How to Pay with Diem

The Diem Coin is a cheap and easy way to make purchases online. In this step-by-step guide, we’ll learn how to pay for goods and services using Diem in just a few simple steps.

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First Team 4 mins
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How to Pay with Diem

Diem is a cheap and easy way to send money to friends and family around the world. It’s also a quick and secure way to pay for goods and services online. Whether you’re looking to buy a cute pair of sandals or treat yourself to a new gadget, if you’re looking to make a purchase online in Diem then paying with the new digital currency is as easy as any other payment method.

In this article, we’ll learn how to pay for goods and services online using the Diem Coin in just a few simple steps. If you’re looking to pay in Diem using a QR code, then read this article for a detailed step-by-step walkthrough.

Step 1: Select Diem at the Checkout Page

Once your online cart is filled and you’re ready to pay for your purchase, head to the store’s checkout page. At the checkout page, you’ll be shown a number of payment options to choose from. For example, you may be given the choice to pay for your order with a credit card, bank transfer, or PayPal. Select the Pay with Diem payment option.

If the merchant you’d like to make a purchase from accepts payments in Diem –– which isn’t always a given, so make sure to verify this first –– then you should also be able to see Diem appear on the checkout page as a payment method. 

Diem payment checkout

Step 2: Review the Diem Currency Exchange

After selecting Diem as your preferred payment method, your order’s total will be converted to Diem Dollars for your review. Remember, the Diem Coin is backed by the U.S. Dollar 1:1. 

That means that if the final total amount is 50 USD, your total checkout will be converted to 50 Diem Dollars. If the amount is in another currency, the Diem exchange rate will apply and your total will still be converted to Diem Dollars. 

Step 3: Select Your Digital Wallet

To send and receive digital money you’ll need a digital wallet. A digital wallet allows you to safely store and manage your cryptocurrencies. For Diem, there are several digital wallet apps available, including one developed by Facebook called Novi. Select the digital wallet you’d like to use to pay for your purchase.

Step 4: Select Submit Payment Button

Once you’ve selected your payment method and preferred digital wallet, and reviewed your final payment amount, go ahead and tap or click the Submit Payment Button. This might look different or have different wording on every site, so don’t get confused by the wording. After hitting pay, you’ll be redirected to your digital wallet’s internal payment processing page.

Step 5: Log In to Your Digital Wallet 

After you’ve been redirected to your digital wallet page, Log In to your digital wallet account by entering your user details. This page looks a little different for every digital wallet, but you should be prompted to provide your username, email or password. If you have two-factor authentication turned on, take a minute to input the one-time code from your preferred 2FA application.

Step 6: Review and Approve the Payment

Once you’re logged in, you’ll get a chance to review a summary of the payment details once more. This should include the final payment amount in Diem Dollars and a reference ID of the transaction. If everything looks correct, go ahead and select Approve Payment.

payment waiting approval

Payment 7: Payment Approved

And voilà –– you’ve made your purchase in Diem! Once your payment was approved, you will receive a confirmation message in your digital wallet app and see a button that redirects you Back to Merchant. Click or tap it and you’ll be redirected to a confirmation page where you’ll have the option to review your payment transaction details once more.

Once your payment is approved, you’ll likely receive an email with a receipt of the transaction from the seller. You can also review the purchase directly in your digital wallet app. 

payment approval


Why Wasn’t My Payment Approved?

If your payment was declined, it’s up to your digital wallet to tell you the reason why. There are a number of reasons your payment method could have been declined ranging from technical to legal. 


Paying for goods and services online in Diem is painless since it’s free, quick and easy. To learn more about Diem and how it works, check out First’s extensive Knowledge Base for more lessons on how to use Diem –– for techies and non-techies alike.

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