How PYMSTR compares.

B2BinPay is a custodial stablecoin payment processor headquartered outside the United States. Its 0.25-0.5% headline transaction rate is the lowest in the category, though that rate comes with a $1,000 one-time setup fee, custodial hot-wallet architecture, and no merchant availability in the USA. The right fit depends heavily on jurisdiction, volume, and risk tolerance.

CoinsPaid is the biggest name in iGaming crypto payments: a full-service custodial gateway with an OTC desk, business wallet, and an established operator client base. The catch is the architecture. CoinsPaid holds merchant funds in pooled custodial wallets, was hacked for $37.3M in July 2023 (Lazarus Group) and another $7.5M in January 2024, and its 0.5-1.5% headline rate roughly doubles once conversion spreads, withdrawal fees, and inactivity charges are counted.

Coinbase Commerce was the most recognized name in self-serve crypto checkout, backed by the trust of a public US exchange. That is exactly what makes its discontinuation the story: Coinbase shut the Commerce merchant portal down on March 31, 2026 and replaced it with a fragmented stack. Coinbase Business (fully custodial, US and Singapore only) and Coinbase Payments (an escrow protocol on Base only, USDC only, routed through platforms like Shopify rather than direct signup). For a merchant choosing a processor today, the brand is strong but the product you would actually integrate is either gone or narrow.

Alphapo was a custodial crypto payment processor built for large iGaming operators: enterprise-only onboarding, negotiated contracts, and hot-wallet infrastructure that served major gambling platforms. In July 2023 the Lazarus Group drained roughly $60M from those hot wallets across multiple chains, and the business never fully recovered. The iGaming market now treats Alphapo as defunct in practice, in a state of partial wind-down, which makes this less a product review and more an operational-collapse case study.

CoinsPaid

Hacked twice. $44.5M lost. Still custodial.

Alphapo

$60M hacked by Lazarus Group. Enterprise-only. Still custodial.

BitPay

They effectively prohibit iGaming. We're built for it.

Coinbase Commerce

Commerce portal dead. Payments is Base-only. Gambling still banned.

NOWPayments

300+ volatile tokens. Complex checkout. Your customers deserve simpler.

B2BinPay

$1,000 setup fee. Custodial. Blocked in the USA.

Triple-A

Four licenses to hold your money. Zero confirmed iGaming clients.

BoomFi

Generic SaaS checkout. No enforced payments. No payment control.

Nuvei

Custom pricing. Chargebacks. Rolling reserves. Add a better rail.

Traditional Processors

5-10% fees. 2-3% chargebacks. Rolling reserves. Add a 1% rail alongside.