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Accepted payment methods and how to deposit funds

Thank you for creating your Purse account!

If you want to start shopping on Purse, you will first need to deposit some funds to your account. You can deposit Bitcoin (BTC), Bitcoin Cash (BCH), or use Shapeshift to convert your favorite Cryptocurrency into Bitcoin to start shopping with us. 

There are two ways to deposit funds to your account, one is through the wallet page in your account settings, and the other one from the checkout page, just before placing your Purse order. 

Depositing Crypto From Your Account Settings

From this page, you can deposit Bitcoin (BTC) or Bitcoin Cash (BCH), we support the latest address format and technologies for both cryptocurrencies, SegWit and Bech32 for Bitcoin, and CashAddr for Bitcoin Cash. If your cryptocurrency wallet doesn't support these new formats, we will provide you the option to get a legacy address. Please double-check before depositing funds to your Purse account, if you sent Bitcoin Cash to a Bitcoin address by mistake, we won't be able to recover your funds. 

Depositing Crypto From the Checkout Page

If you don't have enough funds in your Purse wallet to pay for an order, we will automatically show you this page and ask you to deposit more crypto.

On this page, you can select the payment method, as well as review the final details of your purchase (Shipping address & Pricing info). You will also have a button to pay with a desktop wallet in case you have one installed in your computer, simply press the 'Open Desktop Wallet' link.

Credit Card & Shapeshift

You can select a variety of options to pay for your order, including handy links to use Shapeshift to pay with Ethereum, Litecoin, Zcash, and other cryptocurrencies. Paying for your order with a Credit Card is now also possible, by pressing the Credit Card option, you will be taken to where you can purchase Bitcoin or Bitcoin Cash with a credit card, you can then deposit those funds to your Purse wallet to start shopping!

Please note that you cannot pay for an order with two different currencies at the same time. You can only use one per order. If you have both Bitcoin and Bitcoin Cash in your Purse wallet, you can choose which one to spend by default.

If you have further questions on how to deposit, withdraw or use your funds, make sure to drop us a line by sending an email to [email protected], or check our Support Centre, not only there are many useful articles on how to use our platform, you can also interact with our Customer Support Agents by pressing the chat icon.

Updated on: 21/01/2021

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