How it works for contractors and home services
Want to accept crypto as a contractor? We set up invoices you can send from the job site, and you get paid in US dollars. Your rates and fees are set by the processor, and we will walk you through every step, from the application to your first live sale and staff training.
Jobs that run $5,000 or more route to BitPay. Its checkout now runs as Quick Checkout for Web in a browser, so you can create an invoice on a phone or tablet at the job site (BitPay support). The exchange rate is locked when the invoice is created, and US dollars land in your bank the next business day (BitPay).
New BitPay accounts are limited to $10,000 per day and $500,000 per year. If you take larger deposits, we help you apply for Tier 3 ($100,000 per day), which needs three months of bank statements or a bank letter (BitPay compliance). Customers paying over $3,000 complete a one-time BitPay ID check.
Smaller service calls under $5,000 can run on Flexa's 1% flat iPhone app. For change orders and cancellations, refunds go through the processor dashboard. Tax note: crypto received for services is income at its US-dollar fair market value when received (IRS). See our guide and furniture and appliance stores.
Which processor you'll use
We route by your average ticket: under $5,000 goes to Flexa (1% flat, iPhone/iPad app) and $5,000 and up goes to BitPay (2% + $0.25, next-business-day USD settlement).
Flexa: everyday tickets
- 1% flat fee, with no setup or conversion fees (Flexa)
- Flexa Point of Sale app on any iPhone or iPad (Flexa docs)
- For small and mid-size tickets, under $5,000
BitPay: big tickets
- 2% + $0.25 per transaction under $500K/month (BitPay pricing)
- US dollars to your bank the next business day, locked exchange rates, and no chargebacks as a BitPay feature (BitPay)
- For tickets of $5,000 and up
Processor fees are set by BitPay and Flexa and can change. Crypto fees are not always lower than card fees, so we compare against your own statement rate. Processors approve or decline merchants, not us.
Steps to go live
- 1. Sign upTell us about your business with our short form.
- 2. Account setupWe help you open your own BitPay or Flexa merchant account and prep the business verification (KYB) documents.
- 3. DeviceWe set up an iPad, phone or countertop terminal with the right checkout app.
- 4. TrainingAbout an hour with your team: taking a payment, refunds and scam red flags.
- 5. Go liveA test transaction, signage up, and a 30-day check-in.
FAQ
Can I invoice a customer for a deposit before the job starts?
Yes. Create a BitPay invoice for the deposit amount from a phone or tablet. The rate locks when the invoice is created.
How is crypto taxed for my business?
The IRS treats crypto received for services as income at its fair market value in US dollars when received. Check with your CPA.
Can a contractor accept crypto for a remodel?
Yes. A contractor can send a BitPay invoice from a phone or tablet and receive US dollars the next business day.
Do I have to hold crypto?
No. Payments settle in US dollars, and we never touch your funds.
Will this save me money versus cards?
Not necessarily. Crypto processor fees can be similar to card rates. We compare against your own statement and don't promise savings.