Different settlement path
BitPay receives the payment and settles the next business day. Payclave sends each payment's settlement directly to your wallet.
BitPay alternative
A BitPay alternative that settles stablecoins straight to your wallet
BitPay is an established crypto payment processor: customers pay a BitPay address, and BitPay settles to your bank or a crypto wallet once a business day. Payclave is narrower and non-custodial. It accepts stablecoin payments and settles USDC or USDT on Polygon to your settlement wallet as each payment completes.
Different fees
BitPay lists 2% + $0.25 per transaction below $500k monthly volume. Payclave charges a flat 0.7% per completed live payment.
Different scope
BitPay covers Bitcoin, many tokens, fiat settlement, and store plugins. Payclave focuses on stablecoin checkout settling on Polygon.
Switching to Payclave
Add Payclave checkout alongside or instead of BitPay.
- 1
Create test keys
Sign up, open the dashboard in test mode, and create a secret key for your server. Test mode does not move real funds.
- 2
Set a settlement wallet
Choose USDC or USDT on Polygon and add a wallet you control. Live payments settle there directly.
- 3
Create checkout sessions
From your backend, create a checkout session with the trusted amount and your order reference, then send customers to the hosted checkout URL.
- 4
Verify signed webhooks
Verify X-Payclave-Signature on each webhook and fulfill orders on invoice.paid, after Payclave has verified the payment onchain.
Payclave vs BitPay at a glance
Last checked October 30, 2026 against each provider's own pages. Provider terms and fees change, so confirm current details on their sites before deciding.
| Payclave | BitPay | |
|---|---|---|
| Payment path | Connected wallet to your settlement wallet, or a one-time Scan or copy address that routes to it | Customer pays a BitPay address; BitPay settles to you |
| Settlement timing | Each payment, as it completes | Next business day, in a daily batch |
| What you receive | USDC or USDT on Polygon | Fiat to a bank, or crypto to your wallet; crypto settlement minimums apply (for example 200 USDC) |
| Fee | 0.7% per completed live payment, no monthly fee | 2% + $0.25 below $500k monthly volume, lower at higher volume |
| Accepted payments | Stablecoins through supported payment routes | Bitcoin, Lightning, major tokens, and stablecoins on several networks |
| Store plugins | Not yet; integrate with the API and SDKs | Shopify, WooCommerce, Magento 2, BigCommerce, Wix, WHMCS |
| Testing | Free test mode | test.bitpay.com testnet environment |
| Notifications | HMAC SHA-256 signed webhooks | Instant Payment Notifications; check BitPay's docs for current signing support |
Where BitPay is the stronger fit
BitPay makes sense when you want customers to pay in Bitcoin, need fiat deposited to a bank in several currencies, or run a store platform with an existing BitPay plugin. BitPay also holds a New York BitLicense.
Where Payclave fits
Payclave fits merchants that want stablecoin payments to land in their own wallet with each payment rather than in a daily settlement batch, and that prefer a single flat fee. Because Payclave never holds funds, there is no settlement minimum to reach and no account balance to manage, but Payclave also does not convert to fiat.
Sources
BitPay facts on this page come from BitPay's own pricing page, support center, and developer documentation.
Frequently asked questions
BitPay alternative: common questions.
Is BitPay custodial?
Customers pay a BitPay address, and BitPay settles to the merchant the next business day in fiat or crypto. Payclave works differently: it never holds the payment, and settlement goes to your wallet with each payment.
How do BitPay and Payclave fees compare?
BitPay's pricing page lists 2% + $0.25 per transaction under $500k monthly volume, 1.5% + $0.25 up to $1M, and 1% + $0.25 above that. Payclave charges a flat 0.7% per completed live payment with no monthly fee. Network costs are separate for both.
Does Payclave accept Bitcoin?
No. Payclave focuses on stablecoin checkout and settles USDC or USDT on Polygon. If you need Bitcoin acceptance, a processor like BitPay is a better fit.
Can I run Payclave and BitPay together?
Yes. Many merchants offer more than one payment option. Payclave checkout sessions are created from your backend, so you can add a stablecoin option without removing an existing processor.
Explore Payclave
Continue planning your integration.
Pricing
Payclave pricing has no monthly or setup fee. Test mode is free, and a flat 0.7% platform fee applies to each completed live payment.
Learn moreStablecoin checkout
Accept stablecoin payments with Payclave-hosted checkout sessions, direct-to-wallet settlement, independent onchain verification, and signed webhooks.
Learn moreNOWPayments alternative
Compare NOWPayments' crypto gateway, with deposit addresses and an optional custody balance, to Payclave's non-custodial USDC and USDT checkout.
Learn moreHow to accept stablecoin payments
Compare the four ways a business can accept USDC or USDT: a wallet address, a store plugin, a custodial processor, or non-custodial hosted checkout.
Read the guideCheckout vs wallet transfers
Compare hosted stablecoin checkout with manual wallet instructions across customer experience, order matching, verification, settlement, and fulfillment.
Read the guideTest the flow
Create a checkout session before you change your production stack.
Use test keys, the API playground, and signed webhook examples to validate the complete order-to-payment flow.