BitPay

Founded in 2011, BitPay is one of the longest-running and most established cryptocurrency payment processors. It lets businesses accept Bitcoin, Ethereum, Solana, stablecoins and other major cryptos on their websites, invoices and point-of-sale — without holding or managing crypto themselves. BitPay settles each transaction to the merchant in fiat (local currency) or crypto, removing the merchant's price-volatility exposure.

BitPay is a licensed and regulated crypto payments company, with licenses and registrations in multiple jurisdictions and strict KYC, AML and transaction-monitoring programmes. For merchants this means the compliance burden of accepting crypto is largely handled by BitPay — you don't need in-house compliance expertise.

Best for: ecommerce, retail and service businesses that want a trusted, compliant processor with fiat settlement and ready-made integrations — a “crypto payments, no crypto expertise required” model.

BitPay charges a flat 1% processing fee per transaction, applied to the payment volume the merchant receives. There are no setup fees and no monthly subscription on the standard hosted plan.

• Processing fee — 1% per transaction
• Settlement — daily local-currency bank deposit at no extra charge (crypto also available)
• Chargebacks — crypto payments are final, so there is no chargeback risk like with cards
• No setup or monthly fee on the standard hosted plan

Compared with typical card fees (around 2.9% + $0.30), BitPay is significantly cheaper — for every $100 sale you keep roughly an extra $2 that would otherwise go to the card networks.

Integration options

• Hosted checkout & email invoicing — no-code, get live in a day or two.
• Shopping-cart plugins — WooCommerce, Magento, Shopify, OpenCart, PrestaShop, WHMCS.
• REST + Web Push APIs — for fully custom integrations.
• Point-of-sale — BitPay app for in-store / face-to-face crypto payments.

Settlement

• Automatic fiat bank deposit (daily) in your local currency — no volatility exposure.
• Optional crypto settlement if you'd rather keep the digital assets.

Compliance & security

• Licensed / registered crypto payments company in multiple jurisdictions.
• Performs KYC, AML screening and transaction monitoring on the platform.
• Merchants do not hold customer crypto — eliminates custody and wallet-security risk.

Supported assets

Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Shiba Inu (SHIB), XRP, plus major stablecoins (USDC, USDT, GUSD, PAX, WBTC).