Snapshot
Continue to About ↓- What it does
- BitPay is a crypto payments platform with a merchant side for accepting crypto checkout and a consumer side built around a self-custody wallet app.
More detail
- Businesses accept crypto and settle in local currency, crypto, or a mix
- individuals buy, swap, store and spend crypto, buy gift cards, and — for US residents — pay bills.
- Best for
- Ecommerce and retail merchants who want to accept crypto without holding it themselves and receive daily fiat settlement to a bank account.
More detail
- Also fits US-resident consumers who want a free self-custody wallet and to pay bills with crypto.
- Pricing
- Merchant crypto acceptance is charged per transaction, tiered on cumulative monthly volume: 2% + 25¢ below $500,000/month, 1.5% + 25¢ from $500,000–$999,999, and 1% + 25¢ at $1,000,000 and above.
More detail
- Higher fees apply for high-risk industries.
- For consumer buy and swap, BitPay says it compares offers ac
- Main limitation
- Merchants in high-risk industries, which face higher fees, and consumers outside supported jurisdictions — bill pay is US-only and geographic restrictions apply.
More detail
- Not suited to anyone seeking staking, lending or interest-bearing accounts, which are not described in the official sources.
- Record
- Living and monitored
- Reviewed
- Evidence
- Public web research
- Machine access
- Structured profile ↗
About
- BitPay is a crypto payments platform with a merchant side for accepting crypto checkout and a consumer side built around a self-custody wallet app.
- Businesses accept crypto and settle in local currency, crypto, or a mix
- individuals buy, swap, store and spend crypto, buy gift cards, and — for US residents — pay bills.
What it helps with
- Merchants must otherwise build wallet and address infrastructure to accept crypto; BitPay handles acceptance so merchant
- Crypto price volatility on incoming payments is addressed by locking an exchange rate at invoice generation and converti
- Card chargeback fraud is addressed on the merchant side; the pricing page lists eliminating fraud chargebacks as a benef
- Slow cross-border settlement is addressed with next-business-day fiat settlement to a local bank account.
- Consumers wanting to spend crypto on everyday costs would otherwise need to off-ramp manually; BitPay supports gift card
- Large crypto holdings carry single-key risk; BitPay Wallet offers multisignature wallets requiring two or more private k
Capabilities
A practical view of what is available and where limitations apply.
| Offering | Available | Detail |
|---|---|---|
| Crypto checkout for merchants | Yes | Accept crypto on the website or in store via online, stablecoin, in-store and donation payment tools. |
| Fiat settlement | Yes | Settle in local currency, crypto, or a mix; daily fiat settlements direct to a bank account. |
| Fiat settlement country coverage | Limited | Bank deposits offered in 38 countries per the online payments page; outside those countries, local-currency settlement is not stated as available. |
| Multisignature self-custody wallet | Yes | Free 100% self-custody multisig wallets requiring two or more private keys, per BitPay's blog. |
| Platform plugins and SDKs | Yes | Shopify, WooCommerce, Magento and BigCommerce plugins; REST APIs and Java, Node, PHP, C# and Python libraries. |
| Crypto payouts and payroll | Yes | BitPay Send is listed for payroll, bulk payments and one-time payouts; payout pricing is not disclosed in the evidence reviewed. |
| Consumer bill pay | Limited | Available to US residents only; geographic restrictions apply to bill-pay features. |
| Browser extension | Limited | Only available on the Chrome web browser. |
| Staking, lending or interest accounts | No | Not described in any official source reviewed; do not assume these exist. |
| Published consumer buy/swap spread | Unknown | BitPay says it compares provider offers with transparent pricing, but the spread or markup is not published on the pages reviewed. |
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Evidence
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- Verification
- Scribble researched these facts from the linked public sources.
- The owner has not manually confirmed every field.
- Last reviewed
- Primary source
- bitpay.com
Technical profile details
Record ID
0b5d4d98-26c0-4e4f-b455-2ddf465d3be7Canonical URLhttps://profiles.scribble.network/listing/bitpay-0b5d4d98