CoinGate
CoinGate is a versatile cryptocurrency payment gateway providing automated processing and settlement solutions for merchants to accept over 70 digital assets while receiving payouts in traditional fiat currencies.
Paystand
Paystand provides a decentralized payment network that helps you automate accounts receivable, eliminate credit card fees, and accelerate your cash flow through a digital-first commercial payment platform.
Quick Comparison
| Feature | CoinGate | Paystand |
|---|---|---|
| Website | coingate.com | paystand.com |
| Pricing Model | Subscription | Custom |
| Starting Price | $??/month | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2014 | 2013 |
| Headquarters | Vilnius, Lithuania | Scotts Valley, USA |
Overview
CoinGate
CoinGate is a comprehensive cryptocurrency payment processor that allows you to accept digital assets as payment for your goods and services. You can integrate the platform into your existing e-commerce store using various plugins, APIs, or simple billing tools to start accepting Bitcoin, Ethereum, and over 70 other cryptocurrencies instantly.
The platform eliminates the volatility risk of crypto by offering real-time settlement into Euros, US Dollars, or other digital assets directly to your bank account or wallet. You can manage your entire transaction history, generate professional invoices, and handle refunds through a centralized dashboard designed for businesses of all sizes, from solo entrepreneurs to large-scale enterprises.
Paystand
Paystand is a digital payment platform designed to modernize your entire accounts receivable process. By moving away from manual paper checks and high-fee credit cards, you can transition to a fully digital, automated workflow. The platform uses a unique blockchain-based network to enable feeless B2B payments, allowing you to collect money faster while reducing the administrative burden on your finance team.
You can integrate the software directly into your existing ERP system to automate everything from invoice delivery to payment reconciliation. It is built for mid-market and enterprise companies that handle high volumes of B2B transactions and want to lower their cost of acceptance. By providing your customers with a seamless, branded payment portal, you improve the payment experience while gaining real-time visibility into your outstanding revenue.
Overview
CoinGate Features
- Multi-Currency Support Accept over 70 different cryptocurrencies from your customers while choosing exactly which assets you want to keep or convert.
- Instant Fiat Settlements Protect your margins by converting crypto payments to EUR, USD, or GBP immediately at the moment of purchase.
- E-commerce Plugins Connect your store quickly with ready-made plugins for popular platforms like Shopify, WooCommerce, Magento, and PrestaShop.
- Email Billing Send professional crypto-ready invoices directly to your clients' inboxes for easy one-click payments without needing a full website.
- Point of Sale (PoS) Turn any web-connected device into a crypto terminal to accept digital payments in your physical retail location.
- Lightning Network Support Process Bitcoin transactions instantly with near-zero fees using the integrated Lightning Network for a faster customer experience.
Paystand Features
- Paystand Bank Network. Send and receive wholesale B2B payments with zero transaction fees using a secure, digital bank-to-bank network.
- Automated Reconciliation. Eliminate manual data entry by automatically matching incoming payments with your open invoices in real-time.
- Smart Lockbox. Convert paper checks into digital assets automatically to speed up your deposits and reduce manual handling errors.
- Branded Payment Portal. Give your customers a professional, self-service interface where they can view and pay multiple invoices at once.
- ERP Integration. Connect your payment data directly with NetSuite, Sage Intacct, or Microsoft Dynamics to keep your books synchronized.
- Recurring Billing. Set up automated payment schedules for subscriptions or installments to ensure consistent and predictable cash flow.
- Virtual Credit Cards. Issue and manage corporate spend with virtual cards that give you total control over company expenses.
- Collection Workflows. Create automated email reminders and follow-up sequences to reduce your Days Sales Outstanding (DSO) significantly.
Pricing Comparison
CoinGate Pricing
- 1% flat transaction fee
- Access to 70+ cryptocurrencies
- Free e-commerce plugins
- Email billing tools
- SEPA and SWIFT payouts
- Lightning Network enabled
- Custom transaction volume rates
- Dedicated account management
- Priority technical support
- Custom API integration help
- Advanced reporting tools
- Tailored settlement solutions
Paystand Pricing
Pros & Cons
CoinGate
Pros
- Extensive range of supported cryptocurrencies for customers
- Simple integration process for major e-commerce platforms
- Reliable fiat settlement options to avoid volatility
- Clean and intuitive dashboard for tracking sales
- Responsive customer support for technical integration issues
Cons
- Strict KYC verification process for new merchants
- Minimum payout thresholds may affect small sellers
- Occasional delays in manual withdrawal processing
Paystand
Pros
- Significantly reduces credit card processing fees
- Seamless integration with major ERP systems
- Automates repetitive manual reconciliation tasks
- Speeds up the time to collect payments
- Provides a modern payment experience for customers
Cons
- Initial technical setup requires significant time
- Customer support response times can be slow
- Learning curve for navigating the administrative dashboard
- Occasional sync errors with specific ERP versions