BitPay
Cryptocurrency payment gateways
Blockchain software
Cryptocurrency software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if BitPay and its alternatives fit your requirements.
Pay-as-you-go
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Media and communications
- Real estate and property management
- Construction
What is BitPay
BitPay is a cryptocurrency payment gateway that enables merchants to accept crypto payments online and in-store and settle in cryptocurrency or fiat currency, depending on configuration and availability. It provides merchant tools such as hosted checkout, invoicing, and integrations/APIs for ecommerce and point-of-sale workflows. The product is typically used by ecommerce businesses, service providers, and enterprises that want to add crypto as a payment method while managing exchange-rate exposure and settlement operations.
Merchant checkout and invoicing
BitPay supports common merchant payment flows including hosted checkout and invoicing for one-time payments. This helps businesses accept crypto without building a full payment experience from scratch. It also supports both online and in-person acceptance patterns through integrations and partner POS options.
Settlement and payout options
BitPay offers settlement capabilities that can reduce operational overhead for merchants that prefer fiat settlement rather than holding crypto. This can simplify reconciliation and treasury handling compared with solutions that only pass through crypto. Settlement configuration can also help merchants manage exchange-rate volatility at the time of payment.
Developer APIs and integrations
BitPay provides APIs and prebuilt integrations for connecting crypto payments to ecommerce and custom applications. This can shorten implementation time for teams that need programmatic control over invoices, payment status, and callbacks. The integration approach aligns with typical payment gateway patterns used by web and mobile commerce stacks.
Compliance and onboarding overhead
As a regulated payments provider, BitPay typically requires merchant onboarding and ongoing compliance checks. This can add time and documentation compared with self-hosted or minimal-KYC approaches. Some businesses may find the compliance requirements restrictive depending on their customer base and jurisdictions served.
Geographic and currency constraints
Availability of features such as fiat settlement, supported payout rails, and certain services can vary by country and region. Merchants operating globally may need to confirm coverage for each entity and bank account location. These constraints can affect rollout timelines and the ability to standardize processes across markets.
Less focus on custody infrastructure
BitPay is primarily oriented around payment acceptance and settlement rather than institutional-grade custody, wallet governance, or complex treasury controls. Organizations needing advanced policy engines, multi-entity wallet administration, or deep custody integrations may require additional infrastructure. This can increase architectural complexity for enterprises with sophisticated digital-asset operations.
Plan & Pricing
Pricing model: Pay-as-you-go (tiered by monthly cumulative transaction volume) Free tier/trial: No permanent free tier; no time-limited free trial indicated for merchant payment processing
Transaction fees (merchant crypto acceptance):
- < $500,000 USD (monthly): 2% + $0.25 per paid invoice/transaction
- $500,000 - $999,999 USD (monthly): 1.5% + $0.25 per paid invoice/transaction
- ≥ $1,000,000 USD (monthly): 1% + $0.25 per paid invoice/transaction
Notes:
- Rates are automatically adjusted based on cumulative monthly volume.
- Higher fees may apply for high-risk industries.
- Fees are assessed on each paid invoice; network/miner fees (and other blockchain costs) are separate and typically borne by the payer or reflected in network costs.
Seller details
BitPay, Inc.
Atlanta, Georgia, United States
2011
Private
https://bitpay.com
https://x.com/BitPay
https://www.linkedin.com/company/bitpay/
