How to Set Up Crypto Payments: 4 Steps

Four-step staircase in a shop (find option, ID check, payout preference, test) with the owner celebrating on top and a cat below.

Most providers follow the same four steps to enable crypto on a business account. First, find the crypto or digital payments option in your account settings. Providers label it differently, so if you cannot spot it, their support team will point you there in minutes.

Second, complete any identity check the provider asks for, known as KYC (Know Your Customer)^[1]^[2]. If you already use PayPal or Square, most of it is likely to already be on file.

Third, set your payout preference. Most businesses pick automatic conversion to dollars, so you receive dollars at settlement with no exposure to price movement. Fourth, use your provider's test or sandbox mode if available^[3]. If it isn't, follow the provider's guidance for making a small controlled live transaction before opening crypto payments to customers.