Blockchain has become an important part of today’s business world, changing many fields, including healthcare, banking, retail, entertainment, and supply chain. It is slowly but surely taking over the digital payment industry. This has caused a big shift from traditional currencies to cryptocurrencies and helped crypto payment gateways like BitPay grow very quickly.

Because of this, some of the biggest names in the world, like Starbucks and Gucci, accept cryptocurrencies as a valid way to pay. “You can now buy a Tesla with Bitcoin” was a tweet that Elon Musk made. This once-visionary idea is now a fact that is changing things, bringing about a big shift in how online payments work.

Statista says that cryptocurrency payments will grow at a compound annual growth rate (CAGR) of 17% from 2022 to 2029, getting to a market value of $4.12 billion during that time.

But there aren’t many sites that offer crypto payment services. One of the most well-known payment platforms in the crypto world is BitPay, which is similar to CoinPayments, CoinGate, BitcoinPay, and SpicePay. 

Because the platform is so famous, entrepreneurs, CTOs, and CIOs can make a lot of money by capitalizing on this trend. So, new businesses and companies are putting more money into crypto payment gateway development like BitPay to make sure transactions are safe.

When it comes to building things, businesses often wonder, “How much does it cost to build a crypto payment gateway like BitPay?”To get right to the point, the cost of building a BitPay crypto payment gateway can range anywhere from $30,000 to $300,000 or more, based on how complicated the project is as a whole. The costs include not only building the platform but also keeping the app working, safe, and appealing to its users over time.

Come up with an idea to develop crypto payments.

In the parts that follow, we’ll take a closer look at the different factors that affect the cost of developing a crypto payment app. However, before we go any further, let us first look at the main reasons why BitPay is such a well-known cryptocurrency payment platform.  

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How to Understand BitPay, a Great Crypto Payment Gateway

BitPay was started in 2011 in Atlanta, Georgia, and is now the biggest name in the cryptocurrency world. It handles all payments with 16+ cryptocurrencies, such as Bitcoin, Ripple, Ethereum, EOS, and more, and works in over 200+ countries to help over 20,000 companies. It’s a good number that any business that wants to start its own cryptocurrency payment system would like to see.

It’s so easy to change currencies with BitPay that you won’t need to look for other options very often. All currencies can easily be changed into Bitcoin or other cryptocurrencies by the system. This lets people send and receive money around the world. Instead of using fiat money, this simple way is a convenient alternative. There are fees, but the amount depends on the plan you choose. There are four tariff choices that cost between $0 and $3,000.

The platform gives users great results by setting up private client networks. It also controls traffic well and helps businesses grow by offering lower prices and flexible pricing plans. 

Interesting Things You Should Know About BitPay 

  • Takes more than 16 cryptocurrencies, which make up 70% of the world’s cryptocurrency market capitalization.
  • More than $10 million worth of deals have been handled.
  • Get to 229 countries and regions around the world.
  • There are more than one type of currency used to settle bank accounts in 38 countries.

This platform basically works as a service that strengthens your networks, making it easier to grow without any problems. BitPay has become a name that everyone in the crypto payment industry knows for speed, dependability, and safety by making it easy for people to make crypto transactions. This has led many other businesses to want to make their own payment gateways like BitPay’s.

Things that affect how much it costs to make a BitPay-like app

A lot of different things go into making a crypto payment gateway like BitPay, which adds up to the total cost of growth. Businesses that are thinking about going in this direction need to understand these key points. Here are some of the main things that affect how much it costs to build a payment platform like BitPay:

How much it costs to build a crypto payment gateway

Hardness of the Platform

One of the main things that affects how much it costs to make a BitPay-like app is how complicated the platform is and what features you need to make your product idea a reality. A platform like BitPay has a lot of different features, like processing transactions and giving real-time information. Adding each part to the development process makes it more complicated and requires a different amount of money, time, and skilled workers. It takes more money and time to create something that has a lot of different functions and features.

Based on how complicated the website is, here is a rough breakdown of the costs:

Level of Complexity Average Development Cost Time Frame
Basic platform with limited features $30,000 to $50,000 3 to 6 Months
Moderate complexity platform with extensive features $50,000 to $120,000 6 to 12 Months
Complex platform with advanced features $120,000 to $300,000+ 12 Months+

Where the developers are

What area the developers are in directly affects how much it costs to build a Web3 crypto payment method. The hourly rates for app developers vary a lot based on where they are located. One example is that a business in the US or UK will charge a lot more than a business in Asia or Africa.

Here is a breakdown of how much it costs to make a crypto payment app based on where the coders are located.

Region Hourly Rates of Developers
Asia $20-$30
Eastern Europe $40-$50
UAE $50-$70
Australia $70-$90
Western Europe $60-$90
US $70-$150

Level of Security

Strong security steps are needed to build trust in a crypto payment gateway. The price of building a payment gateway depends on many things, such as following encryption standards, adding multi-factor authentication, and making sure the gateway meets all legal requirements.

UI and UX Design

BitPay’s unmatched success is due to its easy-to-use interface, aesthetically pleasing design, and ability to work on mobile devices. These features make users happier, but they also raise the cost of development. Due to this, the price of creating a cryptocurrency payment system similar to BitPay may change based on how hard it is to use and understand.

Integration of a payment processor

As was already said, BitPay takes 16 cryptocurrencies, which make up 70% of the world’s cryptocurrency market capitalization. In order to be compatible with a number of cryptocurrencies, different payment companies must be able to work together without any problems. Adding APIs and thinking about transaction speed have a big effect on how hard development is and how much it costs.

Costs of Legal and Compliance

To create a cryptocurrency payment platform like BitPay, rules like anti-money laundering (AML) and know-your-customer (KYC) must be followed. To do this, you need to work with skilled developers to make sure that you follow the rules of the business and that transactions go smoothly. It makes the cost of building a web3 crypto payment method go up.

Testing and Making Sure of Quality

As was already said, a crypto payment platform like BitPay usually has strict rules about security and compliance. So, buying strong testing software and tools is important to make sure that the Web3 crypto payment options are safe, secure, and reliable. Even though these tasks add to the cost of development, they are necessary for making sure the platform is stable and safe.

Maintenance and new features

Maintenance, which includes fixing bugs, releasing security updates, and adding new features, is an important part of keeping the crypto payment method running smoothly and for a long time. Maintaining this system all the time costs money and adds to the overall cost of building a crypto payment method.

Important Parts of a Crypto Payment Gateway Like BitPay

The features that give a crypto payment app life are what make it popular and make money. So, companies that want to build a crypto payment platform like BitPay should think about the most important features. We have put together a thorough list of the features that will work best with your crypto payment gateway if you are interested. These tips will help your app stand out from the rest.

Things a crypto payment platform should have

Support for Multiple Cryptocurrencies

The ability to trade in different cryptocurrency is one of the best things about platforms like BitPay. It gives users options and makes the platform more flexible. This makes the payment method more useful and appeals to a wider range of people who are interested in different digital assets.

Changes to fiat currency

The ability to change cryptocurrency funds into regular money gives businesses more options. It works for people who like traditional currencies and makes it easier for crypto payments to work with current financial systems.

Adding a Secure Wallet

A crypto payment gateway like BitPay’s security is its most important feature, giving users peace of mind when they store and handle their cryptocurrencies. By using advanced encryption methods and secure storage routines, this feature is essential for keeping users’ digital assets safe.

Adding an API

Businesses can easily connect their crypto connections to other platforms, like shopping websites like IKEA, Amazon, Walmart, Adidas, and more, thanks to API integration. This function makes it easier for businesses to integrate, which makes the payment gateway more accessible and usable overall.

Monitoring transactions in real time

Real-time monitoring lets both users and sellers keep an eye on transactions right away. This openness builds trust by letting users know how their payments are going and making it easier to deal with any problems that may come up quickly.

Security and Authentication for Users

Adding strong security features like two-factor authentication, Know Your Customer (KYC) verification, and data encryption makes the payment gateway harder to hack and keeps user accounts safe from fraud.

Front panel

A dashboard is the main hub for users and shows them at a glance what’s going on with their accounts, the state of their transactions, and other important data. Data visualization that is easy to understand, thorough transaction logs, search tools, and the ability to organize data all make it easier for users to see and control their financial information.

Making Tickets

Users can get help or report problems quickly when ticket creation systems work well. Easy-to-use tools for making tickets and keeping track of their progress in real time make users happier and boost trust in the customer service ecosystem.

Tool for Merchants

Merchant tools give companies the tools they need to handle deals quickly and easily. This includes tools for keeping track of payments, looking at sales data, customizing payment choices, and giving merchants the power to make their payment processes better.

To add these features, you can talk to a financial app development company like Appic Softwares if you want to build a wallet like BitPay for your business. These experts know more about how to make a crypto payment gateway because they have more experience, skills, and information.

A full understanding of the crypto payment gateway development process can help the project go easily if you want to make a crypto payment gateway like BitPay. If you want to build a gateway like BitPay, look into white label crypto payment gateway development, or learn more about platforms like PayPal, CoinPayments, CoinGate, BitcoinPay, and SpicePay, knowing how the process works will help you.

How to build a crypto payment platform 

Planning and researching the market

Do a lot of study to find out what the market wants, who the competition is, and who your target audience is. Once you have a good grasp of the market, plan out how your white label crypto payment method development project will work.

Pick to Integrate Blockchain

Choose which blockchain network(s) to add, with Bitcoin, Ethereum, and other big cryptocurrencies in mind. Set up safe API links with blockchain networks so that transactions go smoothly.

Hire a company that makes blockchain development

Hire a trustworthy group of developers, artists, and project managers who know how to work with blockchain technology. They are skilled professionals who will make your project idea come to life while making sure the answer is of high quality, works well, is reliable, and is safe.

Think of UI/UX

Make an interface that looks good and is easy for both businesses and users to use. Make sure the user flow is smooth so that deals are easy to understand and account management works well.

Implementation of Security

Put security steps like data encryption and secure user authentication at the top of the list. Put in place steps to stop fraud to protect against unauthorized access.

Payment Processing Should Be Built In

Add payment handling APIs to make it easier to buy and sell cryptocurrencies. Give sellers tools that make it easy for their platforms to work with yours.

Tools for integrating merchants

Make plugins, APIs, or SDKs that make it easy for businesses to use your payment gateway. Offer options that work with a number of eCommerce platforms to get more people to use your business.

Putting it to use and testing

Complete a thorough testing to make sure the tool works, is safe, and can be used. Once you’re done with testing and making changes, it’s time to let end users use your crypto payment method. 

Maintenance and updates all the time

Keep an eye on how your payment method is working so that you can fix any problems right away. Put out updates to improve functionality and respond to user comments so that things keep getting better.

These steps are the building blocks for making payment systems that are strong and reliable. Partnering with a trustworthy blockchain and fintech app development company like Appic Softwares can be a smart move to make sure the smooth and successful development of a crypto payment method like BitPay.

Our experienced blockchain developers will be with you every step of the way, whether you want to build a white label crypto payment gateway for businesses that want ready-made solutions or a unique solution for your business and its merchant facilitation needs.

Why is Appic Softwares a Good Option for Making Crypto Payment Apps?

Appic Softwares is a top fintech app development company that helps businesses around the world grow and speed up digital innovation. For a very long time, we’ve been providing next-generation blockchain development services and have always been able to meet our clients’ needs.

We promise that your crypto payment gateways will grow smoothly and continue to be successful because we have built more than 500 custom FinTech solutions in the past. Our group of more than 350 FinTech experts knows all about the newest technologies and best practices needed to make a crypto payment platform like BitPay.

If you work with us, building a BitPay crypto payment method will be easy and free of problems. You’ll get to a place that gives your business an edge over its competitors. So, if you want a company to build a safe crypto payment method like BitPay, get in touch with us right away.


  • How long does it take to make a BitPay-like crypto payment gateway?

The time it takes to make a crypto payment method like BitPay depends on many things, such as how hard the project is, how well the development team works, the features, and so on.

Usually, building a BitPay crypto payment platform can take three to nine months or longer. The exact schedule will depend on the needs of your project and the resources that are available.

You can talk to our blockchain experts about your project needs to get a good idea of how long it will take to make your project a reality.

  • How much does it cost to make a payment platform for cryptocurrencies?

How much it costs to make a crypto payment gateway like BitPay depends on many things, such as the gateway’s features and functions, its UI/UX design, where the app devs are located, and so on.

Depending on the specifics of your project, making a crypto payment app can cost anywhere from $30,000 to $300,000 or even more. 

Talk to us about your project idea and get a good quote for the cost of building your crypto gateway platform.

  • What are the pros of building a web3 crypto payment gateway?

There are many benefits to creating a crypto payment portal. Here are some of the most popular reasons why building a crypto payment gateway is a good idea:

  • Crypto payment gateways make transactions safe, which lowers the risk of fraud and unauthorized entry.
  • With these kinds of tools, companies can reach customers all over the world without having to deal with complicated banking systems or exchange rates.
  • Payment gateways for cryptocurrencies can cut transaction fees by a large amount by cutting out middlemen like banks. This makes it cheaper for both customers and businesses.
  • Crypto platforms are open 24 hours a day, seven days a week. This means that trades can happen more quickly and easily.

Because cryptocurrency purchases can’t be undone, the risk of chargebacks is lower. This gives merchants more confidence and lowers the number of disputes.

  • What are the most important features to include when building a white label crypto payment gateway?

 A white label crypto payment gateway should have strong security measures like encryption and two-factor authentication, the ability to support multiple cryptocurrencies, easy integration for merchants, branding and user interface customization, full reporting and analytics tools, compliance with regulatory standards, and scalable infrastructure to allow for business growth.

So, what are you waiting for?

Contact us now!