BitPay vs Worldpay 360 Hospitality

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.

Worldpay 360 Hospitality is a point-of-sale system that combines hospitality business management and payments. It supports product modifiers, table management, course firing, and promotions, while customers can pay or split bills at the table. Real-time reporting covers sales, staff performance, and customer preferences. The system tracks stock and ingredients and supports loyalty programs and gift cards, including their usage and balances. Magic AI Menu can create a product catalogue from a menu photo, while the Import Wizard accepts Excel files with thousands of items. Lite costs £49 a month, Standard £74 a month, and Pro £89 a month; each plan has an 18-month contract and transaction fees apply. Hardware is included in the monthly rental cost. Typical Visa and Mastercard rates start at 0.468% plus 2.5p per debit transaction, 0.914% plus 2.5p per credit transaction, and 2.003% plus 2.5p per commercial card transaction; other card types may have different fees. The system is available on web, Android, and iOS. Worldpay describes it for UK hospitality businesses of all sizes.