Cryptopay
Cryptopay Payment Gateway Overview for Merchants
Cryptopay is a crypto payment gateway and business wallet that enables merchants to accept cryptocurrency payments from customers and settle funds in either crypto or fiat. Its business offering, Cryptopay Business, is built around online checkout, payment links, recurring channels and mass payouts, all connected to a central account used for reporting and bank withdrawals.
What Is Cryptopay For Business?
Cryptopay Business is described as a crypto payment gateway that lets companies “accept and send crypto payments as a business” while keeping the merchant side fully in fiat if required.
Key characteristics include:
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Focus on accepting crypto from customers globally
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Ability to settle to a crypto balance or directly to fiat
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Account management tools for bank withdrawals and fiat transfers
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Additional services such as mass crypto payouts and business cards that use the same account infrastructure
The service is operated by entities including CPS Solutions OÜ, which holds an Estonian virtual currency services licence.
Payment Methods, Currencies And Settlement
Supported Crypto And Fiat
Cryptopay provides more than 15 crypto payment options for merchants, including major assets such as bitcoin and other top cryptocurrencies.
In the API documentation, Cryptopay lists a broad set of supported fiat currencies, including EUR, USD, GBP, CAD, AUD, NZD, HKD, JPY, KRW, CNY, BRL, MXN, TRY and others.
The combination of a multi-crypto checkout with a wide range of settlement currencies positions the gateway for cross-border use where customers prefer to pay in crypto while merchants manage revenue in familiar fiat currencies.
Settlement Behaviour
When customers pay using crypto, merchants can choose to receive settlement in crypto or fiat. Marketing materials repeatedly state that funds are available “right away” when using the online checkout and payment link flows, and that next-day bank settlement is available when using automatic bank withdrawals to a connected bank account.
Automatic withdrawals can be scheduled from any wallet within the business account to a bank account on daily, weekly or monthly schedules, which allows merchants to avoid manual sweeping and keep fiat balances optimised.
Checkout Options And Payment Flows With Cryptopay
Payment Links
Payment links are a no-code way to use the Cryptopay gateway. Merchants create a hosted payment page in a few clicks, receive a link, and can share or embed it across email, messengers, social media or other channels. The customer selects a cryptocurrency and completes payment on that page, while the merchant chooses settlement in crypto or fiat.
This option is suitable for merchants that do not have a full ecommerce site or need an ad-hoc way to request payment without building a custom checkout.
Online Checkout
Online checkout is a ready-made hosted payment page that can be integrated into a website. Merchants add Cryptopay as a payment method; customers then see crypto among their options, pay in one of the supported coins, and the merchant can still settle in fiat if preferred. The same “funds are available right away” behaviour applies.
Online checkout is clearly aimed at ecommerce, SaaS and other online services that want a hosted crypto checkout rather than building all flows from scratch.
Static Channels For Returning Customers
Channels are described as static cryptocurrency addresses that can be assigned to individual customers. Customers send crypto to their dedicated address, and the gateway automatically exchanges incoming funds into euro or another chosen fiat currency.
This model simplifies recurring or repeat payments because returning customers do not need to go through a full checkout; they can reuse the same address, while the merchant still benefits from automatic conversion and consolidated reporting.
Web Checkout For Link-Based And Offline Use
A help article describes Web checkout as a feature that generates a payment link where the payer can specify an amount in fiat, choose a cryptocurrency and complete the payment. The same mechanism can be used to accept offline payments, for example by showing a link or QR code at the point of interaction.
Integration And Developer Tooling
Cryptopay API And UI Control
The Crypto Payments API offering emphasises the ability to build a custom payment page with full control over the user interface, using either pre-built components or a ready-made page that can be customised. The integration path is described as: create your own checkout flow, integrate and test, then accept and track payments with settlement in crypto or fiat.
This positions the gateway as suitable both for simple, hosted checkouts and for deeper platform integrations where merchants want a branded crypto payment experience.
Client Libraries And SDKs
The API documentation and related repositories list official client libraries for PHP, Ruby, Java and JavaScript, which provide typed wrappers around the gateway API.
For merchants, this reduces the need to build low-level HTTP integrations and makes it easier for in-house development teams to connect existing platforms to Cryptopay.
E-commerce Plugins And Software Providers
Prebuilt ecommerce plugins are available for common platforms, including OpenCart, WooCommerce, Adobe Commerce (Magento), VirtueMart and PrestaShop. These plugins allow merchants to add a crypto payment option to their store without writing custom code.
Account Management, Reporting And Payouts
The business account is positioned as a central hub for managing crypto payments, bank transfers and reporting. It supports:
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Zero-fee crypto deposits to the account
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SEPA and Faster Payments for topping up and withdrawing in fiat
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Automatic bank withdrawals on configurable schedules
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Holding and receiving payments in widely used cryptocurrencies
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Detailed reporting on payment history and the option to export it via email
Customer retention features are available in the form of automated email billing and customisable payment reminders, aimed at subscription or repeat-billing use cases.
Mass payouts allow businesses to upload a CSV file with addresses and payout details and execute large batches of crypto withdrawals. Payouts can be performed in any supported cryptocurrency, and their status can be tracked in an activity history with exportable reports. An API is also available for automating payroll or affiliate payouts.
Conclusion
Cryptopay is a crypto payment gateway for merchants that want to accept digital assets while maintaining operational control in fiat. It combines multiple acceptance methods – payment links, online checkout, static channels and API-driven custom checkouts – with a central business account that handles reporting, automatic bank withdrawals and mass payouts.
For merchants with existing ecommerce platforms, ready-made plugins and integrations with payment orchestration providers can reduce integration effort. For more complex setups, the API and client libraries support tailored checkout flows and deeper back-office automation.
Frequently Asked Questions (FAQs)
What is Cryptopay and how does its payment gateway work?
Cryptopay is a crypto payment gateway that lets merchants accept cryptocurrency from customers and settle funds in crypto or fiat. Customers pay from their own wallets, while merchants receive confirmed payments into a Cryptopay business account with reporting and payout tools.
Which payment types does Cryptopay support?
The Cryptopay gateway focuses on cryptocurrency as the customer payment method. Customers pay with supported coins from their wallets. Card and bank transfer rails are available for funding and withdrawing the business account, not as customer-facing gateway payment methods.
Which cryptocurrencies and fiat currencies does Cryptopay support?
Cryptopay supports a wide range of cryptocurrencies such as BTC, LTC, ETH, XRP, XLM, BCH, ADA, SOL, USDT, USDC and others. For settlement it supports multiple fiat currencies, including EUR, USD, GBP, CAD, AUD, BRL, MXN, JPY, CNY and several more local currencies.
In which countries can merchants use Cryptopay?
Cryptopay lists supported countries across Europe, Asia, North America, South America, Africa, Oceania and the Middle East. The list includes, for example, the United Kingdom, EU states, Canada, Brazil, India, Japan, South Africa and others. Merchants must check eligibility for their country.
How fast does Cryptopay settle funds to merchants?
Once a crypto payment is completed, funds are available right away in the merchant’s Cryptopay business account. Merchants can keep balances in crypto or fiat, or use scheduled bank withdrawals via supported rails such as SEPA or Faster Payments, subject to normal banking times.
What fees does Cryptopay charge for its gateway?
Cryptopay applies a 1% fee when exchanging between crypto and fiat, plus blockchain network fees for on-chain transactions. Public materials indicate that processing fees for business payments and payouts are agreed with Cryptopay and are not published as a standard price list.
How can merchants integrate Cryptopay with their website or platform?
Cryptopay offers several integration options: hosted payment links, online checkout pages, web checkout that can be used like POS, and a Crypto Payments API for custom flows. It also provides plugins for platforms such as WooCommerce, OpenCart, Adobe Commerce, VirtueMart and PrestaShop.
What developer tools does Cryptopay provide?
Developers can use a public API with detailed documentation, client libraries for PHP, Ruby, Java and JavaScript, and webhook support for payment status updates. These tools allow merchants and platforms to automate payment flows, reconciliations and payout operations with Cryptopay.
What compliance and risk controls does Cryptopay have?
Cryptopay operates under regulated entities and applies AML and KYC procedures for business onboarding. It uses customer and transaction data to prevent fraud, financial crime and unauthorised use of accounts, and requires business verification before merchants can access full services.