Coinvay can suit merchants retaining crypto directly in their own wallets. CoinGate may fit businesses wanting managed conversion or settlement services. Evaluate the final receipt currency and full operating cost before choosing.
Published by Coinvay. Provider facts were checked against official sources on 27 October 2026. Availability, fees and terms can change. Coinvay’s 0% invoice commission excludes blockchain fees and optional merchant plans.
Define settlement in practical terms
CoinGate's pricing page lists a Standard plan with 1% payment processing and no monthly fees. It also advertises fiat conversion and automatic settlement services, with separate rules for ancillary services. The page checked on 27 October 2026 lists weekly standard automatic settlements; enterprise terms differ.
Coinvay's invoice payments go to merchant crypto wallets rather than accumulating in a Coinvay payout balance. Blockchain confirmation still controls when an invoice is marked paid. Direct receipt is therefore not a guarantee that every network confirms immediately or that receipts arrive as bank money.
| Area | Coinvay | CoinGate |
|---|---|---|
| Receipt approach | Original crypto to merchant wallet | Managed crypto/fiat settlement options |
| Pricing reference | 0% invoice commission; plans separate | Standard processing 1%; other services have terms |
| Bank settlement | Not provided natively | Part of the managed service offering |
Compare your complete monthly workflow
Coinvay currently takes 0% invoice commission, but optional plan subscriptions, limits and blockchain costs remain. For a merchant keeping crypto, this can be a useful model. A merchant needing bank cash must also evaluate how it will convert or off-ramp receipts through a separate service.
Treat each provider's integration and settlement settings as part of the trial. Confirm which customer networks are enabled, how orders are matched to receipts, and how staff investigate an exception. Avoid blanket claims about withdrawal charges: published schedules can distinguish processing, conversion, payout and withdrawal fees with different conditions.
A hypothetical subscription consultancy
Imagine a consultancy accepting one-time project deposits from clients. Its hypothetical finance team wants all receipts in euros, whereas the founder prefers holding some stablecoin revenue. The team should first agree on its treasury policy, then compare the provider route that matches that policy.
If it chooses direct stablecoin receipt, it can test Coinvay's payment links and server-confirmed fulfillment, then model optional plan costs at expected invoice volume. If it chooses managed conversion and settlement, it should evaluate CoinGate's current terms. Neither preference makes the other service inherently inferior.
Practical checklist
- Agree on crypto retention or fiat settlement before evaluating providers.
- Review processing, conversion, payout and withdrawal fees separately.
- Check the settlement schedule for the exact commercial plan.
- Run a staging order through confirmation, reconciliation and fulfillment.
Common questions
Does Coinvay maintain a balance that merchants withdraw later?+
Standard invoice payments are sent to merchant wallets. Coinvay does not hold a custodial invoice balance awaiting a payout request.
Can a service with processing fees still be a better fit?+
Yes. A conversion or settlement service may solve a requirement that direct crypto receipt does not. Compare outcomes, total cost and operating responsibilities.
Sources and further reading
Primary references and Coinvay product documentation. Check the linked pages for current details.
AI-assisted drafting, published by Coinvay. Examples are illustrative. Read our editorial approach.