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Best Blockchain Payment Systems

Brandon Summers-Miller
BS
Researched and written by Brandon Summers-Miller

Blockchain payment systems are used to facilitate, process, and verify transactions made on a blockchain or distributed ledger system. These tools may be designed for individuals, businesses, or financial institutions, and will have a few differing features depending on the use case. Across all uses, blockchain payment solutions allow customers to quickly and securely make transactions on a blockchain.

Companies choose to use blockchain payment solutions for a number of reasons. Some tools enable the creation of smart contracts, or protocols used to facilitate, verify, and enforce transactions. These contracts are well documented and provide a higher level of traceability. These forms of payment are also quicker than traditional tools since they do not require a financial institution and transactions can be completed across country borders with ease.

Some of the less complex and customizable blockchain payment products offer a product similar to payment gateways. The only difference here is the documentation and traceability provided by the blockchain and the simplified international payment process. These tools can also get confused with cryptocurrency exchanges, but those tools are not used for trading anything except cryptocurrencies such as bitcoin or ethereum.

To qualify for inclusion in the Blockchain Payments systems category, a product must:

Be built upon on a blockchain-based platform or distributed ledger technology (DLT) system
Process and authenticate transactions on a blockchain
Facilitate transactions without a financial institution, bank, or other third-party verification service

Best Blockchain Payment Systems At A Glance

Highest User Satisfaction:
Best Free Software:

G2 takes pride in showing unbiased reviews on user satisfaction in our ratings and reports. We do not allow paid placements in any of our ratings, rankings, or reports. Learn about our scoring methodologies.

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65 Listings in Blockchain Payments Available
Entry Level Price:Free
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Zengo is a type of self-custodial cryptocurrency wallet solution designed to help users securely manage and store their digital assets without the vulnerabilities associated with traditional seed phra

    Users
    No information available
    Industries
    • Financial Services
    • Accounting
    Market Segment
    • 95% Small-Business
    • 5% Mid-Market
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • Zengo Wallet Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    118
    Security
    57
    Customer Support
    37
    Transaction Speed
    30
    Speed
    28
    Cons
    Limited Cryptocurrencies
    39
    Crypto Limitations
    25
    Slow Transactions
    18
    High Fees
    16
    Limited Options
    15
  • What G2 Users Think
    Expand/Collapse What G2 Users Think
  • User Sentiment
    How are these determined?Information
    These insights are written by G2's Market Research team, using actual user reviews for Zengo Wallet, left between February 2022 and June 2022.
    • Reviewers appreciate ZenGo’s transparent fees for gas prices and appreciate the ability to select from numerous options
    • Reviewers found ZenGo to be extremely user friendly and suggest it as an approachable solution for novice traders
    • Reviewers value the product’s security features citing benefits such as biometric authentication, key protection system, and secure payments
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Company Website
    Year Founded
    2018
    HQ Location
    Tel Aviv, IL
    Twitter
    @ZenGo
    42,451 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    56 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Zengo is a type of self-custodial cryptocurrency wallet solution designed to help users securely manage and store their digital assets without the vulnerabilities associated with traditional seed phra

Users
No information available
Industries
  • Financial Services
  • Accounting
Market Segment
  • 95% Small-Business
  • 5% Mid-Market
Zengo Wallet Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
118
Security
57
Customer Support
37
Transaction Speed
30
Speed
28
Cons
Limited Cryptocurrencies
39
Crypto Limitations
25
Slow Transactions
18
High Fees
16
Limited Options
15
User Sentiment
How are these determined?Information
These insights are written by G2's Market Research team, using actual user reviews for Zengo Wallet, left between February 2022 and June 2022.
  • Reviewers appreciate ZenGo’s transparent fees for gas prices and appreciate the ability to select from numerous options
  • Reviewers found ZenGo to be extremely user friendly and suggest it as an approachable solution for novice traders
  • Reviewers value the product’s security features citing benefits such as biometric authentication, key protection system, and secure payments
Seller Details
Company Website
Year Founded
2018
HQ Location
Tel Aviv, IL
Twitter
@ZenGo
42,451 Twitter followers
LinkedIn® Page
www.linkedin.com
56 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    A crypto wallet & gateway to blockchain apps

    Users
    No information available
    Industries
    • Financial Services
    • Computer Software
    Market Segment
    • 93% Small-Business
    • 7% Mid-Market
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • Metamask Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    5
    User Interface
    2
    Decentralization
    1
    Easy Integrations
    1
    Easy Navigation
    1
    Cons
    High Fees
    2
    Browser Compatibility
    1
    Poor Interface
    1
    Poor Usability
    1
    Security Issues
    1
  • What G2 Users Think
    Expand/Collapse What G2 Users Think
  • User Sentiment
    How are these determined?Information
    These insights are written by G2's Market Research team, using actual user reviews for Metamask, left between February 2022 and June 2022.
    • Reviewers value the versatility of Metamask citing the ability to utilize the wallet in Google Chrome and on iOS
    • Reviewers appreciate the ease at which they were able to use Metamask to purchase and store non-fungible tokens (NFTs)
    • Reviewers found Metamask faster than most competitors in terms of both initial setup and facilitating transactions
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    CONSENSYS
    Year Founded
    2016
    HQ Location
    Brooklyn, NY
    Twitter
    @ConsenSys
    324,326 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    792 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

A crypto wallet & gateway to blockchain apps

Users
No information available
Industries
  • Financial Services
  • Computer Software
Market Segment
  • 93% Small-Business
  • 7% Mid-Market
Metamask Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
5
User Interface
2
Decentralization
1
Easy Integrations
1
Easy Navigation
1
Cons
High Fees
2
Browser Compatibility
1
Poor Interface
1
Poor Usability
1
Security Issues
1
User Sentiment
How are these determined?Information
These insights are written by G2's Market Research team, using actual user reviews for Metamask, left between February 2022 and June 2022.
  • Reviewers value the versatility of Metamask citing the ability to utilize the wallet in Google Chrome and on iOS
  • Reviewers appreciate the ease at which they were able to use Metamask to purchase and store non-fungible tokens (NFTs)
  • Reviewers found Metamask faster than most competitors in terms of both initial setup and facilitating transactions
Seller Details
Seller
CONSENSYS
Year Founded
2016
HQ Location
Brooklyn, NY
Twitter
@ConsenSys
324,326 Twitter followers
LinkedIn® Page
www.linkedin.com
792 employees on LinkedIn®

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(11)4.1 out of 5
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  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Circle is a financial technology company that issues USDC and Euro Coin - globally accessible and regulated digital currencies powered by blockchain technology. USDC and Euro Coin provide a faster, sa

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 73% Small-Business
    • 18% Mid-Market
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Circle
    Year Founded
    2013
    HQ Location
    Remote First, US
    Twitter
    @circle
    196,209 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    1,028 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Circle is a financial technology company that issues USDC and Euro Coin - globally accessible and regulated digital currencies powered by blockchain technology. USDC and Euro Coin provide a faster, sa

Users
No information available
Industries
No information available
Market Segment
  • 73% Small-Business
  • 18% Mid-Market
Seller Details
Seller
Circle
Year Founded
2013
HQ Location
Remote First, US
Twitter
@circle
196,209 Twitter followers
LinkedIn® Page
www.linkedin.com
1,028 employees on LinkedIn®
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Mastercard Blockchain facilitates new commerce opportunities for the digital transfer of value by allowing businesses and financial institutions to transact on a distributed ledger. Our technology ca

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 50% Mid-Market
    • 40% Enterprise
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Year Founded
    1966
    HQ Location
    Purchase, NY
    Twitter
    @Mastercard
    484,684 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    39,582 employees on LinkedIn®
    Ownership
    NYSE - New York Stock Exchange
Product Description
How are these determined?Information
This description is provided by the seller.

Mastercard Blockchain facilitates new commerce opportunities for the digital transfer of value by allowing businesses and financial institutions to transact on a distributed ledger. Our technology ca

Users
No information available
Industries
No information available
Market Segment
  • 50% Mid-Market
  • 40% Enterprise
Seller Details
Year Founded
1966
HQ Location
Purchase, NY
Twitter
@Mastercard
484,684 Twitter followers
LinkedIn® Page
www.linkedin.com
39,582 employees on LinkedIn®
Ownership
NYSE - New York Stock Exchange
(15)4.4 out of 5
Save to My Lists
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    We make accepting Bitcoin safe and easy Private billing, secure payments, no sign up costs and low fees

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 67% Small-Business
    • 27% Mid-Market
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • GoCoin Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Crypto Payments
    1
    Ease of Use
    1
    User Interface
    1
    Cons
    This product has not yet received any negative sentiments.
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    GoCoin
    Year Founded
    2013
    HQ Location
    Luxembourg, Isle of Man
    LinkedIn® Page
    www.linkedin.com
    1 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

We make accepting Bitcoin safe and easy Private billing, secure payments, no sign up costs and low fees

Users
No information available
Industries
No information available
Market Segment
  • 67% Small-Business
  • 27% Mid-Market
GoCoin Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Crypto Payments
1
Ease of Use
1
User Interface
1
Cons
This product has not yet received any negative sentiments.
Seller Details
Seller
GoCoin
Year Founded
2013
HQ Location
Luxembourg, Isle of Man
LinkedIn® Page
www.linkedin.com
1 employees on LinkedIn®
  • Overview
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  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    BitFury is a fully integrated Bitcoin Blockchain security and infrastructure provider.

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 60% Small-Business
    • 30% Mid-Market
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Bitfury
    Year Founded
    2011
    HQ Location
    Amsterdam, NL
    Twitter
    @BitfuryGroup
    21,038 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    87 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

BitFury is a fully integrated Bitcoin Blockchain security and infrastructure provider.

Users
No information available
Industries
No information available
Market Segment
  • 60% Small-Business
  • 30% Mid-Market
Seller Details
Seller
Bitfury
Year Founded
2011
HQ Location
Amsterdam, NL
Twitter
@BitfuryGroup
21,038 Twitter followers
LinkedIn® Page
www.linkedin.com
87 employees on LinkedIn®
(5)3.6 out of 5
Save to My Lists
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth. Tezos was built to facilitate formal verification, a technique that boosts the security of the most

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Tezos
    HQ Location
    N/A
    Twitter
    @tezos
    445,902 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    1 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Tezos is a decentralized blockchain that governs itself by establishing a true digital commonwealth. Tezos was built to facilitate formal verification, a technique that boosts the security of the most

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
Seller
Tezos
HQ Location
N/A
Twitter
@tezos
445,902 Twitter followers
LinkedIn® Page
www.linkedin.com
1 employees on LinkedIn®
Entry Level Price:Free
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    HollaEx® is an all-in-one white label crypto exchange that opens up new revenue streams for online businesses. It empowers anyone to connect to the blockchain-based finance ecosystem and launch self-b

    Users
    No information available
    Industries
    • Financial Services
    Market Segment
    • 95% Small-Business
    • 5% Mid-Market
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • HollaEx Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Ease of Use
    7
    Easy Setup
    4
    Clean Interface
    2
    Customer Support
    2
    User Experience
    2
    Cons
    Limited Options
    3
    Limited Cryptocurrencies
    2
    Missing Features
    2
    Complexity
    1
    Complex Processes
    1
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    HollaEx
    Year Founded
    2017
    HQ Location
    N/A
    Twitter
    @HollaEx
    823 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    6 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

HollaEx® is an all-in-one white label crypto exchange that opens up new revenue streams for online businesses. It empowers anyone to connect to the blockchain-based finance ecosystem and launch self-b

Users
No information available
Industries
  • Financial Services
Market Segment
  • 95% Small-Business
  • 5% Mid-Market
HollaEx Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Ease of Use
7
Easy Setup
4
Clean Interface
2
Customer Support
2
User Experience
2
Cons
Limited Options
3
Limited Cryptocurrencies
2
Missing Features
2
Complexity
1
Complex Processes
1
Seller Details
Seller
HollaEx
Year Founded
2017
HQ Location
N/A
Twitter
@HollaEx
823 Twitter followers
LinkedIn® Page
www.linkedin.com
6 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    We are software engineers with expertise in high load trading systems. We use enterprise best practices to deliver unmatched performance, reliability and security.

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Zerohub
    Year Founded
    2017
    HQ Location
    Kiev, Kiev
    Twitter
    @Zerohub_fintech
    154 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    11 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

We are software engineers with expertise in high load trading systems. We use enterprise best practices to deliver unmatched performance, reliability and security.

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
Seller
Zerohub
Year Founded
2017
HQ Location
Kiev, Kiev
Twitter
@Zerohub_fintech
154 Twitter followers
LinkedIn® Page
www.linkedin.com
11 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Powerful APIs to delight users by abstracting away blockchain complexities through gas-efficient meta-transactions

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 33% Mid-Market
    • 33% Enterprise
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Biconomy
    HQ Location
    Toronto, CA
    LinkedIn® Page
    www.linkedin.com
    40 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Powerful APIs to delight users by abstracting away blockchain complexities through gas-efficient meta-transactions

Users
No information available
Industries
No information available
Market Segment
  • 33% Mid-Market
  • 33% Enterprise
Seller Details
Seller
Biconomy
HQ Location
Toronto, CA
LinkedIn® Page
www.linkedin.com
40 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Open source, decentralized marketplace for peer-to-peer commerce using #cryptocurrency.

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 67% Small-Business
    • 33% Enterprise
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    HQ Location
    Team , OO
    Twitter
    @openbazaar
    32,197 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    8 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Open source, decentralized marketplace for peer-to-peer commerce using #cryptocurrency.

Users
No information available
Industries
No information available
Market Segment
  • 67% Small-Business
  • 33% Enterprise
Seller Details
HQ Location
Team , OO
Twitter
@openbazaar
32,197 Twitter followers
LinkedIn® Page
www.linkedin.com
8 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Block Of Code is a computer software company based out of United Kingdom.

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 67% Mid-Market
    • 33% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Year Founded
    2016
    HQ Location
    N/A
    LinkedIn® Page
    www.linkedin.com
    1 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Block Of Code is a computer software company based out of United Kingdom.

Users
No information available
Industries
No information available
Market Segment
  • 67% Mid-Market
  • 33% Small-Business
Seller Details
Year Founded
2016
HQ Location
N/A
LinkedIn® Page
www.linkedin.com
1 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    Cardano Foundation is a blockchain and cryptocurrency organisation based in Zug, Switzerland. The Foundation's core mission is to "standardise, protect and promote"‚Äã the Cardano Protocol technology.

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    Cardano
    HQ Location
    Zug, Switzerland
    Twitter
    @CardanoStiftung
    LinkedIn® Page
    www.linkedin.com
    130 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

Cardano Foundation is a blockchain and cryptocurrency organisation based in Zug, Switzerland. The Foundation's core mission is to "standardise, protect and promote"‚Äã the Cardano Protocol technology.

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
Seller
Cardano
HQ Location
Zug, Switzerland
Twitter
@CardanoStiftung
LinkedIn® Page
www.linkedin.com
130 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Product Description
    How are these determined?Information
    This description is provided by the seller.

    ChromaWay provides a platform for smart contracts and issuing and transferring assets through a blockchain.

    Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Pros and Cons
    Expand/Collapse Pros and Cons
  • ChromaWay Pros and Cons
    How are these determined?Information
    Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
    Pros
    Customer Support
    1
    Customizability
    1
    Ease of Use
    1
    Easy Setup
    1
    Implementation Ease
    1
    Cons
    Expensive
    1
    Learning Difficulty
    1
    Poor Customer Support
    1
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    Seller
    ChromaWay
    Year Founded
    2014
    HQ Location
    Stockholm, SE
    Twitter
    @chromaway
    7,430 Twitter followers
    LinkedIn® Page
    www.linkedin.com
    139 employees on LinkedIn®
Product Description
How are these determined?Information
This description is provided by the seller.

ChromaWay provides a platform for smart contracts and issuing and transferring assets through a blockchain.

Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
ChromaWay Pros and Cons
How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Customer Support
1
Customizability
1
Ease of Use
1
Easy Setup
1
Implementation Ease
1
Cons
Expensive
1
Learning Difficulty
1
Poor Customer Support
1
Seller Details
Seller
ChromaWay
Year Founded
2014
HQ Location
Stockholm, SE
Twitter
@chromaway
7,430 Twitter followers
LinkedIn® Page
www.linkedin.com
139 employees on LinkedIn®
  • Overview
    Expand/Collapse Overview
  • Users
    No information available
    Industries
    No information available
    Market Segment
    • 100% Small-Business
  • Seller Details
    Expand/Collapse Seller Details
  • Seller Details
    HQ Location
    N/A
Users
No information available
Industries
No information available
Market Segment
  • 100% Small-Business
Seller Details
HQ Location
N/A