IBEX Review
Lightning-native payment processor battle-tested at major Bitcoin conferences with ~24-hour settlement to BTC or fiat.
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Why We Recommend IBEX
IBEXPAY has earned credibility by powering payments at multiple large Bitcoin conferences, processing thousands of Lightning and on-chain transactions under high-volume, real-world conditions. The platform runs on infrastructure from the broader IBEX ecosystem, which provides institutional-grade settlement APIs to banks and fintechs, suggesting robust backend capabilities behind the merchant-facing product. The conference track record demonstrates that the system handles spikes in transaction volume without degradation.
The merchant dashboard offers practical business tools: multi-location support, manager accounts, transaction stats with time-frame filters, and visibility into pending disbursements. Settlement occurs within approximately 24 hours to either an on-chain Bitcoin address or fiat bank account, giving merchants flexibility in how they receive funds. The hosted model means no node management, no liquidity concerns, and no server maintenance—IBEXPAY handles all Lightning infrastructure. However, merchants should note that detailed regulatory disclosures, security certifications, and explicit fee schedules are not prominently published, so direct inquiry is recommended before processing significant volume.
Best For
Brick-and-mortar retailers and service businesses wanting to accept Lightning payments without technical complexity will find IBEXPAY particularly practical. The browser-based payment terminal runs on any iOS or Android device—staff simply enter an amount, display the QR code, and the customer pays instantly. This works well for coffee shops, restaurants, retail stores, and any physical location where speed matters and dedicated hardware isn't justified.
E-commerce merchants on Shopify, WooCommerce, Miva, or Ecwid can add Bitcoin checkout through straightforward plugin installations. Customers see a "Pay with Bitcoin" option at checkout and complete payment on a hosted invoice page supporting both Lightning and on-chain transactions. This appeals to online stores wanting to tap into the Bitcoin-spending community without building custom payment infrastructure.
Event organizers and Bitcoin meetup hosts represent another strong use case, given IBEXPAY's proven conference deployments. For ticketing, merchandise sales, food vendors, and hackathon payments, the system handles the surge-and-idle patterns typical of events while providing consolidated reporting across multiple vendor terminals.
Services & Features
Considerations
As a hosted processor, IBEXPAY custodies funds between payment receipt and settlement payout, which won't suit merchants requiring full self-custody. Detailed fee schedules, supported settlement countries, and regulatory licensing information require direct inquiry rather than being publicly documented.
