The BitPay alternative that pays you the moment it's paid
BitPay takes up to 2% + 25¢ and pays out the next business day. 402pay sends every payment straight to your own wallet, with zero percentage fees.
- 0%
- of every crypto payment, against 2% + $0.25 with BitPay
- Your wallet
- not BitPay's account
- Cards + crypto
- in one checkout, into one wallet
BitPay at a glance
BitPay is one of the longest-running crypto processors, built around settling crypto payments to merchants on a schedule. Its standard rate is 2% plus 25¢ a payment for businesses under $500,000 a month.
Payments go to BitPay first. It settles once a business day for the day before, and a bank transfer takes two more business days, so Friday's sales reach your bank the following week. Customers who'd rather pay by card can't.
Why businesses switch from BitPay
The reasons businesses give for leaving BitPay come back to the same few things: who holds the money, what it costs as sales grow, and which customers can pay at all.
Up to 2% + 25¢ a payment
BitPay's standard rate is 2% plus 25¢ until you pass $500,000 a month. On a $1,000 order that's $20.25; 402pay takes no percentage at all.
Your money waits for a payout
BitPay settles once a business day for the day before, and a bank transfer adds two more business days.
Someone else holds it first
Every payment passes through BitPay before it reaches you, so it's out of your hands until it settles.
No cards
BitPay is crypto only. Customers who want to pay by card go elsewhere.
402pay vs BitPay, side by side
- Percentage of every crypto payment
402pay
0%BitPay
2% + $0.25, under $500,000 a month- Payments go straight to your own wallet
402pay
AlwaysBitPay
No- Money is yours the moment it confirms
402pay
InstantlyBitPay
Next business day, or later- Cards, Apple Pay and Google Pay in the same checkout
402pay
3%, in betaBitPay
No- USDT on Tron
402pay
YesBitPay
No- Nothing to host or maintain
402pay
Fully hostedBitPay
Yes- Open beyond the US
402pay
YesBitPay
Limits in some places, like New York- Available today
402pay
YesBitPay
Yes- Networks
402pay
Solana, Polygon, Ethereum, Tron, Bitcoin
BitPay
Bitcoin, Ethereum, Solana, Polygon, Base and others
What you keep with 402pay
Percentage fees grow with every order. Pick your average payment and your volume to see what BitPay would take out at its list price.
BitPay would take out of your payments every month
$450
That's $5,400 a year. 402pay takes out nothing.
- BitPay
- $450.00
- 402pay
- $0.00
The bottom line
BitPay was one of the first names in crypto payments, and its model shows its age: up to 2% plus 25¢ a payment, your money held until the next business day, and two more days for a bank transfer. 402pay skips the wait entirely. Every payment is yours the moment the network confirms it, in a wallet BitPay or anyone else could never touch.
With 402pay
- Who holds the money
- You, in a wallet only you hold the keys to
- When it's yours
- The moment the network confirms it
- What it costs
- 0% of a crypto payment
With BitPay
- Who holds the money
- BitPay receives your payments and settles to you later
- When it's yours
- Daily, for the previous business day; ACH takes 2 more business days
- What it costs
- 2% + $0.25, under $500,000 a month
Here's what you can do in 30 minutes
Time is money, and with 402pay, it's yours from the very first payment.
- 5 mins
- Create your account
- Set up a self-custody wallet, or connect yours
- Pick the coins and networks checkout offers
- 15 mins
- Swap your BitPay links for 402pay payment links
- Turn on cards, Apple Pay and Google Pay, in beta
- Let customers pay the fees, if you want
- 29 mins
- Create payments from your server with one API call
- Get a signed webhook for every payment
- Hand the setup prompt to your AI coding assistant
- No. Every payment goes straight to a wallet only you hold the keys to. 402pay never has your recovery phrase, so we can't freeze, hold or move your funds.
- 0% on crypto payments at an introductory rate and 3% on cards, and nothing is taken out of a payment. The pricing page lists every fee.
- Most businesses are accepting payments the same day: create an account, set up your wallet, and share a payment link or swap in one API call.
- Yes. Nothing ties you to one processor: send new orders through 402pay while anything open finishes on BitPay, then switch over completely when you're ready.
- No. They pay on the hosted checkout by card, Apple Pay, Google Pay or from any crypto wallet, without signing up for anything.
- Yes. Connect it by its public keys and every payment goes there, for $15.00 a month.
More comparisons
BitPay details from BitPay pricing, BitPay settlement. Names and logos belong to their owners and are shown to identify them.