BitPay vs PayJunction Virtual Terminal
BitPay
bitpay.com
PayJunction Virtual Terminal
payjunction.comSide by side
| Figure | BitPay | PayJunction Virtual Terminal |
|---|---|---|
| Price from | $1.53/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | Yes | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 8 | 3 |
| Spec score · Payment Processing Software | 9.5 (#1) | 7.2 (#48) |
| Founded | 2011 | 2000 |
| Headquarters | Atlanta, Georgia, United States | 1903 State Street, Santa Barbara, CA 93101, United States |
| Integrations | BitPay lists integrations and plugins for Shopify, WooCommerce, Magento, BigCommerce, and other ecommerce platforms. | PayJunction offers a no-code integration for SaaS applications through a Chrome browser extension and also provides a REST API for payment integrations. |
| Security | BitPay's Trust Center lists SOC 3, SOC 1 Type 2, SOC 2 Type 2, NY DFS cybersecurity requirements, and DORA information. | PayJunction states that it is Level 1 PCI compliant and uses TLS 1.2 with 256-bit encryption for processing. |
| Support | BitPay directs users to its Support Center and offers assistance through the BitBot support interface. | PayJunction lists phone support at 800-601-0230, extension 3, and accepts support requests through its help center. |
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
PayJunction Virtual Terminal
- EnterprisePriced on request
- StandardPriced on request
- SurchargePriced on request
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.
PayJunction Virtual Terminal
PayJunction Virtual Terminal has no write-up on Specifiction yet; its figures are above.