BITSPIDER

Accept Cryptocurrencies For Your Business Payments

Accept bitcoin and ERC-20 tokens for online payments in no time. Use BitSpider billing tools and start accepting BTC, ETH and numerous ERC-20 token payments from your customers. Bitspider is offering solutions to merchant that will help them accept bitcoin and ERC-20 tokens for online payments. To a select number of clients, we will offer the possibility to buy crypto and pay invoices. As part of this solution, in beta every merchant will be required to provide an invoice and proof of delivery.
Advantages

Why Bitspider?

  • fees as low as 0.1%
  • Crypto POS
  • API connectivity
  • 24/7 settlements
  • all major blockchains supported
How it works

Quick and Easy Payment Process

Send
Invoice
The invoice you create is sent to your customer by email.
Pay
QR Code
Your customer pays the BitSpider invoice by scaning the QR code.
Convert
Crypto
Once the payment is confirmed, you can convert your crypto balance into fiat currency.
Receive
Funds
You receive the funds to your Bank account.
REGISTER NOW
Features

Check Our Features

Security

Private Keys are stored in a Hardware Security Module (HSM). We use the FIPS140 Level 2 to ensure the hardware meets the military-grade hardware encryption security requirements.

Regulated

BitSpider OU is licensed by the Estonian Financial Intelligence Unit (FIU) as a provider of virtual currency service and as a provider of a virtual currency wallet service (FVT000006).

KYB / AML

All our merchants are KYB'ed against Dow Jones database and all crypto transactions are monitored. We are using enhanced due diligence tools to visualize and investigate the source of suspicious transactions.
Currency

Get Paid In Your Currency

Avoid the hassle. Recieve payments in cryptocurrencies.
Get paid in Euro.

Other currencies will be provided shortly.
POS

Crypto POS

Accept cryptocurrency payments online or at the POS, and receive fiat currency in your bank account. With daily settlements and fees as low as 0.1%, you have all the tools to succeed! BitSpider supports all major blockchains.
Team

Our members

Timur Borissov

Director
Timur is an experienced corporate finance and insurance professional with over 20 years of experience in transportation, mechanical engineering, and maritime industries. With years of experience as the director of different companies, he has honed his knowledge and skills, now specialising in crisis management and distressed assets restructuring.
Jekaterina has over a decade of experience in accounting and auditing. Through her time at KPMG Baltics OÜ and BDO Eesti AS, Jekaterina has worked with a wide array of industries in both the private and public sector. She has also been lecturing for the past few years and is concurrently working as the Senior Finance Centre of Excellence Accountant in TNT.

Jekaterina Trunin

Money Laundering Reporting Officer
FAQ

Frequently Asked Quesions

Questions and answers regarding the BitSpider platform.
What is BitSpider?
Bitspider is a platform that enables merchants to accept online payments in cryptocurrencies.
How does BitSpider work?
  1. You create an Invoice for your customer.
  2. Your customer pays the Bitspider invoice by scanning the code.
  3. Once the payment is confirmed, you can convert your cryptocurrencies into fiat currency.
  4. You receive the funds to your Bank account.
How to register on BitSpider?
Please submit your account opening application by choosing “Sign Up”.

The owner of the company and the shareholders (10% and more) will be prompted to upload the following documents:
  • Proof of ID
  • Proof of Address
  • Selfie with your ID
  • Video Selfie
We might ask you to submit any financial documentation which can confirm the origin of the funds such as the copies of original receipts, personal documentation from your customer or similar.
Why BitSpider?
  • Easy to use
  • Fees as low as 0.1%
  • API Integration available
  • Transaction monitoring tools
  • You can accept BTC, ETH and any ERC-20 (can be added to the list if the liquidity is verified)
  • 24/7 SEPA settlements
  • Payouts via SEPA and SWIFT
Why do I have to provide all verification documentation?
All our merchants are KYB'ed against the Dow Jones database and all crypto transactions are monitored. We are using enhanced due diligence tools to visualize and investigate the source of suspicious transactions. BitSpider AML Policy is designed to prevent money laundering by meeting the European standards on combating money laundering and terrorism financing, including the need to have adequate systems and controls in place to mitigate the risk of the firm being used to facilitate financial crime.
How do I create invoice?
Using your dashboard please navigate to Merchant page and select »Create new«.

Please insert the required invoice information or use the API to import the information directly from your accounting software.

Once the Invoice is created, an email is sent to your customer with the information and the link with the QR code for the payment.
How do I pay a BitSpider invoice?
Once a merchant provides you with the Invoice for your payment, you can either scan the code or copy the address provided and send the required amount.