Paxful Pay Point of Sale (PoS)

Paxful Pay PoS is a payment solution for brick-and-mortar stores accepting cryptocurrency payments. Merchants can also track store sales through Paxful Pay PoS.

How do I share Paxful Pay PoS with my staff?

What is the payment process?

How do conversions to other cryptocurrencies work?

How do I add a new store?

Are there any fees?

Order pricing in local currency

How do I share Paxful Pay PoS with my staff?

Each store has a unique link and PIN code to share with staff so they can access Paxful Pay PoS and serve customers.

The link and the PIN code should be copied by a merchant and shared with staff at the merchant’s discretion.

What is the payment process?

1. A buyer visits a merchant’s brick-and-mortar store and wants to buy goods.
2. A cashier logs in to Paxful Pay PoS.
3. The cashier creates an order.
4. The buyer pays the order using their Lightning BTC wallet.
5. The order’s invoice is paid.
6. Funds are credited to the merchant’s Paxful user account (in BTC or USDT by the merchant’s choice).

How do conversions to other cryptocurrencies work?

Merchants can choose to receive payments in USDT. To do this, they need to contact the Paxful support team. From there, the merchant will see a respective option within Paxful Pay PoS:

Conversion process:

1. Buyer pays in BTC.
2. The merchant receives BTC in their Paxful user account.
3. BTC is auto-converted into USDT.
4. The merchant receives the USDT equivalent of the paid BTC invoice in their Paxful user account.
5. The merchant will be paid in BTC if the conversion service is down.

How do I add a new store to Paxful Pay PoS?

To add a new store to Paxful Pay PoS:

1. Log into the app with your Paxful credentials.
2. Select Create Your First Store.
   
   
3. You can enter the store name, location, and icon from there.
   
   
4. After adding the store, it will be displayed within the app with a unique store link and auto-generated PIN code to be shared with staff.
   
   
5. Note: You can add as many stores as you want to Paxful Pay PoS.
   
   

Are there any fees involved?

• Service fee: 0%
• Conversion fee (from BTC to USDT): 0.5%

Order pricing in local currencies

For orders created in BTC, it is also possible to show the equivalent amount in a local currency. 

1. Log into the app with your Paxful credentials.
2. Select the Store’s settings.
3. From there, you can choose your local currency.