Software Alternatives & Reviews

Coinbase Commerce VS TrueLayer

Compare Coinbase Commerce VS TrueLayer and see what are their differences

Coinbase Commerce logo Coinbase Commerce

Accept BTC, ETH & other digital currencies in your business

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • Coinbase Commerce Landing page
    Landing page //
    2023-09-15
  • TrueLayer Landing page
    Landing page //
    2023-09-28

Coinbase Commerce videos

Coinbase Commerce vs Bitpay Merchant Services - The Ultimate Crypto Payment Gateway

TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Category Popularity

0-100% (relative to Coinbase Commerce and TrueLayer)
Cryptocurrencies
100 100%
0% 0
Online Payments
0 0%
100% 100
Crypto Payments
100 100%
0% 0
Fintech
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Coinbase Commerce and TrueLayer

Coinbase Commerce Reviews

Best Crypto Payment Gateways 2024
– Real-time Conversion: Coinbase Commerce offers real-time conversion of cryptocurrencies into fiat currency, mitigating price volatility concerns for merchants. This feature enables seamless transactions without the need for manual conversions or additional steps.
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
Coinbase Commerce allows small and medium scale businesses to accept crypto payments from customers. Being one of the best crypto exchange platforms, Coinbase supports a wide range of cryptocurrencies. Its Coinbase Pro platform has advanced features to serve professional traders. Businesses can create invoices, simple hosted checkouts, and Coinbase payment buttons using this...
Source: coingape.com
Top Crypto and Bitcoin Payment Processors - Accept Digital Currencies
Moreover, Coinbase Commerce charges only a 1% transaction fee, which is insignificant compared to the benefits it provides. It’s important to mention here that Coinbase Commerce offers the first US$1 million worth of transactions for free, making it one of the cheapest payment processors available today. All in all, if you’re seeking a professional and reliable payment...
Source: originstamp.com

TrueLayer Reviews

We have no reviews of TrueLayer yet.
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Social recommendations and mentions

Based on our record, Coinbase Commerce seems to be a lot more popular than TrueLayer. While we know about 55 links to Coinbase Commerce, we've tracked only 4 mentions of TrueLayer. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Coinbase Commerce mentions (55)

  • My website want to accept Ethereum as payment
    Came here to say this - try Coinbase Commerce Http://commerce.coinbase.com/. Source: over 1 year ago
  • What did I do wrong with this ETH transaction, and what should I change?
    Have you thought about making a Coinbase Commerce account? It would be a great way to set up payments for your business: Https://commerce.coinbase.com/. Source: over 1 year ago
  • How to Accept Crypto Payments in a Next.js Application using Coinbase Commerce
    Currently, coinbase commerce doesn’t have a sandbox or a testing environment, so we will have to allow our testing with live API keys and real cryptocurrencies. So log in to your coinbase commerce account, click on the profile icon on the top right corner of the page, then click on settings. - Source: dev.to / over 1 year ago
  • Ask HN: Which startups have the most interesting pivot stories?
    They actually got to that part pretty early on I think. They had a feature that allowed businesses to accept crypto through them and receive plain old fiat payouts to the bank account. It's still there nowadays, too: https://commerce.coinbase.com/. - Source: Hacker News / over 1 year ago
  • My Eth is Internal Transaction, what to do next?
    If you're processing Ethereum payments, then just switch to another processor like (Poof or CB commerce). Bitpay's been known to be sht. Source: over 1 year ago
View more

TrueLayer mentions (4)

  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

What are some alternatives?

When comparing Coinbase Commerce and TrueLayer, you can also consider the following products

BitPay - Bitcoin payment gateway. Enterprise-grade solutions, from the pioneer of bitcoin payments.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

CoinGate - CoinGate is a payment gateway for Bitcoin, XRP, Litecoin, Ethereum and 50 other cryptocurrencies.

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

NOWPayments - NOWPayments is a crypto payment gateway that supports more than 250 cryptocurrencies, including fiat, and offers simple tools to accept crypto payments, like a crypto API, plugins, invoices.

Teller API - A single API to connect your app with any bank's account