BitPay | Uteach Integrations

Please be aware that  Uteach support is not responsible for maintaining and troubleshooting issues within third-party tools.  

BitPay key information at a glance 

Here are the payment methods BitPay supports, the transaction fees it charges, and the business models you can use it for. 

What is BitPay for? 

BitPay is a leading cryptocurrency payment processor. It enables you to accept payments in Bitcoin and other cryptocurrencies, providing your students with a modern and flexible payment option. 

The Uteach integration with BitPay ensures secure, fast, and cost-effective transactions.

The main features of BitPay include:

• Accept cryptocurrency payments from all over the world
• Benefit from lower transaction fees compared to traditional payment methods.
• Buy and sell cryptocurrencies
• Buy gift cards with crypto

BitPay opportunities for creators 

BitPays offers lots of opportunities for you if you prefer to accept course payments in crypto. For example, you can accept payments in major cryptocurrencies like Bitcoin (BTC),Ethereum (ETH),Litecoin (LTC),and stablecoins such as USDC and DAI. 

Other advantages the platform offers for your business is:

• Blockchain-based payments eliminate fraud-related chargebacks, saving time and money for you. 
• Offers promotional support through its Merchant Directory, social media posts, email newsletters, and blog features to help increase visibility and attract crypto users to your courses. 
• Supports mass payouts for affiliates and instructors. 

Check out this video to find out how you can create and set up your BitPay account. 

What do you need for BitPay integration? 

The only thing you need to integrate BitPay with Uteach is your BitPay token. It can be generated from your BitPay account as you navigate to the API token page. 

To find BitPay integration, follow these steps.

• Log in to your Uteach account.
• Navigate to the Financial tab and Payment Gateway section.
• Choose BitPay from the list of displayed payment gateways.
• Access the BitPay token field and fill it out. 

For detailed instructions on how to integrate BitPay with Uteach, check out our knowledge-base article: BitPay. 

How to use BitPay with Uteach? 

The integration setup will be complete as you enter the token. You will see a success message once Bitpay is set as your payment gateway. Please note that you cannot receive payments with multiple payment gateways simultaneously. 

Besides choosing your payment method, you should also select

• The country. It is the country in which you currently reside, and the choice of country determines the available options for your payment gateway. BitPay is now available in the United States, Canada, the United Kingdom, and EU countries, among others. 
• The currency you want to receive the payments with. You can choose only one currency and receive all the payments with the currency you select. 

There may be times when you need to refund your students, which can be done effortlessly from your Uteach dashboard. The procedure for issuing refunds is the same no matter which payment gateway you are using.

Related: How Can I Make a Refund? 

When payments come in, you can keep track of them using your Uteach online school dashboard. The My Profit section provides detailed insights into product prices, user information, payment statuses, and other relevant details.

What do users think about BitPay? 

BitPay has a 4.4-star review on Capterra, and most of the reviewers view it as a reliable and secure payment system. 

BitPay gets praise for being easy to use and secure, especially for buying/selling crypto or accepting crypto payments without holding it. Users love the debit card feature that lets them spend crypto directly. However, some find the interface confusing at first, and customer support can be slow. A few also mention processing delays or financial losses due to crypto price swings during transactions. 

Here is an example review. 

FAQ 

• Does BitPay have a mobile app? 

Yes, BitPay has a mobile app available for Android and iOS devices. The app allows users to buy, store, swap, and spend cryptocurrencies securely. It includes features like wallet management, crypto-to-fiat conversions, the ability to purchase gift cards, track live crypto prices, and manage the BitPay debit card.

• 
  How does BitPay handle chargebacks?

One of the benefits of accepting payments with BitPay is that payments can be made with cryptocurrency. Thus, accepting cryptocurrency payments does not include chargebacks with blockchain transactions. While BitPay doesn't impose a refund fee, there may be a network fee involved in processing the refund.

• What if my students report issues with payments?

Verify that BitPay is selected as the payment method in your course settings and that your BitPay account is not restricted.

BitPay Resources 

BitPay provides multiple resources for you to find answers to all of your questions. They include

• Support articles to get answers and advice on the main issues
• BitPay documentation, where you can find every necessary detail, including integration guide

However, if you need instant guidance, you can contact their team via live chat. 

Disable BitPay 

If you want to stop receiving payments via BitPay or choose another payment method, follow these steps. 

• Navigate to the Financial tab > Payment Gateway from your dashboard.
• Choose BitPay and click the three dots in the bottom right corner. 
• Click the Delete button. 

After deleting the integration, you will see a confirmation message.