Getting Started: Accept XMR Payments
Welcome to MoneroFlow! This guide will help you understand how to accept Monero (XMR) payments in your business.
Why Accept Monero?
- Private & Secure: Unlike Bitcoin, Monero transactions are completely private and untraceable.
- Low Fees: Transaction fees are typically fractions of a cent.
- No Chargebacks: Once a payment is received, it's final — no chargebacks or fraud.
- Fast Settlement: Most transactions confirm within minutes.
How It Works
The Basics: Your customers send XMR from their wallet to your XMR address. MoneroFlow helps you display your address, track payments, and manage your transactions.
In-Store Payment Flow
Generate Payment
Enter the sale amount in your local currency (AUD, USD, etc.). MoneroFlow automatically converts to XMR and generates a QR code.
Display QR Code
Show the QR code to your customer on your PoS terminal. They can scan it with any XMR wallet (Cake Wallet, Monero Wallet, etc.).
Customer Pays
The customer scans the QR code and sends the exact XMR amount from their wallet.
Confirm Payment
Monitor the payment status in MoneroFlow. Once confirmed (usually 2-10 confirmations), the sale is complete!
Setting Up Your Wallet
Before you can accept payments, you'll need an XMR wallet address. MoneroFlow provides:
- Browser Wallet: Quick setup, runs entirely in your browser (keys never leave your device)
- Self-Custody (Optional): Connect to your own monero-wallet-rpc for maximum control
Important! Always backup your wallet seed phrase. Store it securely offline. Without it, you cannot recover your XMR.
What Your Customers Need to Know
Quick Customer FAQ:
"What is Monero?" — Monero is a privacy-focused cryptocurrency that lets you send secure, private payments.
"How do I get XMR?" — You can buy XMR on exchanges like Binance, Kraken, LocalMonero, or other platforms.
See our customer guide ↗
"Is it safe?" — Yes. Monero uses advanced cryptography to secure transactions. Your payment is irreversible once confirmed, so merchants love it — no chargebacks!
Tips for Successful Sales
- Always wait for the payment to confirm before completing the sale
- Display the QR code clearly on a bright screen
- Have a simple explanation ready: "It's like Bitcoin but private"
- Consider creating printed materials explaining how to buy XMR for new customers