Banxa offers a number of ways you can complete your cryptocurrency purchase. Not all methods are available in all countries, so please confirm you have access to a specific payment method.
When choosing your payment method, please consider the required processing time as this may impact the speed of your purchase being fulfilled. In some cases, the money will display as deducted from your account, but there is a time delay for this to reach our account/s and be verified.
Payment Method | Description | Acceptance time* | Receipt required | Payment Surcharge |
Visa/Mastercard and Apple Pay | Payments made with a credit card, debit card or using Apple Pay.
| Instant | No | 1.99% |
SEPA | Bank transfers made in Europe.
| 1 business day | Yes | Free |
Sofort | Uses the Sofort payment network. Only available in some European countries.
| 1 business day | No | 1.50% |
Interac | Payment network only available in Canada for interbank transfers. There is a $3000 limit for Interac purchases. | Instant | No | Free |
OSKO/Pay ID | Bank transfers made in Australia.
| 1-3 business days | No | Free |
Faster Payments | Bank transfer made in the UK
| Instant | No | Free |
POLi | POLi is an online payment option that facilitates a Pay Anyone internet banking payment from your bank account to a merchant. POLi is a payment network only available in Australia. | 1 business day | No | 2.00% |
Cash/ EFTPOS | Payment made in-store at newsagents and AusPost branches. The customer uses a QR code generated in the order flow to claim the cryptocurrency in-store. Orders can only be processed 45 minutes after the payment has been received. | 45 Minute | No | 2.00% |
iDEAL | Payment network available to Dutch customers. | Instant | No | Free |
*Acceptance Time: the time to complete pre-approval of the transaction amount with the payment entity.
