BitPay vs InstaPayments
BitPay
bitpay.comInstaPayments
instapayments.ioSide by side
| Figure | BitPay | InstaPayments |
|---|---|---|
| Price from | $1.53/mo | $25/mo |
| Free plan | Yes | — |
| Free trial | — | Yes |
| Open source | Yes | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 8 | 4 |
| Spec score · Payment Processing Software | 9.5 (#1) | 8.9 (#9) |
| Headquarters | Atlanta, Georgia, United States | Austin, Texas, United States |
| Licence | The BitPay wallet is open source and maintained by BitPay; public BitPay repositories include MIT-licensed wallet and client components. | The terms reserve all site intellectual-property rights and prohibit reproducing or selling site content, indicating proprietary software. |
| Rating on GetApp | 4.4 out of 5 from 17 reviews. | 5.0 out of 5 from 1 review. |
| Support | BitPay directs users to its Support Center and offers assistance through the BitBot support interface. | The official site offers live chat, email and phone contact, while the Premium plan includes priority support. |
| What it does | BitPay provides crypto payment acceptance, payouts, invoicing, settlement and self-custody wallet tools for businesses and individuals. | InstaPayments provides no-code Stripe payment pages and a customer billing portal. |
Plans
BitPay
- Under $500,000 monthly transaction volumePriced on request
- $500,000–$999,999 monthly transaction volumePriced on request
- At least $1,000,000 monthly transaction volumePriced on request
- BitPay WalletFree
- Crypto acceptance — $500,000–$999,999 monthly volume$1.53 a month
- Crypto acceptance — $1,000,000+ monthly volume$125 a month
- Crypto acceptance — under $500,000 monthly volume$225 a month
- BitPay merchant processingPriced on request
InstaPayments
- Essential$29 a month
- Growth$75 a month
- Premium$499 a month
- Braintree$25 a month
In their own words
BitPay
BitPay provides businesses with tools to accept cryptocurrency payments and send cryptocurrency payouts. Merchants can take payments online, in stores, and through email billing, with tools for ecommerce, donations, and retail. It lists integrations and plugins for Shopify, WooCommerce, Magento, BigCommerce, and other ecommerce platforms. Developers can integrate through BitPay REST APIs and SDKs, or official libraries for Java, Node, PHP, C#, and Python. Customer cryptocurrency payments are converted to local currency, and bank settlement is initiated the next business day; businesses can settle in fiat, cryptocurrency, or a mix of both. Merchant processing fees depend on cumulative monthly transaction volume: 2% + 25¢* below $500,000 USD, 1.5% + 25¢* from $500,000 to $999,999 USD, and 1% + 25¢* at $1,000,000 USD or more. BitPay also offers a free wallet app for mobile and desktop. Its self-custody wallet supports buying, selling, swapping, and storing cryptocurrency, buying gift cards, and paying bills. BitPay was founded in 2011 and is headquartered in Atlanta, Georgia, United States. Bill Pay is available only to US residents.
InstaPayments
InstaPayments has no write-up on Specifiction yet; its figures are above.