NOWPayments Review 2023: Details, Pricing and Features

NOWPayments is an online payment processor that focuses on enabling instant, cheap transactions via cryptocurrencies like bitcoin and ether.

There are currently more than 50 different cryptocurrencies supported by the platform, including stablecoins, which have become increasingly popular as a less volatile alternative to traditional cryptocurrencies in terms of operating as a useful medium of exchange.

What is NOWPayments?

NOWPayments is actually a product that came out of the greater ChangeNOW platform. ChangeNOW is a non-custodial, instant crypto exchange where users are able to swap between different crypto assets via a simple interface.

ChangeNOW effectively acts as a backend exchange for certain aspects of the NOWPayments payment processing system. NOWPayments users are able to accept more than 150 different crypto assets, and those assets can be received in the form of any crypto asset of the merchant’s choice, as the swaps are handled by ChangeNOW.

Additionally, NOWPayments users are able to have their crypto assets converted to fiat currency as soon as those payments are received. There are a number of different ways in which the NOWPayments platform can be used over the internet, from donation buttons on websites to invoices for freelance workers. The goal of NOWPayments is to make it as easy as possible for anyone to accept cryptocurrency payments.


  • Plugins available for a variety of CMS platforms
  • NOWPayments does not take custody of user funds
  • Accept more than 50 different cryptocurrencies 
  • Ability to convert to traditional fiat currencies
  • Strong customer support team for assisting with crypto payments


  • No mobile app available  
  • Know Your Customer (KYC) verification needed in some situations

Is NOWPayments Safe?

NOWPayments is a relatively new product in the grand scheme of things; however, ChangeNOW, which is the company behind the NOWPayments platform, has been operating in the cryptocurrency space for a number of years now. ChangeNOW has never faced a serious security incident, and NOWPayments can effectively inherit this strong security record from their parent platform. Additionally, ChangeNOW has been able to help crypto exchange hack victims recover some of their funds during past incidents on other platforms.

It’s also important to note that NOWPayments, just like ChangeNOW, is a non-custodial crypto platform. This means that users’ funds are rarely at risk because the amount of time that funds are out of users’ control is extremely limited.

 NOWPayments Features

Wide cryptocurrency pool

The platform provides the ability to work with more than 50 coins, including stabelcoins. Users also have the opportunity to receive assets in the desired currency.

Flexible tools

NOWPayments has developed a solid suite of merchant tools that will help customers set up cryptocurrency payments for their business. The NOWPayments API is accessible here, and the platform has also developed plugins for the popular platforms WooCommerce, ZenCart, PrestaShop, Opencart, WHMCS, Magento 2 and others.

Ability to get donations in cryptocurrency

The platform allows everyone to receive donations through a special widget, allowing creatives to cut costs and simplify their ability to support.

Ability to conduct multiple transactions

Thanks to its flexible transaction system, the platform allows for multiple payments.

Fiat withdrawals

The exchange provides an opportunity to withdraw not only in cryptocurrency and fiat, the limit starts with 15 euros and has no upper limit.
To use this function you will need:

  • Register and verify on Switchere — safe, licensed and trusted crypto exchange service.
  • Then, the merchants should enter the same email in NOWPayments account that they registered on Switchere. 
  • Once registration is done, merchants can cash out to fiat as often as they want without any more doublechecks. Everything will work automatically and money will land into the chosen bank account.

Supported cryptocurrencies for fiat withdrawal:

  • BTC
  • ETH
  • XRP
  • LTC
  • BCH
  • XLM
  • AAVE
  • EOS
  • LINK
  • OMG
  • UNI
  • YFI

HOW to start use NOWPayments

To get started, you must go through the standard registration procedure.

After that, it is necessary to confirm the mail.

After that, you need to set up your account.

NOWPayments fees

The fees charged by NOWPayments for using its payments system are competitive when compared to other crypto payment processors. If the customer is paying with the same crypto asset that will be received by the business, the transaction fee starts at 0.5% and drops down to 0.4% if the merchant generates more than 100 BTC worth of monthly volume. If the customer is paying with a cryptocurrency different from the cryptocurrency that will be received by the merchant, NOWPayments charges an additional 0.5% exchange fee.

For reference, the most popular cryptocurrency payment processor BitPay charges a 1% fee on all transactions. 

NOWPayments affiliate program

Register an affiliate account and earn money on building ties between merchants and NOWPayments.

If you bring someone who becomes our partner — you will get a percentage of their profit.

You'll be getting this reward for 5 years. The more merchants you bring — the bigger reward you get


How does NOWPayments work with Twitch?

NOWPayments has created a simple way for streamers on Twitch and other platforms to collect donations from their fans via cryptocurrency payments. To get started, you must first create a NOWPayments account.

You will then be able to create a NOWPayments donation button from within your account via your API key. You will then be able to copy and paste some HTML code that can be added to your Twitch channel and many other places on the internet.

What is a multi-signature wallet?

To be approved, transactions require signatures. Some wallets need only one signature for authorization. There are wallets shared by multiple users too, which require multiple signatures.


NOWPayments has delivered an intuitive and flexible system for accepting cryptocurrency payments that’s supported by a solid selection of merchant tools. The platform’s large selection of supported cryptocurrencies allows merchants to cater to the vast majority of people who own cryptocurrency and want to use to buy goods and services from their favorite businesses. However, there is still room for improvement - the option for merchants to have their payments settled in the form of fiat currency would take NOWPayments to the next level and allow it to achieve a bigger market share.

Jack Evans

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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