Compare

How Phala Pay compares

Custody, fees, chains, speed, and refunds across six ways to accept crypto, each as its vendor states it, with a source for every value.

Last checked 2026-10-05. Competitor terms change; check their sites before deciding.

At a glance

Phala Pay and five crypto payment services, compared across ten dimensions.
Dimension	Phala Pay	Stripe stablecoin payments	Coinbase Business (Checkouts API)	BTCPay Server	NOWPayments	MoonPay Commerce (formerly Helio)
Custody	Non-custodial: contracts that can only pay your treasury¹	Settles to your Stripe balance in local currency⁵	Custodial; funds credited to your Coinbase Business account⁷	Non-custodial; "payments go directly to your wallet"¹²	Direct to merchant wallet by default; optional custody¹⁷	"Does not custody funds"; payments go to merchant wallets²²
Self-hosting / open source	Yes, Apache-2.0, on your Phala Cloud workspace²	No (hosted service)⁵	No (hosted service)⁸	Yes, self-hosted; MIT license¹²	No (hosted service)¹⁸	No (hosted service)²³
Verifiability	Intel TDX attestation; webhook key pinned from it³	N/A (hosted service)⁵	N/A (hosted service)⁸	Open source; you run the code (no TEE attestation)¹²	N/A (hosted service)¹⁸	N/A (hosted service)²³
Fees	No per-payment fee; you pay hosting, RPC, sweep gas⁴	1.5% per transaction (US pricing page)⁶	Per-payment fee; current rate shown in app (1% announced Oct 2025) (partial)⁸	No transaction fees¹²	1% service fee; auto-conversion adds a 1% fee (partial)¹⁹	2% standard; 1% with HelioX; custom high-volume pricing²⁴
Chains / tokens	ERC-20 tokens on Ethereum and Base, including USDC and USDT⁴	USDC (Tempo, Ethereum, Solana, Polygon, Base); USDP, USDG US-only⁵	USDC on Base; more networks planned⁹	Bitcoin, Lightning; community altcoins incl. USDt (Tron, Liquid) via plugins¹³	350+ currencies¹⁹	USDC, SOL, ETH, BTC and more; Solana, EVM, Bitcoin²²
Credit / settlement speed	About 7 s (Base) / 30 s (Ethereum), then watched to finality¹	Payout timing "varies by network"⁵	"Settle in under a second on Base" (payment links) (partial)¹⁰	Merchant-set confirmations; Lightning settles instantly¹⁴	"5 min" average transaction time¹⁹	Vendor states merchants are paid "instantly"²²
Refunds	From your wallet or Safe; verified on-chain; webhook updates ledger³	Full and partial; returned as stablecoins to original wallet⁵	Full or partial refunds via API, paid in USDC¹¹	Built-in refunds via pull payments; merchant signs payout¹⁵	Merchant sends refund from own wallet²⁰	Merchant issues refunds via dashboard (partial)²⁵
API / SDK	Stripe-style REST; JS (browser, React, server), Python²	Stripe API, Checkout, Elements, Billing, Connect⁵	REST Checkouts and Payment Links APIs, webhooks, JWT auth⁸	Greenfield REST API; many e-commerce plugins¹⁶	API with IPN callbacks, sandbox, e-commerce plugins¹⁸	REST API, @heliofi SDKs, signed webhooks, checkout widget²³
KYC / merchant onboarding	No signup; operator onboards accounts and owns compliance; verified OFAC SDN and operator-supplement address screening built in¹	Stripe account; US (EU, HK, MX, CH in private preview)⁵	Business account; registered entity in US or Singapore⁷	None; self-run, no third party¹²	KYC/AML checks may be requested; vendor says "extremely rare" (partial)²¹	Self-serve; KYC/KYB merchant verification via Sumsub (partial)²⁵
Payout to your own wallet	Yes, the only possible destination; you sweep³	No; settles in fiat to your Stripe balance⁵	Withdraw to bank; USDC payouts to onchain addresses (partial)¹⁰	Yes, directly to your wallet¹²	Yes in default mode; funds sent to your wallet²⁰	Yes, paid directly to merchant wallets²²

Compare Phala Pay with

Phala Pay beside the provider chosen above, a row per dimension.
Phala Pay	Stripe stablecoin payments	Coinbase Business (Checkouts API)	BTCPay Server	NOWPayments	MoonPay Commerce (formerly Helio)
Custody
Non-custodial: contracts that can only pay your treasury¹	Settles to your Stripe balance in local currency⁵	Custodial; funds credited to your Coinbase Business account⁷	Non-custodial; "payments go directly to your wallet"¹²	Direct to merchant wallet by default; optional custody¹⁷	"Does not custody funds"; payments go to merchant wallets²²
Self-hosting / open source
Yes, Apache-2.0, on your Phala Cloud workspace²	No (hosted service)⁵	No (hosted service)⁸	Yes, self-hosted; MIT license¹²	No (hosted service)¹⁸	No (hosted service)²³
Verifiability
Intel TDX attestation; webhook key pinned from it³	N/A (hosted service)⁵	N/A (hosted service)⁸	Open source; you run the code (no TEE attestation)¹²	N/A (hosted service)¹⁸	N/A (hosted service)²³
Fees
No per-payment fee; you pay hosting, RPC, sweep gas⁴	1.5% per transaction (US pricing page)⁶	Per-payment fee; current rate shown in app (1% announced Oct 2025) (partial)⁸	No transaction fees¹²	1% service fee; auto-conversion adds a 1% fee (partial)¹⁹	2% standard; 1% with HelioX; custom high-volume pricing²⁴
Chains / tokens
ERC-20 tokens on Ethereum and Base, including USDC and USDT⁴	USDC (Tempo, Ethereum, Solana, Polygon, Base); USDP, USDG US-only⁵	USDC on Base; more networks planned⁹	Bitcoin, Lightning; community altcoins incl. USDt (Tron, Liquid) via plugins¹³	350+ currencies¹⁹	USDC, SOL, ETH, BTC and more; Solana, EVM, Bitcoin²²
Credit / settlement speed
About 7 s (Base) / 30 s (Ethereum), then watched to finality¹	Payout timing "varies by network"⁵	"Settle in under a second on Base" (payment links) (partial)¹⁰	Merchant-set confirmations; Lightning settles instantly¹⁴	"5 min" average transaction time¹⁹	Vendor states merchants are paid "instantly"²²
Refunds
From your wallet or Safe; verified on-chain; webhook updates ledger³	Full and partial; returned as stablecoins to original wallet⁵	Full or partial refunds via API, paid in USDC¹¹	Built-in refunds via pull payments; merchant signs payout¹⁵	Merchant sends refund from own wallet²⁰	Merchant issues refunds via dashboard (partial)²⁵
API / SDK
Stripe-style REST; JS (browser, React, server), Python²	Stripe API, Checkout, Elements, Billing, Connect⁵	REST Checkouts and Payment Links APIs, webhooks, JWT auth⁸	Greenfield REST API; many e-commerce plugins¹⁶	API with IPN callbacks, sandbox, e-commerce plugins¹⁸	REST API, @heliofi SDKs, signed webhooks, checkout widget²³
KYC / merchant onboarding
No signup; operator onboards accounts and owns compliance; verified OFAC SDN and operator-supplement address screening built in¹	Stripe account; US (EU, HK, MX, CH in private preview)⁵	Business account; registered entity in US or Singapore⁷	None; self-run, no third party¹²	KYC/AML checks may be requested; vendor says "extremely rare" (partial)²¹	Self-serve; KYC/KYB merchant verification via Sumsub (partial)²⁵
Payout to your own wallet
Yes, the only possible destination; you sweep³	No; settles in fiat to your Stripe balance⁵	Withdraw to bank; USDC payouts to onchain addresses (partial)¹⁰	Yes, directly to your wallet¹²	Yes in default mode; funds sent to your wallet²⁰	Yes, paid directly to merchant wallets²²

(partial): Partially stated by the vendor; see source.

—: Not stated publicly as of 2026-10-05.

Where each fits

Hosted processors fit better

Nothing to run; a fee per payment; they onboard you. They operate the payment infrastructure for you; settlement and payout options vary by provider.

BTCPay Server fits better

Self-hosted and free; built for Bitcoin. Bitcoin on-chain and Lightning, with community altcoins via plugins.

Phala Pay fits

Self-hosted and free; built for ERC-20 tokens on Ethereum and Base, with verifiable attestation. You run your own Phala Cloud instance, RPC providers, and backups. There is no fiat settlement or dashboard; you own compliance.

Start a testnet instance

Sources

All accessed 2026-10-05.

How it works · pay.phala.com
README · github.com
Integration guide · pay.phala.com
Architecture · github.com
Stablecoin payments · docs.stripe.com
Pricing & fees · stripe.com
Transitioning from Coinbase Commerce to Coinbase Business · help.coinbase.com · read via archive snapshot
Welcome to Checkout APIs · docs.cdp.coinbase.com
Checkout APIs: FAQ & resources · docs.cdp.coinbase.com
Introducing a powerful suite of business payment tools on Coinbase Business · www.coinbase.com · read via archive snapshot
Checkouts API specification (OpenAPI) · docs.cdp.coinbase.com
General FAQ · docs.btcpayserver.org
Altcoins FAQ · docs.btcpayserver.org
Stores FAQ · docs.btcpayserver.org
Refunds · docs.btcpayserver.org
Greenfield API (v1) · docs.btcpayserver.org
How secure is the NOWPayments custodial solution? · nowpayments.io
Payments API · nowpayments.io
Pricing on crypto payments · nowpayments.io
Refund policy · nowpayments.io
Why use KYC/AML to accept crypto? · nowpayments.io
FAQ · docs.hel.io
Documentation index (llms.txt) · docs.hel.io
Fees · docs.hel.io
Verification · docs.hel.io