Comparison

Payzum vs Coinbase Commerce (now Coinbase Business)

In short: Coinbase Commerce closed on March 31, 2026, and Coinbase moved merchants to Coinbase Business, a custodial account for US and Singapore companies. It settles every payment in USDC and can cash out to a bank. Payzum is non-custodial and settles each payment on-chain to a wallet the merchant controls.

Checked on October 21, 2026. Prices and features change, so confirm on each provider's site before you decide.

Payzum and Coinbase Commerce (now Coinbase Business) side by side

FeaturePayzumCoinbase Commerce (now Coinbase Business)
Fee per payment0.5% per processed sale, deducted from the amount received, plus network gas.A fee applies to each completed payment, and Coinbase shows the current rate only inside the account (October 2026). Its October 2025 launch quoted 1%, kept for merchants migrating from Commerce. [2]
Other feesAuto-conversion, mass payouts and x402 are quoted on request.No application fee. Automatic USDC to USD conversion carries a fee shown only in the account. ACH deposits are free, and no Business bank withdrawal fee is published. [2]
Who holds the fundsNon-custodial: each payment settles on-chain straight to the merchant's own wallet.Custodial. Payments settle as USDC into a Coinbase Business account that Coinbase holds for you. The self-custodial Commerce wallets were retired on March 31, 2026. [1]
Payout to a bank accountNo. Payzum is crypto-only; you can auto-convert to USDC or USDT.Yes. USDC converts to USD and goes by ACH or wire to a linked bank in the business name, manually or on a schedule. Open to US and Singapore companies (October 2026). [9]
USDC and USDTYes, on Ethereum, Solana, Polygon, Base, Arbitrum, Optimism, BNB Chain and Avalanche.USDC on Ethereum, Base, Polygon, Optimism, Avalanche or Arbitrum, and USDT on Ethereum since August 2026 (US and select regions). Everything settles as USDC. The payments suite is stablecoin only. [2]
Store plugins and API29 open-source integrations (WooCommerce, Shopify, Magento, WHMCS and more), SDKs, REST API, signed webhooks.Plugins for WooCommerce, Magento (Adobe Commerce) and WHMCS, plus Checkouts, Payment Links, Invoicing and Payouts APIs with webhooks. Payment links and invoices also work without code. [3]
In-person point of saleYes: a fresh QR per sale, any phone as a terminal, PIN cashiers.Coinbase Business lists no point-of-sale product as of October 2026. A payment link can be shared as a QR code, and reusable links arrived in August 2026. [11]
Mass payoutsYes: CSV payouts in BTC, LTC and DOGE, and stablecoin payouts on EVM networks.Yes. Send USDC to a wallet, ENS name or email from the dashboard, or automate payouts by API. Free on Base, Polygon, Optimism and Arbitrum; Ethereum may need a network fee. [4]
AI agents (x402)Yes: x402 proxy in front of your API, settled through an external facilitator.Yes. Since August 2026, API checkouts return an x402 URL that agents pay in USDC on Base. Coinbase also runs the x402 facilitator that Payzum's x402 proxy currently settles through. [7]
Account verificationSign up, then complete the account verification that applies.KYB for the business and KYC for its owners before activation. You need a US or Singapore entity, formation documents, a tax ID, a recent bank statement and ID for each 25% owner. [9]
Hosted or self-hostedHosted service.Hosted service. Coinbase runs the Coinbase Business dashboard and APIs, and it does not offer a self-hosted version. [14]

When Coinbase Commerce (now Coinbase Business) is the better choice

  • Your company is in the US or Singapore and you want stablecoin sales turned into dollars in your bank from one account.
  • You want idle USDC to earn rewards, listed at 3.60% APY in October 2026, alongside trading and invoicing.
  • Your buyers can pay USDC on Base without holding gas, and USDC payouts are free on several networks.

When Payzum is the better choice

  • Each payment settles on-chain straight to a wallet you control, and Payzum never holds the funds.
  • You want to accept payments on Bitcoin, Solana and EVM networks at a published 0.5% per sale plus gas.
  • You need an in-store point of sale with a fresh QR per sale and PIN cashiers, or a plugin for Shopify, PrestaShop, Shopware 6 and other platforms.

Questions about switching

Can I still use Coinbase Commerce?

No. Coinbase closed the Commerce portal on March 31, 2026. US and Singapore businesses could move to Coinbase Business, and merchants elsewhere were told to find another provider.

Which one can pay me out to my bank?

Coinbase Business converts USDC to USD and sends it to a linked bank by ACH or wire, for US and Singapore companies. Payzum settles in crypto only, with optional auto-conversion to USDC or USDT.

How do the fees compare?

Payzum charges 0.5% per sale, deducted from the amount received, plus network gas. Coinbase Business shows its per-payment fee only inside the account. It quoted 1% in October 2025.

Sources

  1. https://help.coinbase.com/en/transitioning-from-coinbase-commerce-to-coinbase-business
  2. https://www.coinbase.com/business/payments
  3. https://www.coinbase.com/business/features-checkouts
  4. https://www.coinbase.com/business/features-payouts
  5. https://www.coinbase.com/blog/introducing-a-powerful-suite-of-business-payment-tools-on-coinbase-business
  6. https://www.coinbase.com/blog/getting-paid-in-crypto-just-got-a-lot-more-powerful-with-coinbase-business
  7. https://docs.cdp.coinbase.com/coinbase-business/checkout-apis/accept-x402-payments
  8. https://docs.cdp.coinbase.com/x402/seller/facilitator
  9. https://help.coinbase.com/en/coinbase/other-topics/business/business-overview
  10. https://help.coinbase.com/en/coinbase/other-topics/business/application-requirements
  11. https://help.coinbase.com/en/coinbase/other-topics/business/payment-links-invoices
  12. https://help.coinbase.com/en/coinbase/trading-and-funding/coinbase-business/ach-coinbase-business
  13. https://help.coinbase.com/en/coinbase/other-topics/business/fund-your-account
  14. https://www.coinbase.com/business

More comparisons and guides: Other Coinbase Commerce (now Coinbase Business) alternatives · All comparisons · Payzum pricing.

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