Software Alternatives, Accelerators & Startups

FastAPI VS NOWPayments

Compare FastAPI VS NOWPayments and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

FastAPI logo FastAPI

FastAPI is an Open Source, modern, fast (high-performance), web framework for building APIs with Python 3.6+ based on standard Python type hints.

NOWPayments logo NOWPayments

NOWPayments is a crypto payment gateway that supports more than 300 cryptocurrencies, including fiat, and offers simple tools to accept crypto payments, like a crypto payments API, plugins, invoices.
  • FastAPI Landing page
    Landing page //
    2023-05-14
  • NOWPayments Landing page
    Landing page //
    2023-07-09

NOWPayments is a crypto payment gateway that lets all types of businesses accept payments in 300+ cryptocurrencies, with auto coin conversion and fiat conversion available.

Pricing: 0,5% transaction fee + 0,5% exchange fee if exchange is needed. The platform also supports fiat conversion: allowing users to pay in fiat currencies, and merchants to accept crypto, and vice versa.

NOWPayments offers tools for accepting payments: - API - Invoices - Billing (recurring payments) - E-commerce plugins - Web-based point-of-sale for physical stores

NOWPayments also has donation tools: - Donation button (customizable) - Donation widget - Customizable donation link - Donation button for Twitch streamers

NOWPayments has a solution for payouts: mass payouts + custody if needed

NOWPayments has developed a special custody solution: allowing merchants to create and manage deposit accounts for their customers

NOWPayments offers customized solutions for different industries: - Gaming - Gambling - Trading Platforms - Adult Industry - PSP - E-commerce T- oken Generation Events - and we can develop custom solutions for your needs.

Benefits - 250+ assets available for cross-chain payments (converted automatically) - and more coming - Listing requests accepted - Instant settlements - Fixed rate - Low fees - Micropayments possible - Fiat on/off ramp possible - Customizable solutions for industries - 24/7 support - Personal Account managers - Non-custodial and custodial flows available - Part of a bigger NOW ecosystem: ChangeNOW exchange service, NOWNodes, NOW Wallet, etc - Marketing support

NOWPayments is a non-custodial payment gateway, which means that all your payments will be instantly transferred to your own wallet that only you can have access to.

FastAPI

Pricing URL
-
$ Details
free
Platforms
-
Release Date
-
Startup details
Country
Colombia

NOWPayments

$ Details
-
Platforms
WooCommerce Wordpress REST API
Release Date
2019 April

FastAPI features and specs

  • High Performance
    Built on Starlette and Pydantic, FastAPI is one of the fastest frameworks for Python, providing high performance due to its asynchronous request handling.
  • Automatic Interactive API Documentation
    FastAPI automatically generates interactive API documentation via Swagger UI and ReDoc, which are very helpful for development and testing.
  • Type Checking and Validation
    With Pydantic models and Python type hints, FastAPI provides automatic data validation and type checking, reducing the chance of runtime errors.
  • Ease of Use
    Its syntax and design make it easy to learn for Python developers, offering a smooth development experience while reducing boilerplate code.
  • Asynchronous Support
    FastAPI supports asynchronous programming, allowing for better performance for I/O-bound operations, making it optimal for handling many simultaneous connections.
  • Extensive Documentation
    It has comprehensive and well-structured documentation, which is very useful for both beginners and advanced users.
  • Community and Ecosystem
    FastAPI has a growing community and ecosystem, with many plugins and integrations available to extend its functionality.

Possible disadvantages of FastAPI

  • Learning Curve for Asynchronous Programming
    Although FastAPI itself is easy to learn, grasping the concepts of asynchronous programming in Python can be challenging for beginners.
  • Complex Dependencies
    Using Pydantic for advanced validation can make the request models complex, requiring a deeper understanding of Pydantic and its functionalities.
  • Early Stage Libraries
    Some third-party libraries and extensions specifically tailored for FastAPI might still be in early stages of development and lack long-term stability.
  • Limited Real-World Examples
    Although the documentation is extensive, there might be limited real-world examples and case studies readily available compared to more mature frameworks.
  • Deployment Complexity
    Deploying FastAPI applications might be more complex in comparison to traditional synchronous frameworks, mainly due to the need for asynchronous server setups.

NOWPayments features and specs

  • Wide Range of Supported Cryptocurrencies
    NOWPayments supports over 50 cryptocurrencies, allowing merchants and users to transact using their preferred digital assets.
  • Merchant Tools and Plugins
    NOWPayments offers a variety of integrations including APIs, an invoicing system, and plugins for popular e-commerce platforms like WooCommerce, Magento, and Shopify.
  • Non-Custodial Service
    Funds go directly to the merchant's wallet, ensuring greater security and reducing the risk associated with centralized platforms.
  • Low Fees
    The platform offers competitive transaction fees starting at 0.5%, making it an affordable choice for businesses.
  • Auto Coin Conversion
    Merchants can automatically convert received cryptocurrencies into a more stable asset or their preferred cryptocurrency.

Possible disadvantages of NOWPayments

  • Customer Support
    Although generally reliable, some users have reported delays in customer support response times during peak periods.
  • Regulatory Uncertainty
    As with any cryptocurrency service, the platform operates in a regulatory gray area in some jurisdictions, which could lead to potential compliance challenges.
  • Dependency on Cryptocurrency Volatility
    The value of cryptocurrencies can be highly volatile, posing risks for both merchants and customers in terms of transaction value fluctuations.
  • Relatively New Service
    As a relatively new player in the market, the platform may lack the extensive track record and reliability compared to more established providers.

Analysis of FastAPI

Overall verdict

  • FastAPI is widely regarded as a good choice, especially for applications that require high performance, scalability, and modern Python features. It is suitable for both simple and complex projects, making it a versatile tool in the web development ecosystem.

Why this product is good

  • FastAPI is a modern, fast (high-performance), web framework for building APIs with Python 3.7+ based on standard Python type hints. It is built on top of Starlette for web framework capabilities and Pydantic for data validation and settings management. FastAPI is known for its excellent performance, automatic generation of interactive API documentation (with Swagger and Redoc), and support for asynchronous programming. Developers appreciate its ease of use, detailed documentation, and helpful error messages.

Recommended for

  • Developers building RESTful APIs
  • Teams looking for a high-performance ASGI-based web framework
  • Projects that require asynchronous programming capabilities
  • Applications needing automatic generation of interactive API documentation
  • Python developers who prefer utilizing type hints for code clarity and validation

Analysis of NOWPayments

Overall verdict

  • NOWPayments is considered a reliable and beneficial service for cryptocurrency payments by many users.

Why this product is good

  • NOWPayments is praised for its ease of use, allowing businesses to accept a wide range of cryptocurrencies with simple integration processes. It offers competitive transaction fees and supports automatic conversion to fiat currencies, providing flexibility for businesses. Additionally, its non-custodial nature enhances security, as it does not hold the funds but directly transfers them to the merchant's wallet.

Recommended for

    NOWPayments is highly recommended for online businesses, e-commerce platforms, and any merchants looking to expand their payment options to include cryptocurrencies. It is especially beneficial for those who value security, seek to reach a global customer base, and want to offer flexible payment choices.

FastAPI videos

FastAPI from the ground up

More videos:

  • Tutorial - 30 Days of Python - Day 14 - Web App with Flask, FastAPI, ngrok, and Invictify - Python TUTORIAL
  • Review - [PT] Python - API com FastAPI - Chat | twitch.tv/codeshow

NOWPayments videos

What is NOWPayments

More videos:

  • Review - What is NOWPayments? | Accept Crypto Payments | Crypto Merchant Processor | Process Crypto Payments
  • Tutorial - How to Setup NOWPayments Crypto Donation Button on Your Website (2021)

Category Popularity

0-100% (relative to FastAPI and NOWPayments)
Developer Tools
100 100%
0% 0
Cryptocurrencies
0 0%
100% 100
API Tools
100 100%
0% 0
Crypto Payments
0 0%
100% 100

Questions & Answers

As answered by people managing FastAPI and NOWPayments.

What makes your product unique?

NOWPayments's answer:

300+ currencies, cross-chain payments, fiat on-ramp and off-ramp. Multiple crypto payment tools, custom solutions for various industries.

Why should a person choose your product over its competitors?

NOWPayments's answer:

  • lower fees
  • more currencies supported
  • 24/7 support
  • transparent fee system, no hidden fees
  • listing possibilities
  • custom features

How would you describe the primary audience of your product?

NOWPayments's answer:

Businesses and individuals that would like to accept crypto

Who are some of the biggest customers of your product?

NOWPayments's answer:

For example, Travala crypto travel platform

User comments

Share your experience with using FastAPI and NOWPayments. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare FastAPI and NOWPayments

FastAPI Reviews

  1. Kurslog team
    ยท Working at Kurslog ยท

    When our backend team needs to build services for data parsing, aggregators, or high-load APIs, FastAPI is our absolute go-to choice. It completely lives up to its name-development speed is outstanding.

    The combination of Pydantic for data validation and built-in async support keeps our shared codebase clean, strictly typed, and reliable. But the biggest highlight for our cross-functional team is the automatic generation of interactive OpenAPI (Swagger) documentation. Our frontend and mobile developers no longer have to wait for backend engineers to manually update API docs; everything stays perfectly in sync automatically. It has drastically improved our team's communication and delivery speed.

    ๐Ÿ Competitors: Django, Flask, ExpressJS, Nest.js, Spring Boot
    ๐Ÿ‘ Pros:    Blazing fast performance (on par with nodejs and go)|Native asynchronous support out of the box|Automatic, interactive documentation generation (swagger/redoc)|Strict typing and data validation with pydantic
    ๐Ÿ‘Ž Cons:    Smaller plug-and-play ecosystem compared to older frameworks like django|Requires our architects to design the project structure and directory layout from scratch

The 20 Best Laravel Alternatives for Web Development
FastAPI, as the name hints, is a swift mover. Built on Starlette, itโ€™s all about speed and performance with Python. Crafting API masterpieces at the speed of light, now thatโ€™s something.
25 Python Frameworks to Master
Since its release in 2018, it has rapidly gained popularity due to its great performance and simplicity. In fact, according to PyPi Stats, FastAPI has over 9 million monthly downloads, surpassing even full-stack frameworks like Django.
Source: kinsta.com
3 Web Frameworks to Use With Python
myapp/ is the main directory of your FastAPI application. It includes all the other files and directories needed for the application.static/ is a directory used to store static assets such as CSS, JavaScript, and image files. These assets are served directly by the web server and are typically used to add visual styling and interactivity to the application.css/, img/, js/...
Best Alternatives to FastAPI App Free for Windows (2021)
FastAPI Alternative โ€“ So many alternatives app to FastAPI that you must to know out there. And, looking for an ideal software was not easy matter. Lucky you, at this page you can find the best replacement app for FastAPI. So what you are waiting for, get the latest FastAPI alternative app for Windows 10 from this page.
Top 5 Back-End Frameworks to Consider for Web Development in 2021
FastAPI is a modern, fast (high-performance), web framework for building APIs with Python 3.6+ based on standard Python type hints. It is fast when compared to other major Python frameworks like Flask and Django. FastAPI gives great flexibility to fulfill businessesโ€™ API needs in todayโ€™s evolving world.

NOWPayments Reviews

Best Crypto Payment Gateways 2024
In the ever-evolving landscape of digital transactions, choosing the right payment gateway is paramount for businesses aiming to leverage the power of cryptocurrencies. As the market matures, demands for reliability, security, and efficiency have soared, making it imperative for businesses to align with the best-in-class solutions. Among the myriad of options available,...
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
NowPayments is a well-known crypto payment gateway established by ChangeNow, one of the top crypto swapping sites, in 2019. The platform offers low transaction fees and also offers non-custodial services for users who would like to have complete control over their funds. Businesses can easily integrate NOWPayments API to their platforms and benefit from its additional tools...
Source: coingape.com

Social recommendations and mentions

Based on our record, FastAPI should be more popular than NOWPayments. It has been mentiond 312 times since March 2021. 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.

FastAPI mentions (312)

  • I Built My First Machine Learning API โ€” Here's Everything I Learned
    I used FastAPI, a Python framework built specifically for creating APIs quickly, with automatic validation and interactive documentation baked in. - Source: dev.to / 3 days ago
  • Shipping Sovereign SDK: Cryptographic Forensic Receipts and the End of the AI "Prose Tax"
    The Sovereign SDK is a Python-native framework designed to minimize prose overhead while generating ironclad, cryptographic execution receipts for AI agents, complete with drop-in FastAPI/Starlette ASGI middleware. - Source: dev.to / 3 months ago
  • 5-Minute AI Jobs and Closed Tabs โ€” Why We Built Replay-Then-Tail SSE
    We had a feature in production where a single user request could run for five-plus minutes โ€” fetch documents, chunk them, hit an LLM per chunk, synthesize a final answer. We did the obvious thing first: a FastAPI handler that ran the pipeline and streamed progress back to the browser over Server-Sent Events. - Source: dev.to / 4 months ago
  • FastAPI With LangChain and MongoDB
    FastAPI is a Python framework for building APIs quickly, efficiently, and with very little code. - Source: dev.to / 4 months ago
  • I Built A " CrowdSense AI " : A Scalable, Context-Aware Platform for Smart Stadiums
    Backend: Python-based FastAPI for its asynchronous I/O capabilities and rapid JSON serialization. - Source: dev.to / 4 months ago
View more

NOWPayments mentions (67)

  • Want to accept crypto for my business, how to handle it best?
    I looked at this for my business as well, I ended up using crypto.com which to date nobody has used and https://nowpayments.io/ which many people have used. Source: over 2 years ago
  • Looking where to buy some hoge?
    Https://nowpayments.io/ Have a store and want to accept crypto such as HOGE? NowPayments has you covered. Source: about 3 years ago
  • NowPayments.io adding PLS soon means PLS payments on: Shopify, WooCommerce, Brick & Mortar POS Terminals, Donation Websites, Casinos, Fiat On Ramps and much more!
    It's looking like PowerCity's PixelPark is trying to beat Mintra to market as the first major NFT Marketplace soon on PulseChain as they have partnered with NowPayments.io to handle their payment processing:. Source: about 3 years ago
  • FOSS PayPal/Stripe?
    This is as close to foss as I can get my payment processing right now. I love it but it obviously limits the purchaser poolโ€ฆ. Source: over 3 years ago
  • Launching a business website, Need to integrate Crypto payment options
    I have a buddy who uses https://nowpayments.io/ and likes it. Source: over 3 years ago
View more

What are some alternatives?

When comparing FastAPI and NOWPayments, you can also consider the following products

Flask - a microframework for Python based on Werkzeug, Jinja 2 and good intentions.

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

ExpressJS - Sinatra inspired web development framework for node.js -- insanely fast, flexible, and simple

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

Django - The Web framework for perfectionists with deadlines

CoinPayments - Payment gateway providing buy now buttons, shopping carts, and more to accept Bitcoin, Litecoin, and other cryptocurrencies/altcoins on your website/online store.