This article covers the Best Crypto Payment Plugins for Magento. Crypto payments will become more evolved in 2026. Merchants running Magento storefronts are utilizing plug-ins provided by BitPay, Coinbase Commerce and CoinGate, as well as services like NOWPayments, CoinPayments, and enterprise solutions CoinsPaid and TripleA. They have also begun to utilize privacy-focused solutions GrineoPay, BTCPay Server, and Blockonomics. These plug-ins strike a balance between compliance, stablecoin integration, instant settlement, and international coverage.
Why Choose Crypto Payment Plugins for Magento
Boundless Trade
Allow payments across borders with no barriers caused by currency exchange.
Stablecoin Support
Eliminate unpredictable income by fixing income in USDT, USDC, or DAI.
Lower Fees
Around 0.5–1% charged by most plugins is way better than the average traditional card processor fees of 2–3%
Instant Settlement
Non‑custodial payment gateways like NOWPayments and BTCPay Server make for better cash flow because of their instant settlement to a merchant’s wallet.
Privacy & Security
Using solutions like GrineoPay and Blockonomics mean merchants are not at risk of having their funds frozen.
Key Points
| Plugin | Type | Key Strengths | Best For |
|---|---|---|---|
| BitPay | Custodial | Fiat settlement, brand trust, compliance | Regulated businesses |
| Coinbase Commerce | Custodial | Easy UI, multi‑coin support, Coinbase ecosystem | Beginners & mainstream merchants |
| CoinGate | Hybrid | 70+ coins, flexible settlement, competitive fees | Mid‑size merchants |
| NOWPayments | Non‑custodial | 200+ tokens, sovereignty, altcoin support | Altcoin‑heavy stores |
| CoinPayments | Custodial | 2,000+ coins, low fees, global reach | High‑volume merchants |
| CoinsPaid | Custodial | Enterprise‑grade, instant fiat conversion, compliance | Large enterprises |
| GrineoPay | Non‑custodial | Direct wallet settlement, flat 0.5% fee | Privacy‑focused merchants |
| BTCPay Server | Non‑custodial | Open‑source, self‑hosted, zero counterparty risk | Tech‑savvy merchants |
| Blockonomics | Non‑custodial | Direct wallet payments, privacy‑centric | Merchants avoiding centralized databases |
| TripleA | Custodial | Licensed in Singapore, instant fiat payouts | Global compliance‑driven merchants |
1. BitPay
Founded in 2011, BitPay is among the first crypto payment processors for Magento. It permits payment in Bitcoin, Bitcoin Cash and USDC, USDT, and DAI stablecoins. Merchants can opt for fiat settlement in USD, EUR, or GBP.
BitPay adopts a custodial payment model, which means that BitPay takes care of compliance and conversion. BitPay charges a transaction fee of 1%, which is generally lower than that for traditional card processors.
Settlements are executed within 1–2 business days. Refunds are also supported and are processed through BitPay’s system. Midway through its offering, BitPay focuses on stablecoin settlement to reduce volatility for regulated firms.
BitPay Features
- Custodial model with fiat currency conversion.
- Founded in 2011; earliest crypto payment gateway.
- Supports BTC, BCH, USDC.
- Compliance check done on BitPay dashboard.
- 1% transaction fee, with a settlement time of 1-2 days.
| Benefits | Drawbacks |
|---|---|
| Strong compliance and regulation | Custodial model (less sovereignty) |
| Supports BTC, BCH, USDC | Limited altcoin support |
| Fiat settlement in USD/EUR/GBP | Refunds only via BitPay dashboard |
| Trusted brand since 2011 | Settlement takes 1–2 business days |
| Transparent 1% fee | Merchants rely on BitPay custody |
2. Coinbase Commerce
Coinbase Commerce started offering their services in 2018. Magento merchants can accept payments in USDC, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other assets through its stablecoin payment option.
Coinbase Commerce adopts a custodial model through its regulated exchange. Merchants pay a transaction fee of ~1%. If a conversion is carried out, settlement takes place instantly. Settlements occur within 1–2 days and the blockchains supported are Bitcoin, Ethereum and Polygon.
Refunds are supported and are processed through the Coinbase dashboard, with the merchant’s approval. In the middle of its offering, Coinbase Commerce emphasizes USDC stablecoin support. For businesses transitioning to crypto payments, its user-friendly design and strong compliance framework make it an excellent choice.
Coinbase Commerce Features
- Founded in 2018; crypto payment gateway of Coinbase exchange.
- 1% transaction fee, with a settlement time of 1-2 days.
- Supports BTC, ETH, LTC, USDC.
- Custodial model.
- Refunds done via merchant dashboard.
| Benefits | Drawbacks |
|---|---|
| Backed by Coinbase exchange | Custodial dependency |
| Supports BTC, ETH, LTC, USDC | Limited token diversity |
| Easy UI and integration | Refunds require merchant approval |
| Fiat conversion available | Settlement 1–2 days, not instant |
| Strong compliance framework | 1% fee higher than some rivals |
3. CoinGate (Hybrid)
CoinGate was established in 2014 and provides a hybrid custodial/non-custodial model to Magento merchants, supporting 70+ cryptocurrencies, such as Bitcoin, Ethereum, and stablecoins USDT and USDC. It charges a competitive 1% transaction fee and provides flexible settlement in crypto and fiat.
The settlement is usually 24–48 hours. CoinGate operates on Bitcoin, Ethereum, and the Lightning Network, providing further flexibility with fast payments. Merchants can issue refunds from the dashboard, and during the mid-point of its offering, CoinGate provides hybrid settlement flexibility.
This allows merchants to choose between crypto custody and fiat conversion, providing an excellent balance for mid-sized merchants who seek sovereignty with compliance.
CoinGate Features
- Founded in 2014; custodial/non-custodial hybrid model.
- 1% transaction fee, with a settlement time of 24-48 hours.
- Supports 70+ coins; has USDT and USDC.
- Fiats and crypto flexible settlements.
- Refunds via merchant dashboard.
| Benefits | Drawbacks |
|---|---|
| Hybrid custodial/non‑custodial flexibility | Settlement slower (24–48 hours) |
| Supports 70+ coins incl. USDT/USDC | Smaller coin coverage vs CoinPayments |
| Fiat or crypto settlement options | Refunds depend on dashboard |
| Lightning Network support | 1% fee not the lowest |
| Founded 2014, trusted mid‑size gateway | Requires merchant choice setup |
4. NOWPayments
Founded in 2019, NOWPayments is a non-custodial gateway supporting over 200 cryptocurrencies, including USDT, USDC, and DAI. Its payment model allows merchants to bypass third-party custody as funds are settled directly into the merchant wallet.
NOWPayments charges between 0.5% and 1% as a transaction fee, and settlement is instant as payments are processed to the wallet. Supported jurisdictional blockchains include Bitcoin, Ethereum,
Binance Smart Chain, and several others. Refunds are not supported as NOWPayments does not custody funds, and it is up to the merchant to handle refunds. NOWPayments provides mostly direct stablecoin wallet settlement, which allows merchants to maintain sovereignty and provides diversified settlement.
NOWPayments Features
- Founded in 2019; supports 200 different crypto coins.
- Has a non-custodial model.
- Supports USDT, USDC, and DAI.
- 0.5-1% fee, with an instant settlement.
- Refunds manually requested and handled by the merchants.
| Benefits | Drawbacks |
|---|---|
| Non‑custodial, direct wallet settlement | Refunds must be manual |
| Supports 200+ coins incl. USDT/USDC/DAI | Merchants handle volatility risk |
| Instant settlement | Requires merchant wallet management |
| Low fees (0.5–1%) | No fiat conversion |
| Founded 2019, modern altcoin gateway | Less compliance support |
5. CoinPayments
Founded in 2013, CoinPayments is a custodial processor that supports 2,000+ cryptocurrencies including USDT, USDC and DAI. With a 0.5% transaction fee, it is one of the best options available. Settlement in either fiat or crypto occurs in 1-2 days.
It has Bitcoin, Ethereum, Tron, and Binance Smart Chain among its supported blockchains. It is one of the few options that offer refunds, thanks to its custodial blockchain system, which simplifies the customer support process.
Midway through its offering, CoinPayments has included a wide array of stablecoin options, making it easy for merchants to accept nearly all tokens. With its low fees and extensive coverage, it is best suited for high volume merchants.
CoinPayments Features
- Founded in 2013; custodial payment processor.
- Supports 2000+ coins; includes USDT, USDC, and DAI.
- Custodial settlement in either crypto or fiat.
- 0.5% fee; settlement in 1-2 days.
- Refunds done via custodial system.
| Benefits | Drawbacks |
|---|---|
| Supports 2,000+ coins | Custodial model |
| Low 0.5% fee | Refunds only via system |
| Global reach | Settlement 1–2 days |
| Fiat or crypto settlement | Compliance weaker than BitPay |
| Founded 2013, long‑standing gateway | Complex dashboard for beginners |
6. CoinsPaid
CoinsPaid is a custodial payment gateway, supporting Magento, which was founded in 2014. It has blockchain support for Bitcoin and Ethereum, and stablecoins of USDT, USDC and DAI. Average transaction fees are 1%, and there is an option for instant conversion to fiat. Settlement is often same day. Other blockchains supported are Tron and Polygon.
Refund support is streamlined through its custodial system. Midway through its offering, CoinsPaid has included instant stablecoin-to-fiat settlement, making it appealing for enterprises that need to be compliant and have liquidity. Its regulatory compliance and licensing make it a preferred option for large Fintech, Gambling, and E-Commerce enterprises.
CoinsPaid Features
- Founded in 2014; custodial model.
- Supports BTC, ETH, USDT, USDC, and DAI.
- Compliance done with instant conversion to fiat.
- ~1% fee; same day settlements.
- Refunds done via custodial dashboard.
| Benefits | Drawbacks |
|---|---|
| Enterprise‑grade compliance | Custodial dependency |
| Supports BTC, ETH, USDT, USDC, DAI | Higher fees (~1%) |
| Same‑day settlement | Refunds only via system |
| Instant fiat conversion | Requires KYC/AML |
| Founded 2014, licensed gateway | Best for large enterprises only |
7. GrineoPay
GrineoPay, founded in 2021, is a non-custodial crypto payment plugin for Magento. It has supported blockchains for Bitcoin and Ethereum and stablecoins USDT and USDC. It offers direct wallet settlement for an instant payout, and has a flat 0.5% transaction fee.
It is supported by Binance Smart Chain. Refunds must be done manually, as funds are not held. Midway through its offering, GrineoPay has included privacy-centered stablecoin settlement, which appeals to merchants for its low fees and increased sovereignty.
Its integrated system is a boon for small to mid-size businesses that want to operate independently.
GrineoPay Features
- Founded in 2021; non-custodial model.
- Supports BTC, ETH, USDT, USDC.
- Wallet settlements are direct and offers increased privacy.
- Settlements are instant and charge a fee of 0.5% flat.
- Refunds are managed by the merchants.
| Benefits | Drawbacks |
|---|---|
| Non‑custodial, privacy‑focused | Refunds manual |
| Flat 0.5% fee | Limited enterprise compliance |
| Instant wallet settlement | Smaller coin coverage |
| Supports BTC, ETH, USDT, USDC | Merchants handle volatility |
| Founded 2021, modern lightweight gateway | Less brand recognition |
8. BTCPay Server
Open-source, non-custodial payment processing system BTCPay Server was created in 2017 for use on Magento and similar platforms. BTCPay Server has zero transaction fees, other than for the associated blockchain, and supports the Bitcoin and Lightning networks.
Instant payment settlements are made to merchant wallets, and BTCPay Server requires that merchants manually process any refunds.
During the first few years of its service, BTCPay Server has focused on encouraging merchants to use its self-hosted stablecoin integration. This requires a little extra tech know-how to set up, but is ideal for merchants that are self-reliant and prefer open-source systems.
BTCPay Server Features
- Open-sourced and founded in 2017.
- Supports BTC, Lightning, stablecoins.
- Fairly easy to implement by yourself and offers zero counterparty risk.
- Instant settlements and fees are limited to network fees.
- Refunds are managed by the merchants.
| Benefits | Drawbacks |
|---|---|
| Open‑source, self‑hosted | Technical setup required |
| Zero fees beyond network costs | Refunds manual |
| Instant wallet settlement | Limited stablecoin support |
| Lightning Network integration | No fiat conversion |
| Founded 2017, sovereignty‑focused | Best for tech‑savvy merchants |
9. Blockonomics
Founded in 2015, Blockonomics is a non-custodial, Bitcoin focused, payment processing plugin that is starting to include support for stablecoins such as USDT. Blockonomics transactions settle instantly to the merchant’s wallet, and blockonomics charges transaction fees of roughly 1%.
The network for payment settlements is either Bitcoin or Ethereum, and Blockonomics requires that merchants manually process any refunds. During the first few years of its service, Blockonomics has focused on encouraging merchants to prefer its privacy-centric stablecoin settlement option.
For merchants that want integration that is simple and private, Blockonomics offers lightweight integration and direct payment settlement to wallets.
Blockonomics Features
- Founded in 2015 and offers a non-custodial service.
- Supports BTC, ETH and a small number of stablecoins.
- Wallet settlements are direct and offers increased privacy.
- Transaction fee: ~1%, instant settlement.
- Refunds are managed by the merchants.
| Benefits | Drawbacks |
|---|---|
| Non‑custodial, privacy‑centric | Refunds manual |
| Instant wallet settlement | Limited coin support (mostly BTC) |
| Simple integration | 1% fee higher than CoinPayments |
| Founded 2015, lightweight gateway | No fiat conversion |
| Supports BTC, ETH, some stablecoins | Less enterprise adoption |
10. TripleA
TripleA is a custodial payment gateway that offers support for Bitcoin, Ethereum, and several major stablecoins, and was created in 2018 in Singapore. TripleA offers instant settlement and conversion to fiat currency for a fee of 1%. Offered blockchains include Bitcoin, Ethereum, and Tron, and refunds are supported through the custodial system.
TrippleA highlights regulated stablecoin settlement in the middle of its offering, attracting merchants who are compliance conscious and have a global reach. It is trustworthy and dependable due to its licensing and mission critical infrastructure.
TripleA Features
- Established in 2018 and regulated in Singapore.
- Custodial service, converts cryptocurrency to fiat, supports BTC, ETH, USDT, USDC.
- Charges a fee of 1% for settlements, which are completed on the same day.
- Refunds are managed via the custodial service’s dashboard.
| Benefits | Drawbacks |
|---|---|
| Licensed in Singapore (MAS) | Custodial dependency |
| Supports BTC, ETH, USDT, USDC | Limited altcoin diversity |
| Same‑day fiat settlement | Refunds only via dashboard |
| Strong compliance | 1% fee |
| Founded 2018, enterprise‑grade | Focused on regulated merchants |
Conclusion
In 2026, all Magento merchants will have quite a selection of cryptocurrency payment plugins. Of the plugins designed specifically for regulated businesses that need fiat currency stability and refund support, BitPay, Coinbase Commerce, and TripleA rise to the top. Meanwhile, CoinGate and CoinsPaid support both fiat and crypto.
NOWPayments and CoinPayments are the best for merchants that want a wide variety of altcoins and a large selection of stablecoins. Blockonomics, BTCPay Server, GrineoPay, and non-custodial payment plugins are the best for merchants that wish to have wallet-to-wallet transactions that settle instantly.
FAQ
Which plugin supports the most stablecoins?
CoinPayments and NOWPayments lead with support for USDT, USDC, DAI, and hundreds more. CoinsPaid also offers strong stablecoin coverage with enterprise‑grade settlement.
Which plugin has the lowest fees?
CoinPayments charges just 0.5%, while GrineoPay offers a flat 0.5% non‑custodial fee. NOWPayments ranges from 0.5–1%, depending on volume.
Which plugin offers instant settlement?
Non‑custodial gateways like NOWPayments, GrineoPay, and BTCPay Server settle instantly to merchant wallets. Custodial gateways like CoinsPaid and TripleA also provide same‑day fiat settlement.
Which plugin supports refunds easily?
Custodial gateways (BitPay, Coinbase Commerce, CoinsPaid, TripleA) allow refunds directly via their dashboards. Non‑custodial gateways (BTCPay Server, Blockonomics) require manual refunds by merchants.
Which plugin is best for altcoin diversity?
NOWPayments (200+ coins) and CoinPayments (2,000+ coins) dominate altcoin coverage, making them ideal for merchants targeting diverse crypto audiences.
