| Coingate | Features | BitPay |
|---|---|---|
| Lithuania | HQ Based | Georgia, Atlanta, USA |
| Settlements | ||
| Supported Merchants | Bitpay keeps a list of supported merchants on their website | |
| Fee structure | 1% of transaction / could be more for high-risk industries | |
| Bank fees | ||
| Bitcoin, Ethereum, Litecoin, Tron, Ripple, Cardano and many other ERC20 tokens | Currencies | |
| Payment Methods | Too many to list, available on the API currency list request | |
| Recurring Payments | ||
| Developer Friendly | ||
| Apple Pay Support | Consumer Cards support Apply Pay | |
| Point of Sale Support | ||
| Unsupported Paid Feature Supported Unknown | ||
Founded in 2014 under the name ‘Virtualios Valiutos’, Coingate spent a year building their product before going live in 2015.
By 2018 Coingate also offers Ethereum and Litecoin payments.
In 2019 the company changed their name one last time before turning into Coingate to ‘Decentralized’.
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.