BitPay
Bronze TierFull KYCBitPay is the oldest and most established crypto payment processor, operating since 2011. Full KYC required. Offers fiat settlement (receive USD to your bank), POS terminal, subscription billing, and plugins for major platforms. 1% flat transaction fee. Best for businesses that prioritize regulatory compliance and institutional trust.
Last verified March 24, 2026
Fees
Transaction Fee1%
Setup FeeFree
Monthly FeeFree
Fiat ConversionIncluded
Features
Subscriptions
Invoicing
POS Terminal
API Access
White Label
Mass Payouts
Fiat Settlement
Non-Custodial
Details
Supported CryptoBTC, ETH, USDT, USDC, LTC, DOGE, XRP, MATIC, SOL
ChainsEthereum, Polygon, Litecoin
PluginsWooCommerce, Shopify, Magento, BigCommerce
Open Source
Self-Hosted
Pros
- Most established crypto gateway — operating since 2011
- Fiat settlement — receive USD directly to your bank
- POS terminal app for in-store payments
- Subscription billing for recurring payments
- 4 major e-commerce plugins
- Mass payouts in crypto or fiat
- Regulatory compliant — trusted by large merchants
Cons
- Full KYC required — extensive verification process
- 1% transaction fee — higher than newer competitors
- Custodial — BitPay holds funds during settlement
- Limited to ~15 cryptocurrencies
- US-centric — may not support all countries
- Not open source
Best For
Established businesses needing a fully compliant, regulated gateway with fiat settlement
Affiliate Program
CommissionVaries
TypePartner program
PayoutUSD
BitPay partner program with variable commission based on referral volume.
How BitPay Compares
| Feature | BitPay | NOWPayments | Plisio |
|---|---|---|---|
| Tier | Bronze | Gold | Gold |
| KYC Level | Full KYC | Minimal KYC | Minimal KYC |
| Transaction Fee | 1% | 0.5% | 0.5% |
| Monthly Fee | Free | Free (Business plan available) | Free |
| Supported Crypto | BTC, ETH, USDT, USDC, LTC +4 | BTC, ETH, USDT, USDC, LTC +5 | BTC, ETH, USDT, USDC, LTC +5 |
| Chains | Ethereum, Polygon, Litecoin | Ethereum, BSC, Tron, Solana +3 | Ethereum, BSC, Tron, Litecoin +1 |
| Subscriptions | |||
| Invoicing | |||
| POS Terminal | |||
| API | |||
| Plugins | WooCommerce, Shopify, Magento, BigCommerce | WooCommerce, Shopify, Magento, PrestaShop, WHMCS, OpenCart, Zen Cart | WooCommerce, Shopify, Magento, PrestaShop, OpenCart, WHMCS |
| White Label | |||
| Mass Payouts | |||
| Fiat Settlement | |||
| Non-Custodial | |||
| Open Source | |||
| Affiliate Program | Varies Partner program | 25% Per transaction, 5-year lifetime | 25% Revenue share |
| Action |