Bolt compared to BitPay

Bolt
Versus
BitPay

Features

PSP Features of Bolt compared to BitPay
BoltFeaturesBitPay
San Fransisco, California, USAHQ BasedGeorgia, Atlanta, USA
Settlements
Bolt keeps a list of supported merchants on their websiteSupported MerchantsBitpay keeps a list of supported merchants on their website
1.8% of transactionFee structure1% of transaction / could be more for high-risk industries
Bank fees
Currencies
Payment MethodsToo many to list, available on the API currency list request
Yes, via Recurly or other recurring payment servicesRecurring Payments
Developer Friendly
Apple Pay SupportConsumer Cards support Apply Pay
Point of Sale Support
Unsupported Paid Feature Supported Unknown

Descriptions


Bolt


Founded in the USA in 2014, Bolt was created to set a new standard for eCommerce.

The team at Bolt spent over 2 years before launching their first version of their Checkout product.

Bolt got serious VC traction starting around 2016, where they raised over $215M in VC Funding and growing their team significantly.

Bolt now has a ‘CheckoutOS’ which consists of products that include checkout, payment and fraud detection.

Customers of Bolt include Akira, Forever 21 and Solo Stove.


BitPay


American based Bitpay was founded in 2011.

Bitpay’s founders were early to the bitcoin movement and decided to go all in on this opportunity by building a bridge between the digital and traditional way of transacting globally.

Bitpay maintains a directory of places you can use cryptocurrencies to exchange for goods (vouchers, gift cards, or products), and plans to build more open tools in the future to be of use to the public.