Passimpay
- Founded
- 2022-01-01 in Warsaw, Poland
- Headquarters
- Warsaw, Poland
PassimPay is a B2B cryptocurrency and fiat payment gateway designed for global online businesses, with a strong focus on the gaming, fintech, SaaS, e-commerce, and trading sectors. Founded in 2022, the company provides a full-stack crypto payment ecosystem that enables merchants to accept, convert, and manage digital asset payments seamlessly. With over $4 billion in transaction volume processed and more than 530 merchants on its platform, PassimPay handles approximately 750,000 transactions per month while maintaining a 99.99% uptime record. The platform supports 74+ cryptocurrencies and offers automatic conversion into stablecoins, transaction batching, mass-payout tools, and full API/CMS plugin integrations. PassimPay is licensed by FINTRAC in Canada and emphasizes full AML compliance, KYC identity verification, and annual cybersecurity audits by firms like 10Guards and Hacken. The company positions itself as a reliable alternative to traditional payment processors, offering low fees, no chargebacks, and borderless transactions. Headquartered in Warsaw, Poland, PassimPay has a secondary presence in Georgia, serving a broad range of industries including retail, real estate, healthcare, renewable energy, travel, charity, legal services, and currency exchange.
Detailed Review
Technical Features and Value Proposition
PassimPay presents itself as a robust, enterprise-grade crypto payment infrastructure tailored for high-volume industries such as online gaming and trading. The platform’s core value proposition is the reduction of transaction fees by up to 80% compared to traditional card networks, combined with "no chargebacks" and "no holdbacks" policies—critical for merchants in the gaming sector where fraud and refund disputes are prevalent. The technical stack includes a well-documented API and plugins for popular CMS platforms, enabling rapid integration. Key features include invoice generation, QR code payments, static wallet addresses, regular (recurring) billing, and a multisender tool for mass payouts to multiple addresses in a single transaction. The automatic conversion feature is particularly attractive for merchants wanting to hedge against crypto volatility by converting incoming payments into preferred stablecoins.
Compliance and Security
On the compliance side, PassimPay demonstrates a strong commitment to regulatory standards. It is a FINTRAC-licensed Money Service Business in Canada, and its website details a multi-layered security approach: full AML screening, automated KYC for all users, embedded KYB (Know Your Business) checks, and an in-house compliance team of AML specialists. The platform also undergoes annual cybersecurity audits by reputable third-party firms.
Market Position and Concerns
However, the company’s relatively young age (founded in 2022) and limited publicly available leadership information may raise concerns for some enterprise clients about long-term stability and depth of executive experience. While the platform claims 99.99% uptime and high approval rates, independent user reviews on sites like Trustpilot and G2 are mixed; some praise the ease of use and low fees, while others mention occasional delays in customer support.
Growth Strategy
The company’s active participation in global events (e.g., AIBC Eurasia 2025, H1 2026 Global Tour) indicates an aggressive growth and partnership strategy. Overall, PassimPay is a competitive option for gaming operators seeking a crypto-native payment solution with strong compliance features and a broad asset range, though due diligence on transaction handling and support responsiveness is recommended.
Key Products
PassimPay Payment Gateway
Core B2B crypto payment processing with support for 74+ coins, instant settlement, and API/plugins for 20+ CMS platforms.
Automatic Conversion
Automatically converts incoming cryptocurrencies into preferred stablecoins (USDT, USDC) at configurable limits; fee 0.2%.
Transaction Batching
Combines multiple outgoing transactions into one to reduce blockchain fees.
Multisender
Sends funds to multiple wallet addresses in a single operation.
Regular Payments
Enables automated scheduled transfers for recurring billing.
Invoices
Generates payment links shareable via email or messengers.
QR Codes
Accepts crypto payments in person using scannable QR codes.
Static Wallet Addresses
Provides fixed deposit addresses for repeat customers.
EARN
Allows merchants to invest crypto holdings within the platform and earn rewards.
Team Management
Add users and assign granular access levels (roles/permissions).
Tangem Wallet Promotion
Complimentary Tangem cold wallet set for merchants processing $500k+ in 3 months.
API & CMS Plugins
Robust API-first integration and dedicated plugins for WordPress, Shopify, and other popular CMS platforms.
Invoicing
Generate and manage invoices for cryptocurrency payments.
Automatic Crypto-to-Stablecoin Conversion
Automatically convert any supported cryptocurrency into a preferred stablecoin at a 0.2% fee with customizable balance limits.
QR Code Payments
Generate QR codes for point-of-sale or online payment requests.
Earn Rewards Program
Earn rewards by investing idle crypto holdings held in the platform.
Crypto Payment Gateway (Core Platform)
Allows merchants to accept payments in over 74 cryptocurrencies, with automatic conversion to stablecoins. Includes API and CMS plugins for easy integration.
Invoicing Module
Generates payment links (invoice URLs) that can be sent via email or messengers for customer payment.
Static Wallet Address
Provides a fixed wallet address for each merchant to accept deposits repeatedly.
Tangem Cold Wallet Giveaway
A promotional hardware wallet offered to merchants processing $500,000 or more within three months.
Offices & Headcount
50 employees (approx.)