Answers to the most common questions
Libopay is a global payment platform that enables one click money, crypto and credit transactions operable from your smart devices or directly from bank without charging any extra fees. Additionally, it comes with the benefit of zero waiting time for wire transfers.
Libopay is an ‘anywhere any time’ payment system.
Libopay can be accessed online through http://libopay.com/ and Libopay Mobile app for iOS and Android stores. Libopay accept blockchain payments across multiple devices with the Libopay Checkout app. One of our added functionality is zero price volatility with quick bank settlement.
Customer accounts are used for peer-to-peer while Merchant account is for Business-to-Business.
Yes, you need to create an account through https://app.libopay.com/register to start using and make transactions through Libopay.
A notification will be send to the user based on medium through the person had sent you the money. The notification shall be either an email (registered) or a text message. The notification will state that you need to sign up and create an account to receive your money.
No, you don’t need to enrol as Libopay exchange system uses the transaction engine of Stripe and Crypto-payment.
The money will be shown directly on the wallet module in the dashboard. Please click on the eye symbol to reveal the amount. The money can be withdrawn and transferred to bank anytime.
Libopay has a free Sign-up but there will be transaction charges for withdrawal, transfer, pay-out and all other exchange services.
For crypto-payment, it will take around 1-2 hours to reflect on the Blockchain. For FIAT, it will be processed instantly but for higher pay-outs of over $1,000 there will be verification approval.
No, due to security concerns it will take 3-5 banking days.
The limit to the amount a Libopay account can send and/or receive is $10,000. The money transfer is 10,000 USD per day for enhanced security.
Yes, it is secured with SSL and encrypted on every transaction. Libopay follows the 2FA protocol to ensure full security nodes prohibiting any interference in the potential data that it holds.
Libopay 2FA refers to:
- Identifying important security services provided by cryptography:
- Data confidentiality
- Digital signatures
- Data integrity
Libopay offer 2FA Authentication and an OTP will be sent to your email address to secure every login session. A user can also make sure that the app is not open using third party platforms. Libopay online invoice payment offers consumer with the fraud protection that secures their money if they don’t receive the money transferred.
User can use the contact list on the phone or email address to easily find who the user wants to send money and make payments.
1% fee and $10,000 daily limit
Unlike other payment platforms, we support both crypto-currencies and FIAT currencies, among others.