Software Alternatives, Accelerators & Startups

NOWPayments VS Lambda School

Compare NOWPayments VS Lambda School and see what are their differences

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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.

Lambda School logo Lambda School

A full Computer Science education - free until you get a job
  • 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.

  • Lambda School Landing page
    Landing page //
    2023-05-08

NOWPayments

Platforms
WooCommerce Wordpress REST API
Release Date
2019 April

Lambda School

Pricing URL
-
Platforms
-
Release Date
2017 January
Startup details
Country
United States
State
California
Founder(s)
Austen Allred
Employees
100 - 249

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.

Lambda School features and specs

  • Income Share Agreement
    Lambda School offers an Income Share Agreement (ISA), allowing students to defer tuition payments until they secure a job making at least $50,000 per year. This reduces upfront financial risk for students.
  • Remote Learning
    The program is entirely online, providing flexibility for students to learn from anywhere in the world.
  • Comprehensive Curriculum
    Lambda School offers a comprehensive curriculum that covers a wide range of in-demand tech skills, including web development, data science, and machine learning.
  • Career Services
    The school provides extensive career services, including job placement support, resume reviews, and interview preparation to help students secure employment after graduation.
  • No Upfront Cost
    Students can enroll without any upfront cost, making the program accessible to those who may not have the financial means to pay for a traditional coding boot camp.

Possible disadvantages of Lambda School

  • High Deferred Cost
    Although there are no upfront costs, the total cost of the ISA can be high, potentially up to $30,000, which is more expensive than some other coding boot camps.
  • Intensive Time Commitment
    The program is very intensive and requires full-time dedication, which can be challenging for individuals who need to balance other responsibilities such as work or family.
  • Variable Job Market
    Job placement success can vary significantly. While many students do find jobs, some may struggle, particularly in a competitive job market.
  • Risk of Debt
    If a student does not secure a high-paying job immediately, the deferred tuition can become a financial burden, particularly if the student is unable to make the minimum required salary.
  • Limited Financial Assistance
    Since the program relies heavily on ISAs, there may be limited options for students seeking traditional financial assistance or loans.

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.

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)

Lambda School videos

Lambda School Coding Bootcamp Worth The Money or SCAM

More videos:

  • Review - Lambda School: The Good, The Bad, and The Ugly
  • Review - Was Lambda School Worth It? His Life has TOTALLY changed | #grindreel #lambdaschool

Category Popularity

0-100% (relative to NOWPayments and Lambda School)
Cryptocurrencies
100 100%
0% 0
Education
0 0%
100% 100
Crypto Payments
100 100%
0% 0
Online Learning
0 0%
100% 100

Questions & Answers

As answered by people managing NOWPayments and Lambda School.

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 Lambda School. For example, how are they different and which one is better?
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Reviews

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

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

Lambda School Reviews

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

Social recommendations and mentions

Based on our record, NOWPayments should be more popular than Lambda School. It has been mentiond 67 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.

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

Lambda School mentions (19)

  • Switching careers
    Https://lambdaschool.com/ - a remote-first bootcamp that has a unique way of paying. No upfront cost, but they take a % of your salary when you get a job for the first two years until you pay their full cost. Worth reading up on some of the criticism of them before signing up, though. Source: almost 5 years ago
  • LF a Certification Program
    Https://lambdaschool.com/ (these guys offer a free intro, might be good to test out and see if their style is to your liking.). Source: almost 5 years ago
  • Advice for a nurse that wants to become a programmer
    While you don't need a boot camp, I highly recommend Lambda School (https://lambdaschool.com). They charge nothing upfront and you only pay them back (17% up to $30k) when you get a high paying job. They have great partnerships with employers and help place students so that's the biggest reason I recommend them. Source: almost 5 years ago
  • Been really poor, homeless, now Iโ€™m in college and have managed to save up 3000. I want to turn this money into more money. What would you do?
    Have you considered https://lambdaschool.com/? You don't pay for tuition upfront, and they place you with a paid internship after, and if you get a job you start paying a small part of your salary to them for two years. Source: almost 5 years ago
  • Late 20โ€™s, no education, some savings, should I work full time and save a bit more or start school?
    Would you consider going through a school with an Income Share Agreement where you pay no tuition up front but pay it as part of your well paying job later? Eg https://lambdaschool.com. Source: almost 5 years ago
View more

What are some alternatives?

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

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

TripleTen - TripleTen: online part-time coding bootcamps.

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

Hack Club - Free and open source high school coding clubs ๐Ÿ‘Š๐Ÿ’ฅ

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

Holberton School - High-quality software engineering education for the many