As cryptocurrency continues to gain traction worldwide, BitPay has emerged as one of the leading payment service providers, enabling seamless crypto transactions. The evolution of this platform has mirrored the rapid rise of digital currencies, especially Bitcoin, offering businesses and consumers alike the ability to transact globally with low fees, enhanced security, and growing adoption. In 2025, BitPay’s role as a crypto payment processor is more vital than ever, with increasing usage, new features, and expanding integrations. Understanding the trends and statistics surrounding BitPay offers valuable insights into the broader cryptocurrency payment ecosystem.
Editor’s Choice: Key Milestones and Trends
- BitPay processed $1.38 billion in cryptocurrency payments in 2025, reflecting a 20% increase from the previous year.
- The number of BitPay merchants reached 130,000 globally in 2025, showing continued crypto adoption in retail and e-commerce.
- Bitcoin accounted for 84% of all BitPay transactions in 2025, maintaining its position as the most used crypto.
- BitPay supported 22 new cryptocurrencies in 2025, expanding its total digital asset offerings significantly.
- In 2025, BitPay enhanced its “USDC Payment Mode”, which saw a 35% rise in usage for stablecoin-based payments.
- Customer satisfaction improved by 11% in 2025, and BitPay Wallet downloads surpassed 12.4 million globally.
- Transaction fees stayed low at 1%, reinforcing BitPay’s cost-efficiency advantage over traditional processors.
BitPay’s Top Coins by Transaction Count
- Litecoin (LTC) leads all cryptocurrencies on BitPay with a massive 201,165 transactions, cementing its popularity for payments.
- Bitcoin (BTC) follows closely with 130,250 transactions, showing continued strong usage despite volatility.
- Ethereum (ETH) recorded 56,365 transactions, reflecting its steady presence in the crypto payment ecosystem.
- Both Dogecoin (DOGE) and USD Coin (USDC) tallied 32,148 transactions each, highlighting their rising relevance in everyday crypto payments.
Growth and Usage Statistics
- BitPay processed 3.8 million transactions in 2025, marking a 22% year-over-year increase in volume.
- 36% of customers used altcoins like Ethereum, Litecoin, and Solana, reflecting broader crypto diversification.
- 58% of BitPay users are in the U.S., with 28% in Europe and the rest across Asia and Latin America
- The average transaction size rose to $390 in 2025, showing continued usage for high-value purchases.
- B2B crypto payments grew by 14%, driven by increased demand for cross-border settlement efficiency.
- Over 3,700 charities accept crypto via BitPay, with crypto donations up by 34% in 2025.
- 1 in 5 BitPay transactions was made for purchasing luxury goods such as watches, jewelry, and art.
Industry and Sector Distribution of Payments
- E-commerce accounted for 48% of BitPay transactions in 2025, showing continued crypto adoption by online retailers.
- Travel and tourism made up 18% of total payments, as more users booked flights and hotels with crypto.
- Luxury goods represented 14% of payment volume, driven by purchases of jewelry, designer fashion, and high-end watches.
- B2B payments contributed 13% of transactions, powered by increased use of crypto for global settlements.
- The gaming sector grew 16% in crypto transactions, as more platforms integrated BitPay for in-game spending.
- Charities saw $134 million in crypto donations, with donation volume up 29% via BitPay in 2025.
- Retail (in-store) payments made up 6%, reflecting the gradual adoption of crypto in physical store environments.
Bitcoin and Altcoin Transaction Shares
- Bitcoin made up 84% of all BitPay transactions in 2025, maintaining its role as the leading cryptocurrency for payments
- Ethereum transactions rose to 7.2%, signaling increasing everyday use beyond DeFi and NFTs
- Stablecoins like USDC and DAI comprised 5.4% of all transactions, as users prioritized price stability
- Litecoin and Dogecoin together accounted for 1.8%, continuing to be favored for micro and retail payments
- Shiba Inu (SHIB) and Polygon (MATIC) reached 0.8%, showing rising traction among altcoin users
- Bitcoin Cash dropped to 0.7%, reflecting a continued decline in usage on the platform
- The addition of 22 new cryptocurrencies in 2025 contributed to an 11% growth in non-Bitcoin transactions
BitPay’s Crypto Processing Volume Highlights
- BitPay processed 334,486 crypto transactions in the last 6 months, showcasing its dominance in global crypto payment processing.
- In the past 30 days alone, 60,204 crypto transactions were handled by BitPay, highlighting consistent monthly activity.
Impact of Crypto Price Fluctuations on Spending
- During high Bitcoin volatility, BitPay saw a 26% increase in stablecoin usage like USDC, as users avoided price swings
- In Q1 2025, when Bitcoin surpassed $52,000, high-value transactions (>$1,000) rose by 18% through BitPay
- Ethereum transactions dropped 6.5% during peak volatility, highlighting users’ caution with unstable asset values
- When Bitcoin fell below $38,000 in mid-2025, overall crypto spending declined by 9% as users paused activity
- Stablecoin usage spiked 33% during the early 2025 correction, as both merchants and buyers favored price-stable options
- Altcoin transactions rose by 11% during Bitcoin downturns, reflecting diversification in consumer payment preferences
- Bitcoin still held 84% of total volume in 2025, proving its dominance despite volatile market conditions
BitPay Acceptance Fees and Cost Structure
- BitPay charges a standard 1% transaction fee, significantly lower than traditional credit card processing fees, which average between 2.5% to 3.5%.
- BitPay’s B2B clients saved an estimated $5 million in transaction fees by switching from traditional payment systems to BitPay.
- BitPay’s invoice processing system supports over 150 different currencies, allowing businesses to avoid additional conversion fees.
- For high-volume merchants, BitPay offers a custom pricing plan, providing reduced fees for companies processing over $10 million in transactions annually.
- BitPay Wallet users enjoy zero fees when transacting between wallets, encouraging peer-to-peer payments using cryptocurrencies.
- Settlement fees for receiving funds in fiat currency (USD, EUR, etc.) are absorbed by BitPay for businesses in 22 countries, enhancing cost-effectiveness for merchants.
- International payments using BitPay can save businesses up to 5% compared to traditional methods like wire transfers, making it an appealing option for global transactions.
Features That Enhance User Experience
- BitPay’s Payment Verification Protocol ensured 99.97% successful transaction completion in 2025, minimizing payment errors
- The BitPay Card enables fee-free domestic spending, allowing users to convert and use crypto anywhere Visa is accepted
- The 2025 mobile app upgrade drove a 17% increase in daily active users, thanks to its streamlined design and enhanced crypto tools
- Instant crypto-to-fiat settlement helped businesses mitigate volatility, with payouts processed in real time
- BitPay Wallet supported 38+ cryptocurrencies in 2025, offering full multi-currency functionality in a single app
- The BitPay Invoice Tool processed 26% more invoices, helping merchants track and automate payments more efficiently
- QR code payments jumped 24% in usage for in-store crypto transactions, driven by speed and convenience
Key Payment Innovations and Security Features
- BitPay’s multi-signature wallet support strengthened business account security, helping secure over $2.5 billion in annual crypto flow.
- Blockchain-based fraud detection in 2025 led to a 61% drop in fraudulent payment attempts, boosting merchant trust.
- The BitPay API now delivers sub-second payment notifications, improving real-time tracking and operational efficiency.
- Two-factor authentication (2FA) became mandatory for all BitPay accounts, improving overall account security and reducing unauthorized access incidents by 40%.
- Cold storage capacity increased by 40%, offering enhanced custodial security for high-volume crypto merchants.
- Ledger hardware wallet integration expanded, helping over 480,000 users protect funds with offline storage.
- End-to-end encryption safeguarded 100% of 2025 transactions, ensuring complete data protection across the platform.
BitPay vs. PayPal: A Comparative Analysis
- Transaction fees for BitPay are 1%, whereas PayPal fees can range from 2.9% to 4.5%, depending on the country and transaction type.
- Cryptocurrency acceptance: BitPay supports over 30 cryptocurrencies, while PayPal supports only 4 cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Bitcoin Cash).
- Settlement times: BitPay offers instant settlement in cryptocurrencies, while PayPal can take up to 1-3 business days for cryptocurrency sales to convert to fiat.
- Merchant reach: BitPay works with over 100,000 merchants, while PayPal, having a broader reach, operates with over 30 million businesses globally.
- Security: Both platforms offer robust security, but BitPay’s use of blockchain technology and multi-signature wallets provides an extra layer of protection.
- PayPal charges additional fees for international transactions, while BitPay offers lower fees for cross-border payments, making it a more affordable option for global businesses.
- PayPal’s crypto purchase limits are capped at $20,000 per week, while BitPay allows for much higher transaction limits, supporting large-scale purchases.
BitPay User Demographics by Age Group
- The largest user segment of BitPay comes from the 25–34 age group, making up 31.58% of website visitors.
- Users aged 35–44 represent 20.99% of the total, indicating strong mid-career interest in crypto payments.
- The 18–24 age group accounts for 19.39%, reflecting growing adoption among younger users.
- 12.53% of BitPay users fall within the 45–54 age bracket, showing moderate engagement from older professionals.
- The 55–64 group contributes 9.39%, while seniors aged 65+ make up the smallest share at 6.12%.
Recent Developments
- In 2025, NFT payment volume via BitPay rose by 28%, as more platforms enabled crypto-based NFT transactions.
- Shopify-BitPay integration led to a 22% increase in merchant adoption, boosting e-commerce crypto payments.
- Polygon (MATIC) usage on BitPay rose by 31%, becoming one of the top 5 altcoins used on the platform.
- Bitcoin Lightning Network transactions grew by 19%, driven by faster, low-fee payments for global merchants.
- The BitPay Prepaid Card saw a 25% surge in activations, with users seeking daily crypto spending convenience.
- In 2025, BitPay reached carbon-neutral status, funding $3.2 million in green energy projects through crypto donations.
- The BitPay-Revolut partnership expanded to 18 countries, enabling seamless cross-platform crypto spending for users worldwide.
Conclusion
BitPay continues to drive innovation in the cryptocurrency payment space, providing both businesses and consumers with secure, efficient, and low-cost solutions for digital transactions. With the growing acceptance of cryptocurrency across various industries, BitPay’s role is likely to expand, offering even more diverse features and integrations. The platform’s commitment to security, cost-effectiveness, and user experience ensures that it will remain a key player in the rapidly evolving landscape of crypto payments.
