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BitPay

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OverviewOfferingsReview

Overview

BitPay is a leading blockchain payment technology company founded in 2011, widely recognized as one of the world's first and largest cryptocurrency payment processors. The company builds enterprise-grade tools that enable businesses and individuals to accept, send, and manage cryptocurrency payments globally. BitPay is licensed and regulated in multiple US jurisdictions, holds a BitLicense from the New York Department of Financial Services, and maintains NMLS ID #1496848.

Core Products/Services

BitPay's flagship B2B offering is its Online Crypto Payment Processing platform, which enables ecommerce merchants to accept Bitcoin, Ethereum, Solana, stablecoins (USDC, USDT, DAI), and 100+ other cryptocurrencies on their websites. The platform integrates with Shopify, WooCommerce, Magento, BigCommerce, and other popular ecommerce platforms, as well as offering REST APIs, SDKs, and hosted checkout pages.

BitPay Send is the company's global crypto payout and remittance solution, enabling businesses to send mass cryptocurrency payments to employees, affiliates, vendors, and customers across 225+ countries without having to hold or manage crypto directly.

The Stablecoin Payments product line allows businesses to accept and send USDC and other major stablecoins for global commerce, offering fast settlement, no volatility exposure, and lower fees compared to traditional wire transfers.

In-Store Crypto POS enables brick-and-mortar retailers to accept cryptocurrency payments using QR-based checkout via any mobile device, tablet, or desktop browser, with optional integration for Verifone point-of-sale terminals.

Crypto Invoicing (Email Billing) lets businesses create and send cryptocurrency invoices via email for B2B transactions, freelance services, and one-off payments with fiat settlement directly to bank accounts.

Key Strengths

BitPay's primary differentiator is its ability to allow merchants to accept cryptocurrency payments without ever holding or managing crypto directly. The platform converts crypto to fiat at the point of sale and settles funds to the merchant's bank account the following business day in 38 countries. This removes volatility risk, eliminates the need for crypto expertise, and eliminates chargebacks.

The company has processed over $7 billion in transactions since founding and more than 13 million transactions, with a clientele including Microsoft, Twitch, Newegg, Dallas Mavericks, Shopify, Ledger, Eight Sleep, airBaltic, and WeWork.

Notable Clients/Projects

BitPay's merchant clients span fashion, tech, jewelry, luxury goods, automotive, gaming, and hospitality industries. Notable partners include:

  • Microsoft
  • Twitch
  • Newegg
  • Dallas Mavericks
  • Shopify merchants (via plugin)
  • Eight Sleep
  • WeWork
  • APMEX
  • Camping World
  • Take-Two Interactive

Why Choose BitPay

BitPay provides a fully-managed crypto payments infrastructure that removes the technical and regulatory burden from businesses. It handles KYC, AML, transaction monitoring, and compliance across multiple jurisdictions. Its API-first platform, broad cryptocurrency support (100+ coins across major blockchains), and fiat settlement capabilities make it the enterprise-grade choice for businesses seeking to tap into the $3.9+ trillion global crypto market without operational complexity.

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Verified Partner

This partner has been verified by Web3Connect on 18 Mar 2026

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Crypto Payment Processing & Merchant Services

About

Company Information

Founded

2011

Team Size

101-150 employees

Website & Social

www.bitpay.comLinkedInX (Twitter)

Offerings

Products & Software

BitPay Crypto Payment Processing & Merchant Services

BitPay is one of the world's leading cryptocurrency payment processors, enabling...

#3 in Crypto Payment Processing & Merchant Services

Location(s)

Headquarters

Atlanta, Georgia, United States

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