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NOWPayments VS Backbase

Compare NOWPayments VS Backbase and see what are their differences

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.

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0 reviews
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Backbase

Backbase delivers a customer experience platform to enterprises that want to deliver a superior customer experience.

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Which is more popular?

Based on our record, NOWPayments seems to be more popular. It has been mentioned 67 times since March 2021.

social mentions
67 vs 0
Crypto Payments popularity
100% vs 0%
alternatives listed
240+ vs 78

Base details

Website, pricing, platforms and company facts side by side.

NOWPayments
Backbase
Website nowpayments.io backbase.com
Pricing
Official pricing
—
Platforms
WooCommerce Wordpress REST API
—
Company 2019 —
Listed in
Online Payments Cryptocurrencies Crypto Payments Fintech Payment Gateways +2
Finance Online Payments Web Analytics Analytics +1

About NOWPayments and Backbase

In their own words, as submitted to SaaSHub.

NOWPayments
Backbase

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:...

Read more about NOWPayments

No description of Backbase yet.

Features and specs

What each product offers, as listed by its team.

NOWPayments 5 features
Backbase 4 features
  • 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

  • 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.
  • Comprehensive Customer Experience
    Backbase excels in providing a comprehensive omnichannel customer experience. Its platform facilitates seamless interactions across multiple channels, enhancing customer engagement and satisfaction.
  • Flexible Digital Banking Platform
    The platform is highly configurable and modular, allowing banks and financial institutions to tailor their digital services to specific needs without extensive custom development.
  • Fast Time to Market
    Backbase offers pre-built templates and accelerators which help organizations to significantly reduce the time required to deploy new digital banking features and services.
  • Innovative Features
    Backbase provides numerous innovative tools and features such as customer insights and engagement tools, which help banks to offer more personalized and competitive services.

Possible disadvantages

  • Complex Implementation
    Due to its comprehensive nature and wide array of features, implementing Backbase can be complex and may require significant technical expertise and time.
  • Cost Concerns
    The robust capabilities of Backbase come at a premium price, which might be a concern for smaller banks or those with limited budgets.
  • Resource Intensive
    Maintaining and managing Backbase's platform can require significant IT resources, both in terms of personnel and infrastructure.
  • Steep Learning Curve
    The extensive features and customization options of Backbase may lead to a steep learning curve for users, requiring additional training and adaptation time.

Analysis

An editorial look at what each product does well and who it suits.

NOWPayments
Backbase

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.

No analysis of Backbase yet.

Videos

Walkthroughs and reviews on video.

NOWPayments 3 videos + Add
Backbase 2 videos + Add

What is NOWPayments

More videos

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

Backbase On-Demand Webinar Banking 2025

More videos

  • - How to Use Cashbackbase to Get Free Products to Resell Online for 100% Profit Margin

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
NOWPayments
Backbase
100% 100%
Crypto Payments
0% 0%
0% 0%
Finance
100% 100%
100% 100%
Cryptocurrencies
0% 0%
0% 0%
Banking Tech
100% 100%

Questions & Answers

As answered by people managing NOWPayments and Backbase.

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 NOWPayments and Backbase. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

NOWPayments no reviews yet
Backbase no reviews yet

We have no reviews of Backbase yet. Be the first one to post

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

NOWPayments 67 mentions
Backbase 0 mentions
  • 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: almost 3 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: over 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: over 3 years ago

View more

Tracking Backbase since Mar 2021.

Alternatives to NOWPayments and Backbase

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

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