SellvyPay: Accept Crypto Payments with Zero Fees
Learn how to set up SellvyPay to accept Bitcoin, Ethereum, and 14 cryptocurrencies total — with zero crypto processing fees and automatic payouts to your wallet.
SellvyPay is Sellvy's built-in custodial cryptocurrency payment system. It handles everything for you: receiving payments into secure platform-managed wallets, confirming blockchain transactions, delivering products instantly, and paying out to your wallet on your preferred schedule. There is zero crypto processing fee on any plan.
How SellvyPay Works
When a buyer selects cryptocurrency at checkout, SellvyPay generates a unique payment address for the order using HD wallet derivation. The buyer sends their payment to that address, our system monitors the blockchain for confirmation, and once confirmed, the order is automatically marked as paid and the product is delivered.
Funds are held securely by the platform until your configured payout conditions are met, at which point they are sent to your payout wallet address with platform fees deducted. This custodial model is the same proven approach used by leading digital commerce platforms.
Supported Cryptocurrencies
SellvyPay supports 14 coins across 10 blockchain networks:
| Coin | Network | Type |
|---|---|---|
| Bitcoin (BTC) | Bitcoin mainnet | UTXO |
| Litecoin (LTC) | Litecoin mainnet | UTXO |
| Dogecoin (DOGE) | Dogecoin mainnet | UTXO |
| Ethereum (ETH) | Ethereum mainnet | EVM native |
| BNB (BNB) | BNB Chain | EVM native |
| Polygon (MATIC) | Polygon | EVM native |
| Solana (SOL) | Solana | Native |
| XRP | XRPL | Native |
| TRON (TRX) | TRON | Native |
| Monero (XMR) | Monero | Native |
| USDT | ERC-20, TRC-20, BEP-20 | Stablecoin |
| USDC | ERC-20, BEP-20 | Stablecoin |
Setting Up Your Payout Wallets
SellvyPay handles all receiving automatically using platform-managed wallets. You only need to provide a payout wallet address for each coin where you want to receive your earnings.
Adding Your Payout Addresses
Go to Settings -> Payments -> SellvyPay and add your payout wallet address for each coin you want to accept. This is the address where SellvyPay will send your earnings after platform fees are deducted.
Tips for choosing payout addresses:
- Use a hardware wallet (Ledger, Trezor) for maximum security.
- Use a dedicated address for your store to keep business and personal crypto separate.
- Double-check every address before saving — blockchain transactions are irreversible.
Configuring SellvyPay in Sellvy
- Go to Settings -> Payments in your dashboard.
- Scroll to the SellvyPay section.
- For each coin you want to accept:
- Toggle it on.
- Enter your payout wallet address for that coin.
- Configure your payout schedule (instant, daily, weekly, threshold, or manual).
- Click Save.
Your storefront checkout will now show cryptocurrency as a payment option alongside Stripe and PayPal.
The Buyer Experience
Here is what your customers see when they choose crypto at checkout:
- They select their preferred cryptocurrency from the available options.
- A payment screen appears showing the exact amount to send (calculated at the live exchange rate), the destination address, and a QR code for mobile wallets.
- They send the payment from any wallet app.
- The page updates in real-time as the payment is detected on the blockchain.
- Once confirmed, the product is delivered instantly — download links, serial keys, or whatever your product type entails.
The payment session expires after 30 minutes. If the buyer does not send payment in time, the order is cancelled and they can try again.
Exchange Rates and Pricing
SellvyPay converts your product prices from your store currency (e.g., USD) to cryptocurrency amounts using live market rates at the time of checkout. The rate is locked for the duration of the payment session (30 minutes), so neither you nor the buyer is exposed to short-term volatility.
Transaction Fees
SellvyPay charges zero crypto processing fees. Your platform fee (5% Free, 2% Pro, 0% Business) is deducted at payout. The only other fees involved are the blockchain network fees (gas fees for Ethereum, mining fees for Bitcoin) which are paid by the buyer as part of their transaction.
Compare this to traditional payment processors:
- Stripe: 2.9% + $0.30 per transaction
- PayPal: 3.49% + $0.49 per transaction
- SellvyPay: 0%
For a $100 product, you save $3.20–$3.99 per sale by accepting crypto.
Security Best Practices
- Use a hardware wallet (Ledger, Trezor) for your payout address, especially for significant volume.
- Verify your payout address carefully before saving. Blockchain transactions are irreversible.
- Use a dedicated wallet for your store to keep business and personal crypto separate.
- Monitor your payouts regularly in the SellvyPay dashboard to verify everything is reconciling correctly.
FAQ
Can I accept crypto without Stripe? Yes. SellvyPay works independently of Stripe. You can use SellvyPay as your only payment method, or combine it with Stripe and PayPal.
What happens if a buyer underpays? If the received amount is less than the required amount, the order remains in "pending" status. You can choose to manually complete it or issue a refund.
What happens if a buyer overpays? The order is completed normally. The excess amount is credited to your account balance and included in your next payout.
Can I set minimum/maximum amounts for crypto payments? SellvyPay respects your product's minimum and maximum quantity settings. There is no separate minimum for crypto payments.
Do I need to report crypto income for taxes? Yes. Cryptocurrency received as payment for goods and services is taxable income in most jurisdictions. Consult a tax professional for advice specific to your situation. Sellvy provides order export tools to help with record-keeping.
Can buyers get a refund on crypto payments? Refunds for crypto payments are handled manually. You would send the refund amount from your wallet to the buyer's address. Sellvy tracks the refund status in your order dashboard.