A payment request denominated in cryptocurrency, issued by a merchant or service provider to a customer. Crypto invoices replace traditional bank account numbers and wire instructions with a wallet address (or payment link) and optional metadata like amount, deadline, and description.
Why this matters for domain registration: crypto invoices are the native payment format for anonymous, no-KYC registrars. No bank intermediaries. No AML screening. Payment either settles on-chain or through a custodial processor like BTCPay Server or OxaPay—your choice. The invoice itself is just data; the blockchain is the receipt.
Unlike traditional invoicing, crypto invoices are pseudonymous by default. A payer sends value to an address; the receiver sees a transaction ID, not a name or tax ID. This suits bulletproof registrars and their customers equally: neither party has to prove identity to process the transaction.
Common formats: a static address, a payment link (BIP70/BIP21), or a QR code. Expiration and amount enforcement vary by payment processor. For domain renewals and initial registration, crypto invoices eliminate banking friction and compliance bottlenecks entirely.