Blockonomics vs. PayPal Comparison


Blockonomics	PayPal	+	+
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About Blockonomics enables online stores to accept bitcoin payments on their website. The payments go directly to your BTC wallet making it completely decentralized. There is no KYC involved and no limitation on the BTC amount that can be received. The entire setup takes less than 5 minutes and you get a beautiful checkout experience with the payment screen that integrates with your website's theme, additionally, there are no redirects to an external page to complete the checkout. Plugins are available for all major website builders and payment API for custom websites. Blockonomics also offer payment buttons that can be embedded on any custom website and payment links that are easily shared online. Additional services include bitcoin invoices and block explorer. There are a variety of tutorials available to get you started plus a 24 X 7 live support. Blockonomics charges a nominal fee of 1% for all transactions with the first 20 transactions free. Download the free plugin now.	About PayPal is a widely used digital payment platform that helps individuals and businesses send, receive, and manage money online and in stores. The platform offers flexible payment solutions including Pay in 4, Pay Monthly, debit cards, cashback credit cards, and savings accounts with competitive APY rates. Users can shop securely online using PayPal checkout while earning cashback rewards and special offers from popular brands and retailers. PayPal also allows customers to transfer money internationally, split bills with friends, request payments, and create shared money pools for group expenses. The mobile app provides a centralized experience where users can manage payments, savings, rewards, and cryptocurrency transactions in one place. Security and privacy are heavily emphasized through encrypted payments and protection of financial information during transactions.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Businesses looking to accept Bitcoin payments on their e-commerce site	Audience PayPal is designed for consumers, online shoppers, freelancers, and businesses seeking secure digital payments, flexible financing options, and convenient money management tools
Support Phone Support Supported 24/7 Live Support Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing 20 Free Transactions + 1% Fee Blockonomics is free to try for the first 20 payments received in Bitcoin. Afterwards, merchants pay a 1% fee per transaction. Free Version Not Supported Free Trial Supported	Pricing Free Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 4.7 / 5 ease 4.7 / 5 features 4.5 / 5 design 4.5 / 5 support 4.7 / 5 Read all reviews	Reviews/Ratings Overall 4.3 / 5 ease 4.5 / 5 features 4.3 / 5 design 4.6 / 5 support 3.9 / 5 Read all reviews
Pros & Cons from Real Users Pros I am from Nepal. There is no such any international payment gateway. Years of struggle is solved by this in just 5 minutes. Super amazing. When I had issues installing and setting up, support was right there- immediately. The support I got was far more than expected. Since I use ThirtyBees, which is kind of like PrestaShop, they actually went as far as installing a ThirtyBees site to test it with so my error could be fixed. And sure enough, it was. Amazing, and I am so very happy to have them on my website, Used for my in order to accept BTC payments and now working great. Everything is perfectly coded and great. Blockonomics is the best site in the world They accept BTC. They accept all crypto. Low fees. Very good and perfect Even a retired investment professional assimilates the clear well formulated process cryptocurrency transactions flow as autonomy for every experience level! Cons It solved my payment problem. No cons at all. now i can receive my payment from around the globe. I loved every single thing about it. No complaints Nothing to say. Everything was just as i expected. They are the best BTC payment processor. Really the best. This field of input is not relevant to my experiences and thats straight up!	Pros & Cons from Real Users Pros As an independent professional, I rely on PayPal as my primary gateway for receiving cross-border payments from international clients. The platform's automated withdrawal system to local Indian bank account is incredibly efficient, ensuring that my business cash flow remains consistent. Its robust security and KYC protocols provide the peace of mind necessary for managing high-value global transactions. PayPal is a safe and convenient online payment method that offers many benefits. Here are some of the benefits of PayPal: 1. Security: PayPal uses advanced encryption technology to protect payment information to ensure secure online transactions. 2. Speed: PayPal facilitates online payments by allowing users to pay quickly and easily. 3. Accessibility: PayPal is available in many countries around the world and is accepted by many online merchants. 4. Buyer protection: PayPal provides buyer protection that allows consumers to be reimbursed for fraudulent transactions. 5. No transaction fees: PayPal does not charge fees for transactions between PayPal accounts, allowing users to transfer money easily and at no additional cost. I like how quick and accessible it is I’ve been using it for a long time now, it’s good, I also like how I don’t have to remember card numbers. I like its worldwide acceptance and its ability to get different currency into one local currency and that into associated bank account. Convenient to use. You can pay and receive money from anywhere in the world. Financing is also good. Cons The main drawback is the currency conversion rat, which is often less competitive than mid-market rates for international transfers. Furthermore, while security is a plus, the occasional 24-hour hold on funds can be challenge when managing immediate operational expenses for a small business. Some of the disadvantages of PayPal are: 1. High fees: PayPal often charges higher fees than other online payment options available. 2. Account Freezing Option: PayPal may freeze your account if you make a transaction that may constitute fraud or if you use the service inappropriately. 3. Processing delays: Technical or security issues can sometimes lead to delays in processing payments and refunds. 4. Foreign exchange charges: If you make international payments with PayPal, you may have to pay additional foreign exchange charges. 5. Transaction limits: PayPal may place limits on the amount of money you can send or receive. 6. Potential loss of buyer protection: If you make a payment outside of PayPal, you may lose the buyer protection offered by PayPal. I didn’t have any dislikes really except I don’t really like having to put my email in every time I wish it was only the password. It cuts slightly high tax otherwise nothing to complain about. I changed my account now, but my account was hacked once. Fortunately, there was no financial damage because I did not put any account information, but it was almost a disaster. After that, the safety device that goes through several steps is rather reassuring.
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Supported In Person Not Supported
Company Information Blockonomics Founded: 2014 www.blockonomics.co/merchants	Company Information PayPal Founded: 1998 United States www.paypal.com
Alternatives GrineoPay	Alternatives Square Payments Block
Speed	FreshBooks
Whalestack Whalestack LLC	BILL
PayPal	Tazapay
Razorpay View All	Sila View All
Categories Crypto Supported Cryptocurrency Payment Supported Mobile Payment Supported Payment Gateways Supported Payment Processing Supported	Categories B2B Payment Supported Cross-Border Payment Supported Digital Wallets Supported Mobile Payment Supported Money Transfer Supported Payment Gateways Supported Payment Processing Supported
Payment Processing Features ACH Check Transactions Not Supported Bitcoin Compatible Supported Debit Card Support Not Supported Gift Card Management Not Supported Mobile Payments Supported Online Payments Supported POS Transactions Not Supported Receipt Printing Not Supported Recurring Billing Not Supported Signature Capture Not Supported	Mobile Payment Features ACH Support Supported Contactless / NFC Supported Credit Card Support Supported Cryptocurrency Support Supported Debit Card Support Supported eCommerce Payments Supported In-App Payments Supported In-Store Payments Supported Micropayments Not Supported P2P Payments Supported Payment Gateways Features ACH / eCheck support Supported Buyer Authentication Supported Credit / Debit Support Supported Customer Information Storage Supported Fraud Prevention Supported Invoicing Supported Multi-Currency Supported PCI Compliance Supported Point-of-Sale (POS) Not Supported Recurring Billing / Subscriptions Supported Reporting / Analytics Supported Payment Processing Features ACH Check Transactions Not Supported Bitcoin Compatible Not Supported Debit Card Support Supported Gift Card Management Not Supported Mobile Payments Supported Online Payments Supported POS Transactions Supported Receipt Printing Supported Recurring Billing Supported Signature Capture Supported
Integrations Bitcoin Supported OpenCart Supported Squarespace Supported Wix Supported WordPress Supported ACH Payments Not Supported Acelle Mail Not Supported Aritic PinPoint Not Supported Buzz to the Rescues Not Supported CaterShark Not Supported ClickMeeting Not Supported FastAccounts Not Supported Hyros Not Supported Livestock Auction Software Not Supported PowerLMS Not Supported Rockads Not Supported Sage 200 Not Supported Scrile Connect Not Supported SkySystemz Not Supported SquareStack Not Supported Show More Integrations View All 9 Integrations	Integrations Bitcoin Supported OpenCart Supported Squarespace Supported Wix Supported WordPress Supported ACH Payments Supported Acelle Mail Supported Aritic PinPoint Supported Buzz to the Rescues Supported CaterShark Supported ClickMeeting Supported FastAccounts Supported Hyros Supported Livestock Auction Software Supported PowerLMS Supported Rockads Supported Sage 200 Supported Scrile Connect Supported SkySystemz Supported SquareStack Supported Show More Integrations View All 1872 Integrations
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