The only way to compare fees is to compare how much cryptocurrency the user receives.
Different gateways might quote 4% fees to you. However, for the same amount of money, your users will get substantially more crypto with one gateway, and substantially less with the other!
Because each gateway uses different conversion rates, spreads and network fees – without much transparency. As such the only way to compare the fees of gateways is to see who gives more crypto for the same amount of fiat!
Onramper calculates how much crypto each gateway would send the user (taking into account all transaction fees, network fees, conversion rates & spreads), and then shows the best options to the user. By doing this, Onramper usually already saves the user over 1.5% in fees!
How Onramper saves you over $25,000 amount in integration fees
Many gateways require you to pay an integration fee or a deposit to start integrating. However, through Onramper you can integrate all gateways for free in a single integration.
Integration fees exist so gateways can help you out with onboarding and integration. Many of the gateways within Onramper also work this way. At Onramper, we’ve already done all of the contracting and integration work, so you don’t have to! This saves both you and our partner-gateways time and money.
How our pricing model works
We don’t charge integration costs and don’t have a monthly subscription. Instead, we earn a 1% fee for every transaction done by your users, which is added to the fees of the chosen fiat gateway.
At the same time, we get your users discounts on the fees charged by fiat gateways. This discount is often 0.5% or more, meaning Onramper’s fee is more like 0.5%.
Finally, by being able to pick the lowest-fee fiat gateway usually saves the user over 1.5% on top of that. As such, Onramper is cheaper for end-users in aggregate!