What is Paxful virtual kiosk?
The virtual kiosk is a special interface allowing you to buy bitcoin peer-to-peer with a step-by-step process.
How fast can I set up my kiosk?
It’s a simple 3-step process and you should be able to have it up and running in a matter of minutes.
How safe is it for my customers?
It’s the same safe as trading on Paxful.
What are the different configuration options?
The widget can be configured to show all offers, specific payment method offers or a specific offer. The Kiosk can be configured to deposit bitcoin to either the buyer or to any outside external BTC address.
Which geographies does it support?
The kiosk serves all customers globally outside of OFAC countries, just as our main platform does. We have stronger user bases in every major country and national currency.
How do I get registered for a kiosk?
Set up an account at Paxful.com, then fill out an institutional KYC form.
What are the maximum and minimum payments possible?
The minimum trade amount is 10 dollars (also in other currencies). There is no direct limitation to the purchase sizes, but for large sums, a vendor can request additional KYC procedures.
Where is my client's bitcoin sent?
Your client’s bitcoin can be sent to an omnibus wallet held by you, or to their unique wallet address on your platform.
How does the Kiosk handle chargeback risk?
Chargeback risk is borne by the sellers on Paxful's platform. Once your client's bitcoin is sent to you, there is no chargeback risk to your business.
How much do I get paid, how often and how?
You get 2% of the total volume from each trade that takes place through the Kiosk.
How do I track my earnings?
Every time a trade completes successfully you can track your earnings from your Kiosk Dashboard. On each successful transaction, you will get an email and your Kiosk balance will rise.
How often do I get paid?
You will earn a fee each time a trade is made in real-time. It goes straight to your Kiosk balance.
How much control do I have? Do my visitors ever leave my site?
The Kiosk link can be configured to open in a new tab OR can be configured to open inside an iframe. You can set it up to be embedded as an iframe right into pages so that visitors never leave your website. As a part of the process, the buyers will need to register as Paxful users.
How is the money paid out?
Your earnings are stored as bitcoin in your Kiosk account. You can also sell on Paxful for a fee to bitcoin buyers, making even more!
What happens if there is a dispute?
We have a large, well-trained staff that is over 100 people strong. They moderate and resolve disputes 24/7.
How flexible is it? Can I set it only for certain currencies?
You will be able to specify a starting currency. Even if you don't select a currency, it will be auto-selected based on a visitor’s location with 99% accuracy.
I am a Paxful vendor, can I use this as a checkout on my site that goes right to my offers?
Yes! Paxful checkout can easily be made to show only your offers if you pass your offer ID as an argument and only your specific offer will be shown. It will basically serve as an escrow plugin for your site and your customers won't ever think they left your website. Refer to our developer docs on how to customize the widget.
Can I customize the look and feel of the kiosk?
Yes. You can customize the color and add your own branding to it.
How much can I hope to earn? And how do I know?
How much you can earn depends on the kind of traffic your site gets and how many purchases take place.
What is your KYC process? Can it be customized for us?
We have a tailored and customizable KYC system based on third party software Jumio. KYC’d users require ID, selfie, and POA. There are tiered structures based on volume and geography that require users to KYC.
I have a bitcoin startup and my users need bitcoin. Can I use this as a tool for our users to buy bitcoin?
Yes. Paxful’s Kiosk is the ideal solution for you. By setting up our Kiosk on your exchange, you deliver a quick and easy fiat on-ramp for your customers.