Speed

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Payment Gateways

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About Speed

Speed is a pioneering Bitcoin payment processor designed for businesses seeking to embrace cryptocurrency transactions. With support for both on-chain and Lightning Network payments, Speed facilitates rapid, low-fee transactions, ensuring that merchants can optimize their payment processes without the hassle of traditional banking systems. The platform provides a straightforward integration experience, allowing businesses to begin accepting Bitcoin and stablecoin payments almost instantly. Security is paramount at Speed, which utilizes state-of-the-art encryption protocols and is hosted on AWS infrastructure certified with SOC2 Type II and ISO 27001 standards. This commitment to security not only protects sensitive data but also enhances merchants' trust in the payment process. Moreover, Speed’s chargeback protection and fraud prevention features help safeguard against potential risks, making it an ideal choice for e-commerce platforms and brick-and-mortar stores looking to expand their payment capabilities globally.

Key Features

Accept Bitcoin and USDT payments

Zero setup fees for merchants

Instant payouts within 10 minutes

Advanced security with encryption

No chargeback risks or fraud issues

Supports both online and offline payments

Payment Gateway Details

Payment Methods

Apple Pay

Google Pay

PayPal

Fees & Pricing

Core Features

API Available

Embed Checkout

Subscriptions

Marketplace

Merchant of Record

Additional Services

Affiliate Program

Community

Training Courses

Email Marketing

Integrations

Use Cases

E-commerce Payments

Speed allows online retailers to seamlessly integrate Bitcoin and USDT payments into their e-commerce platforms. Utilizing pre-built plugins for popular systems like WooCommerce and Magento, merchants can offer customers a modern payment option that enhances checkout experiences. The integration is straightforward, requiring minimal technical expertise, thus enabling businesses to attract crypto-savvy customers.

In-Person Transactions

For brick-and-mortar stores, Speed provides a no-code solution through the One QR feature. Merchants can create a static QR code that customers scan to pay with Bitcoin or USDT. This method not only reduces transaction times but also eliminates the need for traditional POS systems, making it ideal for retailers looking to modernize their payment acceptance methods.

Donations and Crowdfunding

Nonprofits and crowdfunding platforms can use Speed’s payment links to easily accept Bitcoin donations. These links can be distributed through various channels, facilitating cross-border contributions without the constraints of traditional banking fees. With instant payouts, organizations can access funds quickly for immediate use.

Gaming and iGaming Payments

Gaming platforms can leverage Speed’s capabilities to accept Bitcoin as a currency for in-game purchases or payouts for winnings. The integration supports both on-chain and Lightning Network transactions, allowing for fast processing times—essential in a dynamic gaming environment where user experience is paramount.

Strengths & Weaknesses

Strengths

Robust security features including state-of-the-art encryption protocols and hosting on AWS infrastructure certified with SOC2 Type II and ISO 27001 standards.

No chargeback risks associated with cryptocurrency transactions, providing peace of mind for merchants.

Versatile payment methods support that includes both online and offline payments, catering to various business models.

Weaknesses

Limited support for recurring payments or subscription models, which may be a drawback for SaaS businesses or subscription-based services.

Absence of popular payment methods like PayPal, Apple Pay, or Google Pay may restrict customer options in certain markets.

Who Is This For?

Small to medium-sized e-commerce businesses looking to diversify payment options and appeal to a tech-savvy customer base by accepting cryptocurrencies.

Brick-and-mortar retailers seeking efficient, modern payment solutions that minimize transaction times and improve customer satisfaction.

Nonprofit organizations or crowdfunding platforms aiming to tap into the cryptocurrency market for donations without incurring high transaction fees.

Gaming companies wanting to offer seamless cryptocurrency transactions for in-game purchases or winnings, enhancing user engagement.

Unique Selling Points

Support for both on-chain and Lightning Network transactions, ensuring fast processing times and low fees.

Zero setup fees for merchants, allowing businesses of all sizes to begin accepting Bitcoin payments with minimal upfront costs.

Instant payout capabilities that enable businesses to access funds quickly without waiting periods typically associated with traditional payment processors.