BitPay charges 1% + $0.25 per transaction. On a $20 transaction, that's 2.25%. Here's how Bekena gives you true 1% flat fee processing with faster settlement.
BitPay is one of the most recognized names in crypto payments, but recognition doesn't mean best value. Their fee structure — 1% plus $0.25 per transaction — was designed for large enterprise transactions. For businesses with smaller average order values, or high transaction volume, that $0.25 adds up fast.
The Hidden Cost of the Per-Transaction Fee
At 1% + $0.25 per transaction, a $25 payment costs $0.50 (2%). A $10 payment costs $0.35 (3.5%). For subscription businesses with $9.99/month plans, you're paying almost 3.5% per renewal — nearly the same as a card processor. Bekena charges 1% flat. Period. No per-transaction fee added on top.
- ✓$10 transaction: BitPay $0.35 (3.5%) vs Bekena $0.10 (1%)
- ✓$25 transaction: BitPay $0.50 (2%) vs Bekena $0.25 (1%)
- ✓$100 transaction: BitPay $1.25 (1.25%) vs Bekena $1.00 (1%)
- ✓$1,000 transaction: BitPay $10.25 (1.025%) vs Bekena $10.00 (1%)
Settlement Speed Comparison
BitPay processes daily settlements, which is better than weekly but still not real-time. Bekena settles within ~5 minutes of each confirmed transaction. For high-volume merchants and iGaming operators, same-session settlement is a significant operational advantage.
Switching from BitPay to Bekena
BitPay has a REST API and webhook system similar to Bekena's. Migration involves: creating a Bekena sandbox account, adapting your payment creation and webhook handling code, testing with simulated transactions, then switching your production API keys. Most developers complete the switch in a few hours.