What fees are associated with using BitPay?

BitPay charges a flat 1% settlement fee for all transactions conducted through its platform. This fee covers all processing and settlement costs, eliminating the need for any additional charges. It applies regardless of whether payments are received in cryptocurrency or converted into fiat currency. Furthermore, BitPay does not impose any network deposit fees, ensuring that the entire payment amount reaches the recipient. However, it is worth noting that additional fees may be applicable if users opt for BitPay's prepaid Visa card, such as cardholder fees. To ensure transparency, BitPay provides a comprehensive fee schedule on its website, allowing users to have a clear understanding of all costs associated with their transactions.