What payment methods can I use with Banxa?

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.

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