These Cryptocurrency Payment Portal Terms and Conditions (this “Agreement”) is a contract between you (“you” or “your”) and the office of the Ohio Treasurer of State, an elected office of the State of Ohio (“TOS”, “us”, “our”, or “we”), and applies to your use of the Cryptocurrency Payment Portal, commonly referred to as “”, and any other communications, features, technologies, and/or functionalities offered by TOS on our website, through technical support, or through any other means (together, the “Service” or “Services”). The Services are provided to you subject to this Agreement as well as our Privacy Policy and Disclaimer, which are incorporated by reference.

By continuing to use the Services, and pursuant to your express written consent through the Services, you agree to the terms of this Agreement. Further, by using the Services and by agreeing to the terms of this Agreement, the term "you" will mean you, the natural person, as well as the business you represent.


You acknowledge and agree that this Agreement is between you and TOS, not with any third party (including, but not limited to, any wallet, exchange, or payment processor). Your use of the Services may be subject to separate agreements you may enter into with other parties including, but not limited to, our third party CPP or any wallet, payment portal, exchange, or any other parties involved in providing the Services. You agree to comply with all applicable third party terms of agreement when using the Services. TOS is not a party to those agreements and has no responsibility for the products and services provided by third parties.


i. Terms for the Services

The Services allow you to make tax payments to TOS. You may use the Services on any internet connected device permitted by BitPay, Inc., our third-party gateway (the “Cryptocurrency Payment Processor” or “CPP”).

The third party CPP is a licensed money services business and all money transmission is provided by the third party CPP, pursuant to the third party CPP’s licenses.

See for additional information and for disclosures that the third party CPP is required to post in certain jurisdictions. TOS has no responsibility for the actions due to your transfer or for the subject of the transfer. We do not guarantee the identity of any user of the Services, that you are permitted to use the Services, or that a sender can or will complete a transaction. The Services are subject to availability restrictions. Please see the third party CPP’s terms for additional information.

Unless stated otherwise, the “third party CPP website” shall mean

ii. Eligibility and Account Registration

To be eligible to use the Services, you must be a resident of the United States, be 18 years or older, use the Services in the United States, and have the authority to conduct transactions on behalf of your business. In order to use the Service, you must register with TOS to pay your taxes. Please visit our website to register or contact us at 614-466-8284 or at You agree that any information you provide to TOS upon registration and at all other times will be true, accurate, current and complete, and you agree to maintain and update your information with us as necessary. We reserve the right to verify your information at our discretion.

iii. Third party provider

TOS uses the third party CPP to facilitate payments to TOS. Any payments made through the third party CPP are subject to their terms and conditions.

iv. Payment Method Limitations

TOS may limit your payment amount for a particular transaction or transactions.


Use of the Services is subject to the laws and regulations of the United States regarding the prevention of terrorist financing and anti-money laundering. You agree and acknowledge that your use of the Services would and will comport with such laws and regulations, including, without limitation, the sanctions programs administered by the Office of Foreign Assets Control of the United States Department of the Treasury. Please see the third party CPP website for additional details.


i. Payment Liability or Obligation

You will not be relieved of your payment liability for the underlying tax obligation of your payment through the Services to TOS, except to the extent that TOS realizes final payment of the underlying obligation in United States Dollars. If final payment is not made by the third party CPP or any other payment processor in the transaction, the underlying obligation survives and TOS, the Ohio Department of Taxation, the State of Ohio, or any other applicable entity shall retain all remedies for enforcement that would have applied if the transaction had not occurred.

ii. Payment Timeline

If you choose to use this Service, you should expect that your payment will take 3-5 business days from the date you send the payment until TOS applies the USD amount to your tax obligation. You must make sure that the cryptocurrency to make the payment is available at the time you authorize the payment. Your payment to TOS is not complete until we receive the payment, in USD, in our checking account. The payment will take 3-5 business days to process assuming expected processes and protocols are operational. We will strive to provide you with adequate notice of any change in this timeline. After your payment is applied to your tax obligation, TOS will notify you, via email, of your complete payment.

You should receive an update via email regarding your transaction immediately. If you do not receive an email, please wait up to two hours for the transaction notification before contacting TOS.


In certain situations when an invoice is not fully paid or overpaid, it will result in a payment exception. Please contact TOS if you believe that there has been a payment exception.

i. Underpayments

Underpayments occur when you send less than the full amount required to mark the invoice as fully paid. Since the invoice is not fully paid or complete, the third party CPP will not accept the payment and you must restart your transaction.

ii. Overpayments

Overpayments occur when an invoice receives excess cryptocurrency. In cases such as this, the third party CPP will not accept the payment and you must restart your transaction.

iii. Orphan Payment

Orphan Payments occur when a transaction is sent outside the allotted time window for the invoice. In cases such as this, the third party CPP will not accept the payment and you must restart your transaction.

iv. Unsupported Payments

We reserve the right to accept, modify, or delete cryptocurrency payment types at our sole discretion. For a list of our current cryptocurrencies, please visit the FAQ page. For an overview of the unsupported cryptocurrencies, please refer to the third party CPP website. The third party CPP does not support unsupported payments. If you submit an unsupported payment, you are responsible for any loss associated or error as a result of the transaction.

v. Incorrect Payments

TOS and the third party CPP strive to correctly display payment information at all times. If you feel that your payment information is incorrect at any point in the transaction, please abandon the transaction and contact TOS.

vi. Stuck Payments

Stuck Payments occur when you make a payment but it is never confirmed on the network. You understand and agree that payment is not made until it is received by TOS. You understand agree that you are liable for any Stuck Payment on the network. Please contact the third party CPP or your wallet for additional information.


i. Refund Procedures

We do not refund any amount via the third party CPP. Please contact the Ohio Department of Taxation for a refund.


i. Exchange Rate Agreement

By using this Service, you expressly agree to the exchange rate identified at the time of payment. If you fail to complete the transaction in the allotted time window or need to complete another transaction, you will be liable for any gains or loss associated with a change in the exchange rate assessed to the new transaction.

ii. Invoice Generation

TOS uses the third party CPP's hosted invoice on the Cryptocurrency Payment Portal. To complete the transaction, the third party CPP will pull the exchange rate, where applicable, and provide the payment instructions for you to complete an invoice. The invoice will open when you press complete payment. After pressing this button, your payment is not complete until you send the payment from your wallet and it posts to the blockchain network. TOS does not have any control, nor have access to, any mining fees for the transaction. It is your obligation to pay any mining fees assessed by your wallet. If you fail to complete the payment from your wallet within the allotted time window, the transaction will fail and TOS will not apply any payment to your tax obligation.

iii. Exchange Rate

The exchange rate is set for an allotted time window after the invoice is created. For more information about how the third party CPP calculates the exchange rates and factors in market depth, please refer to the third party CPP website.

By using the exchange rate set by the third party CPP, you understand and agree that the rate at the time of payment confirmation may vary from the exchange rate at the time the payment was initiated. You further understand that your payment shall be equal to the USD amount expressed at the time of invoice generation. The transaction exchange rate may differ from the market exchange rate at the time the transfer is complete.

As such, you may see slight variances in your wallet USD conversion amount and the amount displayed at the time of payment on the Cryptocurrency Payment Portal. By using this service, you accept the risk that the USD amount paid, expressed by your wallet, may be greater than or less than the amount paid to TOS. The amount owed in the allotted time window at invoice generation shall be equal to the currency amount expressed at the transaction window. TOS shall be under no obligation to refund, or request additional funds, any amount due to a change in the amount paid at the point of payment confirmation.

The Cryptocurrency Payment Portal displays the amount of each fee in cryptocurrency based on the exchange rate from the third party CPP. As a result of the applied exchange rate, the invoice may have minor rounding differences for the estimated cryptocurrency conversion amount for each tax and fee displayed, which may result in minor variations to the cryptocurrency subtotal.

iv. Exchange Rate Disclaimer

Generally, an exchange rate is the rate at which one currency may be converted into another, also called a rate of exchange or currency exchange rate. Exchange rates are based on various publicly available sources and any rate provided by the Services should be used as a guideline for your transaction only. The third party CPP provides the rate for the transaction and TOS does not, and will not, verify the accuracy of any rates, and actual rates may vary. The information supplied by the Services is believed to be accurate, but the TOS, the State of Ohio, and/or our respective third party providers do not warrant or guarantee such accuracy. When using this information for any financial purpose, we advise you to consult a qualified professional to verify the accuracy of the rates. We do not authorize the use of this information for any purpose other than your personal use and you are expressly prohibited from the resale, redistribution, and use of this information for commercial purposes.

v. Timing

The exchange rate may change if you fail to complete your transaction in the allotted time window. TOS cannot, and will not, honor an exchange rate obtained at a different time. Each transaction will have a new exchange rate. For more information on changes to the exchange rate, please visit the third party CPP website.

The third party CPP sets the exchange rate under the condition that you submit the payment within the allotted time window after invoice generation. Invoice timeout information is clearly displayed on each invoice. While the third party CPP sets the exchange rate as long as you pay within the allotted time window, you agree that you assume the volatility risk of your local currency or the applicable cryptocurrency through payment confirmation.


i. Convenience Fees

By completing a payment using the Service, you understand and agree that there may be convenience fees associated with completing a transaction using this Service. TOS obtains the convenience fee information from the third party CPP and all fees are paid to the third party CPP.

ii. Nonrefundable Fees

By completing a transaction using the Service, you understand and agree that any fee charged for this Service is nonrefundable.

iii. Fees Displayed

For your convenience, we display all fees on the Cryptocurrency Payment Portal in both USD and the selected cryptocurrency. However, the third party CPP may only display fees in the selected cryptocurrency. Please refer back to the Cryptocurrency Payment Portal for your official TOS invoice. TOS will also send you an email of your transaction information. We do not control, have access or the ability to display miner fees assessed when you initiate your payment. You will be responsible for paying any additional mining fees. These fees are displayed within your wallet.

iv. Processing Fees

Network Costs

The third party CPP may incur a cost (“Network Cost”) to sweep an incoming cryptocurrency payment. These Network Costs are included in the invoice total and you must pay the Network Costs. If your payment does not include the network costs, TOS may reject your payment. You have the discretion to decide to pay or not pay an invoice after it has been created after you review the total costs of the fees.

Miner Fees

Cryptocurrency transactions may require a miner fee. These miner fees are automatically created by your wallet and sent to the miner. These miner fees are not fees collected by the third party CPP or TOS. You shall be responsible for any fees associated with your payment charged by your wallet.

v. Fee Changes

The third party CPP and TOS reserve the right to change the fee structure and pricing at any time and with or without prior notice. Your continued use of the Services after the fee change constitutes your acceptance of such change. Current pricing information is provided on the Cryptocurrency Payment Portal and the third party CPP website. Please note, the fees for your transaction will not change after invoice creation for your payment submission. Please cancel your payment and contact us at 614-466-8284 or at if you notice a change to your fee structure.

vi. Notice

You understand and agree that you have been provided sufficient notice, both in this Agreement and at the time of the transaction, that the Cryptocurrency Payment Portal has provided: (1) a statement that there is a surcharge or convenience fee for using a financial third party CPP; (2) the total amount of the charge or fee expressed in dollars and cents for each transaction, or the rate of the charge or fee expressed as a percentage of the total amount of the transaction, whichever is applicable; and (3) a clear statement that the surcharge or convenience fee is nonrefundable.

vii. Fees paid to Third Party CPP

TOS does not receive any portion of the fees you pay to use the Service. Any fees associated with the use of the Service are collected by the third party CPP.

viii. Additional Information

For additional information regarding fees associated with the Service, please contact us at 614-466-8284 or at, view the FAQ page, or visit the third party CPP website.


i. Email Address

It is your responsibility to correctly input your email address. If you believe you entered the wrong email address or if you do not receive an email notification from TOS within 2 hours of submitting your payment through the Cryptocurrency Payment Portal, please contact TOS.

ii. Email Notifications

By using this Service, you agree that we may send you email notifications about your transactions, contact you by telephone, or communicate with you in any other reasonable manner.

The Services will send you three emails during your transaction payment cycle. You will receive an email (1) when you initiate a payment on the network, (2) when the network validates the payment, and (3) when TOS applies your payment to your tax obligation.


i. Fees and Interest

By using this Service, you understand and agree that TOS and the Transaction shall not be liable for any fees, interest penalties, or costs associated with the use of the Services. You will be responsible for paying all fees including, but limited to, any late fees or interest penalties assessed by the Ohio Department of Taxation including, but not limited to, fees associated with a late payment or incorrect payment made using the Service while the transaction is in process. Tax payments paid through this Service may take 3-5 business days to complete and post to your tax obligation.

ii. Tax Amount

By using this Service, you understand and agree that TOS does not have any information associated with any past or future tax obligation. By accepting your payment in the Cryptocurrency Payment Portal, TOS does not relieve you from any past or present future tax obligation. TOS will provide the Ohio Department of Taxation with sufficient information to identify your payment. Please contact the Ohio Department of Taxation or consult your tax professional for more information regarding your payment or tax obligations.

iii. Tax Types

By using this Service, you understand that the tax types populated by this Service are populated using the registration information you provided to TOS to use this Service. TOS has not and will not verify, review, or provide any guidance regarding any potential or outstanding tax information.

By using this Service, you understand that it is your responsibility to verify and review the information on the Cryptocurrency Payment Portal and verify the accuracy of your tax payment, including the tax type, amount, and business information. Further, you are responsible for verifying the information contained on the invoice. You understand and agree that your failure to verify information on the portal may result in costs, fees, including late fees and interest, assessed by the State of Ohio and or the Ohio Department of Taxation or any other party that would have had the ability to assess such fines had the payment not been made. By using this Service, you accept that TOS has waived any obligation or duty, whether express or implied, to verify your tax payment or entity information.

iv. Other Payment Options

You may have other options to complete your tax payment. Please visit the Ohio Department of Taxation at or for more information.

v. Taxes

For more information on your Ohio taxes, please visit or consult a tax professional.


i. Taxes and Reporting

It is your responsibility to determine what, if any, taxes apply to the payment of your tax payment in connection with your use of the Service ("Transaction Taxes"). It is solely your responsibility to assess, collect, report, or remit the correct Transaction Taxes to the proper tax authority at the proper time. We are not obligated to, nor will we determine whether Transaction Taxes apply, or calculate, collect, report, or remit any Transaction Taxes to any tax authority arising from any transaction with the Services. You acknowledge that we may make certain reports to tax authorities regarding transactions that we process and merchants to which we provide services.

Pursuant to the Internal Revenue Code, merchant acquiring entities and third party settlement organizations are required to file an information return with the IRS for each calendar year, reporting all third party network transactions with merchants occurring in that calendar year as required by law. The third party CPP may be required to submit such information regarding your account. For complete details, visit the third party CPP website.

ii. Security

TOS maintains commercially reasonable administrative, technical and physical procedures to protect all the personal information regarding you and your customers that is stored in our servers from unauthorized access and accidental loss or modification. However, we cannot guarantee that unauthorized third parties will never be able to defeat those measures or use such personal information for improper purposes. You acknowledge that you provide this personal information at your own risk.

iii. Restricted Use

You agree to comply with all applicable federal, state, and local laws, rules, regulations, and ordinances applicable to you, TOS, or any third party provider for any actions you complete to use the Service (for example, those governing financial services, consumer protections, unfair competition, anti-discrimination or false advertising). In addition to any other requirements or restrictions set forth in this Agreement, you shall not use the Service for the following: (i) provide cash advances, (ii) submit any transaction for processing that does not relate to your tax payment, (iii) act as a payment intermediary or aggregator or otherwise act on behalf of any third party, (iv) send what you believe to be potentially fraudulent authorizations or fraudulent transaction, or (v) use the Service in a manner that a third party provider reasonably believes to be an abuse of the Service, a violation of Service rules, or an abuse or violation of a third party’s rules.

You further agree not to, nor to permit any third party to, do any of the following: (i) access our system, programs, or data that are not made available for public use; (ii) copy, reproduce, republish, upload, post, transmit, resell or distribute in any way material from us; (iii) permit any third party to use and benefit from the Service via a rental, lease, timesharing, service bureau or other arrangement; (iv) work around any of the technical limitations of the Service, use any tool to enable features or functionalities that are otherwise disabled in the Service, or decompile, disassemble or otherwise reverse engineer the Service, except to the extent that such restriction is expressly prohibited by law; (v) perform or attempt to perform any actions that would interfere with the proper working of the Service, prevent access to or use of the Service by our other users, or impose an unreasonable or disproportionately large load on our infrastructure; or (vi) otherwise use the Service except as expressly allowed under this Agreement.

iv. Suspicion of Unauthorized or Illegal Use

We reserve the right to not authorize or settle any transaction you submit which we believe is in violation of this Agreement, any third party agreement, or exposes you, other users, our processors, or TOS or the State of Ohio to harm, including but not limited to fraud and other criminal acts. You are hereby granting us authorization to share information with law enforcement about you or your transactions, if we reasonably suspect that your use of the Services has been used for an unauthorized, illegal, or criminal purpose.

v. Service Network Rules

The Service has established guidelines, bylaws, rules, and regulations ("Service Network Rules"). You are required to comply with all Service Network Rules that are applicable to users. You can review portions of the Service Network Rules at the third party CPP website. The third party CPP reserve the right to amend the Service Network rules. We reserve the right to amend the Agreement at any time with or without notice to you as necessary to comply with Network Rules or otherwise address changes in the Service.

vi. Disclosures and Notices

You agree that TOS can provide you with disclosures and notices regarding the Services by posting such disclosures and notices on our website, emailing them to the email address listed in your Service Account, or mailing them to the address listed in your Service Account. You also agree that electronic disclosures and notices have the same meaning and effect as if we had provided you with a paper copy. Such disclosures and notices shall be considered to be received by you within 24 hours of the time it is posted to our website or emailed to you unless we receive notice that the email was not delivered.

vii. Support

Please contact us with any questions at 614-466-8284 or at If you believe that there was an error with your transaction, please contact us immediately. Please make sure you have this information at hand before you contact us: your receiving address; transaction details including amount, date, sending address, and receiving address; blockchain transaction ID/URL. Please check your wallet to find this information.

viii. Termination or Suspension of the Services

TOS may at any time suspend or terminate the Services, with or without cause, by providing notice on the website or disabling the website. After you receive notice of the suspension or termination of the Services, you should cease to send any transactions using the Services and take all necessary or appropriate steps to limit transactions and minimize costs as of the date of receipt of the notice of suspension or termination.

ix. Public Records

You understand and agree that TOS is an agency of the State of Ohio and is subject to the Ohio Public Records Act, Ohio Revised Code § 149.43, et seq., and that any record you submit to TOS, that is deemed a public record, is subject to release if a proper request is made.

x. Severability

If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid, illegal, or unenforceable, that determination shall not affect any other provision of this Agreement. Any other provision will be construed and enforced as if the invalid, illegal, or unenforceable provision were not contained herein.

xi. Assignment

Neither this Agreement nor any portion thereof shall be assigned or transferred to a successor without prior written approval from the TOS. If approval is granted, then during the term of this Agreement, all successors and assigns shall be bound by the terms of this Agreement.

xii. Force Majeure

TOS shall not be responsible or liable for any failure or delay in the performance of this Agreement arising out of or caused, directly or indirectly, by circumstances beyond our control, including without limitation: acts of God; earthquakes; fires; floods; wars; civil or military disturbances; acts of terrorism; sabotage; epidemics; riots; loss or malfunctions of utilities, transportation, computer (hardware or software), or communications service; accidents; labor disputes; acts of civil or military authority; governmental actions; or inability to obtain labor, material, equipment, or transportation.

xiii. Waiver of Breach

The waiver by either party of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by the breaching party. A waiver by either party shall only be valid if it is in writing and signed by an authorized officer of the party making the waiver.

xiv. Entire Agreement and Modifications

Any modifications, changes, or accommodations provided to you under this Agreement must be in writing and delivered by an individual with sufficient authority to sign and execute transactions on behalf of TOS. Any verbal information regarding the Services shall not modify, amend, or supplement any of the terms of this Agreement, unless specifically agreed upon in writing by the parties hereto.

This Agreement supersedes all previous Cryptocurrency Terms and Conditions agreed to by the parties and by continued use of the Services, you agree to these terms. In the event of a conflict between the terms of this Agreement and the terms of a third party agreement, the terms of this Agreement shall prevail.

xv. No Warranties and Limited Liability


In no event will we be liable to you or any third party for any direct, indirect, special, incidental, consequential, exemplary or punitive damages or any loss, theft, disappearance, or damages for lost profits, lost revenues, lost data or other intangible losses that result from the use of, inability to use, or unavailability of the Services, regardless of the form of action and whether or not we knew that such damage may have been incurred. In no event will we be liable to you or any third party for any damage, loss or injury resulting from hacking, tampering, virus transmission or other unauthorized access or use of the network, your wallet or account, or any information contained therein.

Notwithstanding the foregoing, or any other provision of this Agreement, TOS, as an agency of the State of Ohio, only waives immunity to the extent authorized under § 2743.02 of the Ohio Revised Code.

xvi. Governing Law & Venue

This Agreement and the rights of the parties hereunder shall be governed, construed, and interpreted in accordance with the laws of the State of Ohio and only Ohio courts shall have jurisdiction over any action or proceeding concerning the Agreement and/or performance thereunder. Venue for actions shall occur in Franklin County, Ohio.


i. 0 Confirmations: The transaction has been broadcast but is still not included in any block. Zero confirmation transactions (unconfirmed transactions) should generally not be trusted without risk analysis. Although miners usually confirm the first transaction they receive, fraudsters may be able to manipulate the network into including their version of a transaction.

ii. 1 Confirmation: The transaction is included in the latest block and double-spend risk decreases dramatically. Transactions which pay sufficient transaction fees need 10 minutes on average to receive one confirmation. However, the most recent block gets replaced fairly often by accident, so a double spend is still a real possibility.

iii. 6 Confirmations: The network has spent about an hour working to protect the transaction against double spends and the transaction is buried under six blocks. Even a reasonably lucky attacker would require a large percentage of the total network hashing power to replace six blocks. Although this number is somewhat arbitrary, software handling high-value transactions, or otherwise at risk for fraud, should wait for at least six confirmations before treating a payment as accepted.

iv. Address: A Bitcoin address, or simply address, is an identifier of 26-35 alphanumeric characters, beginning with the number 1 or 3, which represents a possible destination for a Bitcoin payment.

v. Allotted Time Window: The time window set by the third party CPP to send a payment for a created invoice. The current allotted time window is 15 minutes but is subject to change at the discretion of TOS and the third party CPP.

vi. Amount Paid: The total amount paid to the invoice in the terms of the invoice transaction currency, indicated in the smallest possible unit for the corresponding transaction currency (e.g. satoshis for BTC and BCH).

vii. Bitcoin Cash: A type of digital currency secured by proof of work running on the Bitcoin Cash network.

viii. Bitcoin: a type of digital currency secured by proof of work running on the Bitcoin network.

ix. Blockchain: a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.

x. Complete: When an invoice is complete, it means that BitPay has credited the merchant’s account for the invoice. Currently, 6 confirmation blocks on the Bitcoin network are required for an invoice to be complete. Note, in the future (for qualified payers), invoices may move to a complete status immediately upon payment, in which case the invoice will move directly from a new status to a complete status.

xi. CPP or Cryptocurrency Payment Processor: The third party payment processor contracted by TOS to facilitate cryptocurrency payments. BitPay, Inc. is the current third party payment processor.

xii. Cryptocurrency: A digital or virtual currency that uses cryptography for security.

xiii. Currency Rate: The exchange rate between the cryptocurrency and the United States Dollar.

xiv. EIN #: Employer tax identification number.

xv. Expired: An expired invoice is one where payment was not received in the allotted time window.

xvi. Fork: When two or more blocks have the same block height, forking the blockchain. This typically occurs when two or more miners find blocks at nearly the same time or can also happen as part of an attack.

xvii. Full node: A node that fully verifies all of the rules of the blockchain network.

xviii. Hard Fork: A permanent divergence in the blockchain, commonly occurs when non-upgraded nodes can’t validate blocks created by upgraded nodes that follow newer consensus rules.

xix. Hash Function: A process that takes an input string of any length and gives out an output of a fixed length.

xx. Invalid: An invoice is considered invalid when it was paid, but the corresponding transaction was not confirmed within 1 hour after receipt. It is possible that some transactions on the network can take longer than 1 hour to be included in a block. If the transaction confirms after 1 hour, the invoice state will change from invalid to confirmed or complete (6 confirmations), depending on the invoice transaction speed setting.

xxi. Low Transaction Speed: An invoice is considered to be confirmed after 6 block confirmations (~1 hour).

xxii. Miner Fee: Miner fees are small amounts of cryptocurrency given to incentivize miners (and their operators) to confirm transactions.

xxiii. Miners: Mining is the act of creating valid blocks, which requires demonstrating proof of work, and miners are devices that mine or people who own those devices.

xxiv. Mining: The process that verifies transactions added to a blockchain. This process of solving cryptographic problems using computing hardware also triggers the release of cryptocurrencies. The network uses proof of work to mine.

xxv. Network Cost: The Network Cost is a fee charged to purchasers, which helps to cover the miner fee cost for this UTXO sweep.

xxvi. Node: A computer connected to the blockchain network.

xxvii. Paid: As soon as payment is received, it is evaluated against the invoice requested amount. If the amount paid is equal to or greater than the amount expected, then the invoice is marked as being paid. To detect whether the invoice has been overpaid, consult the invoice exception status (exceptionStatus parameter).

xxviii. Price: The price set by the merchant (in terms of the provided currency).

xxix. Soft Fork: A softfork is a change to the bitcoin protocol wherein only previously valid blocks/transactions are made invalid. Since old nodes will recognize the new blocks as valid, a softfork is backward-compatible.

xxx. Stuck Payments: A payment that was not completed on the network due to a variety of reasons including, but not limited to, network outages, low fees, or other circumstances.

xxxi. Transaction ID: An identification # for a blockchain transaction.

xxxii. Transaction Rate: The price which BitPay is buying the cryptocurrency from the user.

xxxiii. USD: United States Dollars.

xxxiv. Wallet: A software program where digital currency is stored. A wallet is controlled by the individual/group that controls the private keys of said wallet.