Merchant Competition Mapping

Product Competition Table

Comparison

Company	Centralize or Decentralize	Website
UNIGATE	DECENTRALIZED	https://unigate.finance/
BitPay	CENTRALIZED	https://bitpay.com/business
CoinPayments	CENTRALIZED	https://www.coinpayments.net/
Plisio	CENTRALIZED	https://plisio.net/
Request	CENTRALIZED	https://www.request.finance/
CoinRemitter	CENTRALIZED	https://coinremitter.com/
NowPayments	CENTRALIZED	https://nowpayments.io/
BTCPay	CENTRALIZED	https://btcpayserver.org/
Coingate	CENTRALIZED	https://coingate.com/
CryptAPI	CENTRALIZED	https://cryptapi.io/
crypto.com	CENTRALIZED	https://crypto.com/eea/pay-merchant

What places Unigate miles ahead of competition today

All the services commonly used on other platforms for personal and merchant services - are centralized. UNIGATE provides these services on DeFi protocols (Decentralized Finance).

What is Centralized? What are the risks of transacting on centralized platforms?

Centralized means all the control, core systems and processors, wallets, user identity, are under the control of the proprietary software.

Consequences are:

• User has no control on their own funds

• Extensive signup formalities and delayed KYC approval

• Requirement of trusting multiple third parties to perform different roles in a single transaction

• Fee payments to these third parties makes the transaction processing expensive.

How does UNIGATE resolve this

UNIGATE brings the best of Merchant Services and Personal User services - under its platform which entirely runs on the DeFi protocols.

Benefits are:

• No signup required. No KYC required.

• Users have real control over their personal data, and funds in crypto wallets

• The system is 'Trustless' - No requirement of trusting, involving of third parties and paying fees to them to process a transaction.

• All transactions are processed independently through smart contracts where no central point of authority, not even UNIGATE, can modify or interfere in any user's transaction processing.

Being decentralized was the essential purpose behind the establishment of cryptocurrencies today, and UNIGATE, true to that spirit, keeps every functional element decentralized.

Tools Competition Table

Compare Features

	Buy, Swap, Pay, Liquidate	Multi Wallet Compatibility	Invoicing	Card	Mass Payout	API	eCommerce Plugins
UNIGATE	All	Yes	Yes	Yes	Yes	Yes	Yes
BitPay	All	Yes	Yes	Yes	No	Yes	Yes
CoinPayments	All except Liquidate	Only proprietor software's wallet	Yes	No	No	Yes	Yes
Plisio	No	Only proprietor software's wallet	No	No	Yes, but 1000 txns max	Yes	Yes
Request	No	-	Yes	No	No	No	No
NowPayments	Liquidate. Swap in another product	-	Yes	No	Yes	Yes	Yes
BTCPay	No	Yes	Yes	No	No	Yes	Yes
CoinGate	All	Yes	Yes	No	No	Yes	Yes
CryptAPI	No	No	No	Yes	No	Yes	Yes
Crypto.com	All in another product	Yes	Yes	Yes	No	Yes	Yes

Services with UNIGATE

Merchant: Invoicing, Mass Payouts, Plugins for eCommerce sits, Settlement (Liquidation) into Fiat

End User Services: P2P Payment, Stake, Swap, Yield Farming, Pool and other services being developed, under roadmap

Platform Strengths: DeFi, Multi-Bridge, Support 6 blockchains

Transaction Fee structures

Company	Processing Fees Merchant
UNIGATE	1%
BitPay	1% + "Withdraw Fees + from 0.25% to 2% based on risk appetite"
CoinPayments	Upto 1.5% + Withdraw Fees
Plisio	From 0.5% merchant +0.5% withdraw + 1.5% extra service
NowPayments	0.4% + 0.5% withdraw fees
Coingate	Processing 1% + withdraw 0.25% to 0.50%
CryptAPI	0.25% to 1% + withdraw fees
Crypto.com	Trading 0.40% + Blockchain Transaction Fees. Mostly high transaction fees unless their coin is purchased