BitPay Alternatives: Top 5 Payment Gateways

Cryptocurrency payment gateways like BitPay allow online merchants to seamlessly accept payments in digital currencies. As crypto continues growing in mainstream adoption, more BitPay alternatives are emerging to serve this rapidly expanding market. We evaluate the top 5 competitors, comparing key factors like transaction fees, user experience, mobile and technical support, safety protocols, and supported coins.

How we evaluate alternatives?

When examining BitPay's rival payment processors, we assess:

1. Transfer Fees - The costs charged per transaction. Lower percentages are better for merchants.
2. User Interface - Is the dashboard intuitive to navigate?
3. Mobile App - Availability and quality of iOS and Android apps.
4. Tech Support - Responsiveness and scope of email, chat, phone assistance.
5. Safety - Security protocols and track record safeguarding funds.
6. Supported Coins - Number of cryptocurrencies accepted. More is better for flexibility.
    

Top Alternatives & Competitors

PassimPay

PassimPay focuses maximum convenience, speed, privacy, and flexibility for merchants entering crypto payments.

• Fees: from 0,5% per deposit based on monthly volume. No hidden or recurring costs.
• Interface: User-friendly dashboard centralizes invoicing, sales reports, accounting, reconciliations.
• Mobile: Mobile app enable access and alerts on the go.
• Support: Fast email and in-app chat support resolves issues.
• Safety: Majority holdings in offline cold wallets. Leading DDoS and malware attack prevention.
• Coins: Currently BTC, ETH, MATIC, USDC, USDT and 45+ other. Integrating even more coins soon.

Pros: Frictionless onboarding without delays. Ongoing coin additions improve flexibility. Fast support via preferred channels. Privacy focus enhances liberties. Price volume tiers incentivize adoption.

Cons: As a young startup, less established brand trust and trading volume compared to market leaders.

Coinbase Commerce

As a household name in crypto services, Coinbase Commerce features deep trading volume and a trusted brand.

• Fees: Ranges from 0% - 0.5% per transaction depending on volume, plus network costs
• Interface: Sleek dashboard design echoes the popular Coinbase exchange. Streamlined invoice creation.
• Mobile: Full account functionality baked into iOS and Android apps.  
• Support: Email available to all tiers. Higher subscriptions unlock chat and phone options.  
• Safety: Fully-insured custodial wallets safeguard holdings. Leading security protocols.
• Coins: 60+ supported cryptos and stablecoins, including BTC, ETH, LTC, XLM.

Pros: Brand recognition generates customer trust. Feature-rich mobile apps empower remote monitoring. Integrations further widen acceptance. Class-leading liquidity and safety measures secure funds in regulated, insured accounts. Broad coin flexibility attracts diverse shoppers.  

Cons: Slightly higher base transaction fees than some rivals at 0-0.5%, which can add up over higher volumes. Brand association with volatile assets may deter select businesses.

NOWPayments

Emphasizing flexibility for merchants, NOWPayments delivers with nearly 200 cryptocurrencies integrated.

• Fees: Starts at a base rate of 0.5% per transaction. Volume discounts available. No monthly fees.
• Interface: Customizable dashboard to generate invoices, review reports and monitor transactions.
• Mobile: iOS and Android provide account access on the go.  
• Support: Responsive support team accessible through email and Telegram channels.
• Safety: Merchant wallets protected via multi-signature authorization. DDoS prevention maintains uptime.  
• Coins: Over 180 coins and tokens supported, even obscure assets. Urges merchants to accept a variety though features a handful of staples like BTC, ETH, USDT.

Pros: Massive coin selection for maximum flexibility, including small cap tokens. Transaction volume tiers provide discounted pricing incentives. Responsive human support via preferred contact channels.  

Cons: Typically fewer features offered compared to leading brands. Unable to match deep liquidity of giants like Coinbase Commerce during peak volatility when transaction capacity strains.

CoinGate

Active since 2014, CoinGate prioritizes flexible integration support for merchants. It uniquely supports invoicing of set fiat values, insulating merchants from crypto volatility.

• Fees: Starts at 0.5% charged per transaction, plus applicable network costs.
• Interface: Web-based dashboard enables invoice generation, sales reporting, accounting, and reconciliation tasks.  
• Mobile: iOS and Android apps allow monitoring balances while on the go.
• Support: Staff prioritizes inquiries through preferred email and live chat channels for faster response.
• Safety: Leverages required multi-signature authorization on wallets. Lets merchants customize account-level security policies.
• Coins: Over 65 different cryptocurrencies enabled, including popular assets like BTC, ETH, XRP, stablecoins.

Pros: Fiat invoicing capability allows setting sales prices in USD and euros vs a fluctuating coin. Added security controls grant expanded permission customization absent elsewhere. Designed first and foremost to serve business needs with priority support options.

Cons: Slightly higher transaction fees than select processors, usually between 0.5-1%. Less brand recognition in the crypto economy compared to mass-market player Coinbase Commerce.

Cryptomus

Cryptomus payment gateway touts military grade security paired with a clean processing interface.  

• Fees: Ranges from 0% - 1.49% per transaction based on monthly volume, incentivizing greater adoption.
• Interface: Sleek merchant dashboard dramatically simplifies tracking sales, settlements, accounting needs, and reconciliations.  
• Mobile: Fully-featured iOS and Android apps enable remote oversight.
• Support: Fast response times via email and Telegram channels.  
• Safety: Deploys bank-grade security protocols like role-based access control, address whitelisting, and cold storage policies.
• Coins: Natively supports BTC, ETH, USDT and dozens of additional coins.  

Pros: Institutional-caliber security features generate trust. Usage tiered pricing incentivizes adoption via discounts. Responsive customer support through preferred mediums.  

Cons: As a smaller operation, less brand recognition compared to market leaders in the space. 

BitPay

Founded in 2011, BitPay pioneered blockchain payments and remains an industry leader. It offers a clean user interface and competitive pricing.

• Fees: 1% charged per transaction. No hidden monthly subscription fees.
• Interface: Simple dashboard to generate invoices, view reports and manage settlements.
• Mobile: iOS and Android apps enable monitoring accounts and notifications on the go.
• Support: Email and knowledge base resources provide self-serve help. Phone assists require upgraded plans.  
• Safety: Utilizes multi-signature technology meeting enterprise security standards like ISO 27001.  
• Coins: Accepts BTC, BCH, ETH, XRP, stablecoins like USDC. Supports over a dozen top cryptos.

Pros: Established history and trusted brand reputation. Low 1% flat transaction fee. Robust security protocols protect merchant funds. Clean interface minimizes the learning curve. Integration support assists implementation.

Cons: Lacks niche altcoins for maximum flexibility. Direct phone support reserved only for premium subscription plans, an added cost barrier for smaller merchants.

 

While BitPay established an early foothold, competitors matched its capabilities while lowering fees and integrating more cryptocurrencies. For customers prioritizing state-of-the-art security controls, Cryptomus deploys bank-grade protocols like role-based access and whitelists. Coinbase Commerce promotes the most universally recognized brand with access to deep crypto liquidity. NOWPayments dominates flexibility needs with nearly 200 coins and niche tokens supported. Ultimately merchants can thrive with any option based on preferences around coins, discounted pricing models, features, and ease of integration.

What are the advantages of crypto payment services using PassimPay as an example?

As innovative business crypto payments gateway PassimPay presents online merchants a faster, more private crypto solution. By aligning developer experience with merchant priorities, PassimPay unlocks crypto’s speed, privacy and cost benefits for sales. The extensions model fast-tracks integrations to rapidly expand acceptance. Intuitive dashboard simplifies required accounting tasks. Ongoing coin additions provide missing flexibility - all with competitive rates and responsive support.

Instant connection and no moderation

Complete frictionless onboarding in minutes with no lengthy review delays. No need to jump through hoops opening an account. Responsive support answers questions.

Wide Asset Support

Currently supports major coins like BTC, ETH, MATIC along with stablecoins. The latter provides less volatility risk. PassimPay continually integrates more currencies for flexibility.

Safety

The vast majority of holdings secured in fully offline cold wallets. Leading DDoS and malware attack prevention maintains uptime promises during outages at other processors.

Anonymity

Collects zero IP or personal account info outside email and password. No tracking or targeting. Enhanced privacy measures promote civil liberties lacking on web 2.0 platforms.

Wallet Functionality

Built-in non-custodial wallet avoids risks of storing funds long-term on exchanges vulnerable to attacks. Merchants maintain full ownership of earnings.

Convenient Functions

User-friendly dashboard centralizes sales reporting, accounting, invoicing, settlements, and reconciliation tasks to simplify oversight. Templated integrations fast-track adoption.

 

Ultimately PassimPay merges speed and privacy advantages of blockchain technology with the convenience merchants expect from payments giants - all while eliminating chargeback fraud exposure and high processing fees.