BoomFi vs Bitpay: Choose the Better Alternative

Why businesses choose BoomFi

Integrations

Grow your business with integrations, including Chargebee, Stripe, WooCommerce, Xero, and QuickBooks

Low Fees

Process first $10K free, then just 1% + 25c per transaction. Save more compared to BitPay and other web3 alternatives

Stay compliant

Ensure compliance with local regulations through our real-time AML transaction monitoring

Solana support

Accept payments on Solana with lightning-fast 3000 transactions per second speed

BoomFi

Bitpay

Products

Crypto Checkout - API/SDK

✅

Crypto Subscription Payments

✅

Crypto Payment Link

✅

❌

Crypto Invoicing

✅

Crypto Pre-Payments

✅

❌

Crypto Pay Out

✅

Card payment method

✅

❌

Fiat settlement

✅

Features

Networks accepted

Ethereum Mainnet, Polygon, Arbitrum, Tron, Solana, BNB & more coming soon

Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Litecoin and Polygon

Non-custodial

✅

Compliant/Licensed

VASP License and Custodial License

✅

Support

24/7 support via Chatbox, Telegram group, and on-call support

Email and Support centre

Team Management

✅

Merchant Portal

✅

Transactional emails

✅

Trial and Discount Options

✅

❌

Split Settlements

✅

❌

AML/Fraud detection

✅

Custom Branding

✅

❌

Integrations

Stripe Billing

✅

❌

Chargebee

✅

❌

Xero

✅

❌

Quickbooks

✅

❌

Shopify

✅

WooCommerce

✅

Zapier

✅

❌

Jumpseller

❌

Primer

❌

Pricing Plan

Crypto Processing

1% + 25¢ per transaction

1-2% based on a business's monthly volume + 25¢ per transaction Higher fees applicable for high-risk industries

Fiat <> Crypto Exchange

FAQs

Do you support varying subscriptions?

BoomFi functions as a non-custodial payment gateway, ensuring direct transfers between customer and business wallets without holding any funds.

Can businesses integrate with API?

Indeed, businesses can integrate with APIs to accept cryptocurrency payments for all of their business needs. You can find detailed technical documentation on how to do this here.

Does BoomFi offer Crypto Payouts?

Yes, BoomFi supports (bulk) cryptocurrency payouts across major blockchains and currencies. Options include manual entry or CSV uploads with no limit on batch size, along with real-time payment processing for both the initial and final stages of settlement.

Does BoomFi's checkout process accept card payments alongside cryptocurrency?

Absolutely, BoomFi's checkout supports card payment methods, providing your customers with the flexibility to choose between crypto and card payments from a single checkout interface.

Can BoomFi convert crypto to fiat currency?

Absolutely, BoomFi provides cryptocurrency off-ramping services, ensuring compliance through its license as a European VASP. Our services are designed for businesses, offering bank on/off-ramping with Virtual IBANs, and supporting multiple currencies including USD, EURO, and GBP with real foreign exchange rates and no hidden fees.

Is BoomFi a custodial or non-custodial platform?

BoomFi functions as a non-custodial payment gateway, ensuring direct transfers between customer and business wallets without holding any funds.

BoomFi vs Bitpay: Choose the Better Alternative

Why businesses choose BoomFi

Discover how BoomFi compares one-on-one against the competition