BitPay
Accept cryptocurrency payments for your business with automatic fiat conversion
Founded
2011
Starting Price
2%
Category
Payment Processing
Last updated March 25, 2026
About BitPay
BitPay is a leading cryptocurrency payment processor that enables businesses to accept Bitcoin, Ethereum, and other digital currencies. It provides plugins for major e-commerce platforms, automatic conversion to fiat currency to eliminate volatility risk, and a robust API for custom integrations.
Pros & Cons
Pros
- Eliminates cryptocurrency volatility risk with automatic fiat conversion
- Low transaction fees compared to traditional payment processors
- Wide cryptocurrency support including Bitcoin, Ethereum, and stablecoins
- Easy integration with major e-commerce platforms via plugins
- No blockchain transaction fees passed to merchants
Cons
Key Features
Multi-Crypto Support
Accept Bitcoin, Bitcoin Cash, Ethereum, and stablecoins like USDC and GUSD
Automatic Fiat Settlement
Receive settlements in your local fiat currency via bank transfer, eliminating price volatility risk
E-commerce Plugins
Pre-built integrations for Shopify, WooCommerce, Magento, and other major platforms
RESTful API & SDKs
Custom integration options with RESTful APIs and SDKs in multiple programming languages
Invoice System
Create and send cryptocurrency payment invoices to customers
BitPay Wallet
Self-custody wallet app for buying, holding, and spending crypto with support for 16 coins
Global Coverage
Process payments from customers worldwide with support for major cryptocurrencies
Pricing
Standard
2%/per transaction
- Up to $500K monthly volume
- 25¢ fixed fee per transaction
- All supported cryptocurrencies
- E-commerce plugins
- API access
Best For
E-commerce Stores
Online retailers accepting crypto payments through Shopify, WooCommerce, or custom storefronts
B2B Invoice Payments
Businesses sending and receiving cryptocurrency invoices for services and products
International Payments
Companies accepting payments from global customers without traditional banking friction
Subscription Services
SaaS and subscription businesses adding crypto as a payment option for tech-savvy customers
