Coinbase Commerce only takes crypto. If a buyer doesn't already have a wallet and tokens, the sale doesn't happen. Malum takes cards, Apple Pay, bank transfer and 70+ other methods — and still pays you out in crypto.
Coinbase Commerce is a great option if your entire customer base is crypto-native. Malum gives you the same crypto settlement plus card and bank acceptance — so you keep the buyers who don't yet have a wallet.
Coinbase Commerce can only accept crypto. Malum accepts cards, Apple/Google Pay, SEPA, iDEAL, Bancontact, Faster Payments, Interac, bank transfer and direct crypto — buyers pay with what they already have.
Like Coinbase Commerce, Malum settles in crypto — to the wallet you control. USDT, USDC, BTC, ETH, LTC and 30+ other tokens.
Beyond the checkout, Malum ships a full merchant dashboard, hosted storefront, MoR option, plugin integrations, team roles and payment links.
| Feature | Malum | Coinbase Commerce |
|---|---|---|
| Buyer payment methods | Cards, Apple/Google Pay, SEPA, iDEAL, Bancontact, EPS, Faster Payments, Interac, bank transfer, crypto — 70+ | Crypto only (BTC, ETH, USDC, LTC, DOGE, etc.) |
| Payout currency | Crypto — USDT, USDC, BTC, ETH + 30 more | Crypto only |
| Payout speed | Minutes | Direct on-chain after confirmations |
| Buyer needs a wallet | Optional — buyer can pay by card | Required for every transaction |
| Conversion rate impact | Card-equivalent checkout conversion | Lower — restricted to crypto-native buyers |
| Merchant of Record | Yes | No |
| Hosted storefront | Built-in | Checkout only |
| Plugins | Shopify, WooCommerce, SellAuth, REST API | Shopify, WooCommerce, REST API |
| Fees | Flat published merchant discount | 1% on transactions (where applicable) |
| Refunds | Native UI + API | Manual on-chain refund |
Coinbase Commerce is a pure crypto checkout: the buyer needs a wallet, the right token, the right network and enough balance to cover gas. That removes anyone who isn't already crypto-native from your funnel.
Malum accepts the methods your buyers already use day-to-day, and converts the proceeds into crypto on the merchant side. Card buyers stay card buyers; crypto buyers stay crypto buyers. You don't pick one funnel.
On the merchant side, both platforms settle in crypto. Coinbase Commerce settles to your Coinbase wallet (or via the on-chain transaction model for Commerce Onchain). Malum settles to the wallet of your choice across USDT, USDC, BTC, ETH, LTC, SOL, BNB, TRX, MATIC and others.
Refunds on Coinbase Commerce are an on-chain action you perform manually — you send tokens back to a customer-provided address. There is no card-style refund flow because there's no card in the picture.
Because Malum sits across the card rail, you can issue refunds via the dashboard or API the same way you would on any card processor — even though your underlying settlement is in crypto.
Coinbase Commerce is fundamentally a checkout primitive. Malum is a full merchant platform — dashboard, payouts, products, storefront, team, plugins, MoR — that includes a checkout. If your business has grown beyond "drop a button on the page", you want the platform.
Keep the same crypto-out model Coinbase Commerce offers — and stop turning away the buyers who'd rather just use their card.
Comparisons are based on publicly available information from each provider's website and product documentation at the time of writing and are provided for informational purposes only. Trademarks and brand names are the property of their respective owners; their use here is purely descriptive and does not imply endorsement, affiliation, or partnership. Pricing, fees, payout times, supported regions and product features change frequently — always verify directly with each provider before making a decision.