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Auto-Reconciliation

When a customer pays their invoice bill using crypto-currencies/tokens, the payment can be reconciled manually or automatically, depending on your personal level of comfort and/or confidence in the block-chain technologies.

The reconciliation method is defined separately for each crypto currency you’ve enabled in the payment options (see the crypto-currency payment options section).

  • If set to Automatic Reconciliation, then pending payment information is sent to The Crypto Cashier’s reconciliation server for block-chain monitoring, where it is continuously scanning for the payment to be placed within a block. When the payment is identified on the block-chain, the reconciliation server will notify the call-back URL where The Crypto Cashier plugin has been installed and the transaction will be reconciled.
  • If set to Manual Reconciliation, then it will be up to you to monitor your crypto wallets to see when certain payments have arrived.  Manual reconciliation is discussed further in the next section.
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