PassimPay

What Is PassimPay? PassimPay is a business-focused cryptocurrency payment gateway that allows merchants, e-commerce stores, and service providers to accept, convert, and distribute digital asset payments. Founded in 2022, the platform is operated by a Canadian-registered entity registered with FINTRAC as a Money Services Business (MSB) under number C100000852 — a regulatory status that requires mandatory KYC and AML compliance procedures for all account holders. The service describes its model as transparent and low-cost: no subscription costs, no hidden fees, and processing fees starting at 0.5% on incoming transactions. PassimPay operates as a custodial intermediary: it receives crypto on behalf of a merchant, optionally converts it to a target asset, then routes it to a designated wallet. The platform is available to eligible businesses in 122 countries and self-reports processing over $4 billion in cumulative transaction volume at roughly 750,000 transactions per month, with a claimed 99.99% uptime across more than 530 active merchants. Blockchain and Asset Support PassimPay supports 74+ cryptocurrencies across 18+ blockchains. Supported networks include Bitcoin (BTC), Ethereum (ETH), Tron (TRC20), BNB Smart Chain, Solana, Polygon, Robinhood Chain, Hyperliquid, and ApeChain, among others. Merchants can accept a wide range of assets, such as SOL, ETH, ARB, OP, BNB, APE, LTC, and HYPE, along with stablecoins USDT, USDC, and USDG, with more tokens added regularly. Integration Options PassimPay provides 15 platform products, including 12 CMS plugins and official integration libraries, published through its GitHub organization (github.com/Passimpay). Available integrations include: - CMS plugins: Shopify, WooCommerce, Magento 2, OpenCart, PrestaShop, WHMCS, Drupal, Joomla, MODX, Shop-Script, Tilda, and Bitrix - API wrappers: PHP and Python libraries for custom integration - Payment invoices: hosted checkout pages requiring no developer setup - QR codes and static addresses: lightweight options for point-of-sale or simpler use cases The API-first architecture is documented at passimpay.io/api-doc and targets developers building custom checkout flows, payment confirmations via webhook, and withdrawal automation. Pricing Processing fees on accepted payments start at 0.5%. Stablecoin conversion is a fixed 0.2% fee, regardless of transaction volume - automatically converting incoming payments to stablecoins protects merchants from market volatility, so the value they receive doesn't fluctuate after the payment is made.