Speed vs Zengo
Side-by-side comparison of fees, features, integrations, and more
| Feature | Speed | Zengo |
|---|---|---|
| Transaction Fee | 1% | 0% |
| No KYC | No | No |
| Non-Custodial Mode | No | Yes |
| API Available | Yes | No |
| Avg. Rating | ||
| Year Founded | 2021 | 2018 |
| Overall Score | 47/100 | 56/100 |
Speed vs. Zengo: Which one is better?
Zengo Wins
Verdict
Zengo leads in 5 out of 6 comparable categories. However, Speed may still be the better choice depending on your specific requirements. Always evaluate based on your business needs.
Frequently Asked Questions
Speed and Zengo are both crypto payment processors but differ in fees, features, and integrations. Speed charges 1% per transaction. Zengo charges 0% per transaction and offers both custodial and non-custodial modes. Speed is based in United States while Zengo is based in Israel.
Speed charges 1% per transaction, while Zengo charges 0%. Both should be evaluated based on your expected transaction volume and business needs.
Speed supports WooCommerce, Magento plugins and provides an API. Zengo supports no major e-commerce plugins. The ease of integration depends on your platform and technical requirements.
Both Speed and Zengo support major cryptocurrencies. Speed operates in custodial mode only. Zengo offers both custodial and non-custodial modes for broader token support. Check each provider's documentation for the full list of supported assets.
For small businesses, key factors are low fees and easy setup. Speed charges 1% with no setup fee. Zengo charges 0% with no setup fee. Consider which platform integrations you need when making your decision.
For large businesses, reliability, integration depth, and API access matter most. Speed has a score of 47/100, offers a full API, and supports WooCommerce, Magento. Zengo has a score of 56/100. Evaluate based on your platform requirements and expected transaction volume.
Speed has a dedicated WooCommerce plugin available. Zengo does not have a WooCommerce plugin. Choose the provider with native WooCommerce support for the easiest setup.
Settlement speed depends on the cryptocurrency network and each provider's processing. Both Speed and Zengo process payments on-chain, so confirmation times are similar for the same blockchain. The main difference is in fiat conversion and withdrawal processing times, which vary by provider and region.
Speed operates in custodial mode only, founded in 2021. Zengo offers both custodial and non-custodial modes for maximum flexibility, founded in 2018. Both providers implement standard security practices. Non-custodial options generally offer more security as funds are not held by a third party.
Customer support quality can be assessed through third-party review platforms. Speed has a Trustpilot profile and a G2 profile where you can read user reviews. Zengo has a Trustpilot profile and a G2 profile for community feedback. We recommend checking these platforms for the most up-to-date support reviews.