Crypto Payment Gateway Comparison · 2026
Coinbase Commerce shut down its hosted checkout in 2024 — and the new model funnels every customer through a Coinbase Onramp account. StablePay accepts any wallet on 7 chains, settles direct to yours, and supports EURC alongside USDC and USDT.
| Feature | Coinbase Commerce | StablePay |
|---|---|---|
| Transaction fee | 1% (Onramp customers) + Onramp 1-4% spread | From 2.0% all-in, down to 1.0% at scale |
| Chains supported | 5 (Base, Ethereum, Polygon, Solana, Arbitrum) | 7 (+ BNB Chain, TRON) |
| Stablecoins accepted | USDC only | USDC, USDT, EURC |
| Customer needs a Coinbase account | Yes (via Onramp) for new flows | No — any wallet works |
| Settlement | Coinbase custodies, then transfers | Direct on-chain to your wallet |
| Hosted checkout | Discontinued December 2024 | Built-in, embeddable widget |
| KYC required for merchant | Yes (Coinbase business account) | Email + wallet address |
| Geographic restrictions | Coinbase-supported countries only | Anywhere |
| Multi-store / brand support | One account = one merchant | Run N stores per account, isolated webhooks + branding |
| AI ops agent | No | Stablo handles config, refunds, treasury |
The familiar one-click "Pay with crypto" Coinbase Commerce page is gone. The new flow assumes customers have a Coinbase account and use Onramp — adding ~1-4% in spread on top of the 1% protocol fee.
Funds land in your Coinbase account first, then you withdraw. That's an extra hop, an extra surface for account freezes, and it makes self-custody merchants uncomfortable.
Customer pays in their own wallet → tx goes directly to your wallet. We never touch the money. We charge a flat transaction fee that's invoiced separately. You hold 100% of payments from the moment they confirm.
Yes. Use whatever wallet address you control — Coinbase, Coinbase Wallet (self-custody), MetaMask, Phantom, Trust Wallet, Ledger, etc. We just need an address per chain.
No. They use any wallet they already have (Phantom, MetaMask, Trust, Rainbow, Coinbase Wallet, etc.). For customers without a wallet, our checkout walks them through one-time setup.
~10 minutes: sign up at StablePay, paste your wallet addresses for the chains you accept, swap the checkout widget script tag. Your existing customers won't notice anything different at checkout.
Coinbase Commerce ≈ $100 in protocol fees + $100-400 in customer Onramp spreads (paid by customer but kills conversion). StablePay ≈ $200, no spread, customer pays from their own wallet at zero markup.