BoomFi

What is BoomFi and what do they do?

BoomFi is a crypto-focused payment gateway designed to help businesses accept cryptocurrency payments across multiple blockchains and currencies. The platform supports a range of payment use cases, from one-off online payments to subscriptions, invoicing, and in-person payments via smartphones or Android-based terminals.

BoomFi enables merchants to accept crypto payments through hosted payment links, embedded checkout flows, and API-based integrations. It supports major blockchain networks including Ethereum, Polygon, Solana, Tron, Arbitrum, and BNB, allowing businesses to accept payments in different tokens while managing them through a single interface. The platform also includes a built-in crypto exchange layer, providing instant price quotes and conversion with relatively low spreads.

In addition to basic payment acceptance, BoomFi supports recurring payments, invoicing, and usage-based billing models. These features are designed to make crypto payments practical for ongoing commercial relationships rather than limited to one-off transactions. For businesses that prefer not to hold crypto long term, BoomFi offers options for fiat settlement, abstracting part of the volatility and treasury complexity associated with digital assets.

Who is it for?

BoomFi is aimed at businesses that want to accept cryptocurrency as a primary or complementary payment method. Typical users include SaaS companies, professional service providers, e-commerce merchants, event organisers, donation platforms, and businesses selling digital goods such as gift cards or access-based products.

The platform is particularly relevant for crypto-native or crypto-friendly businesses that operate internationally and want to offer customers a non-card payment option without building their own blockchain infrastructure. Subscription-based businesses and platforms with recurring or usage-based billing models can also benefit from BoomFi’s focus on automated crypto payments.

BoomFi is generally best suited for teams that are comfortable operating in a crypto environment and want a ready-made payment layer rather than developing custom wallet and settlement logic.

Why do businesses choose BoomFi?

One of the main reasons businesses choose BoomFi is breadth of blockchain support combined with relatively simple integration. Supporting multiple networks allows merchants to meet users where they already hold assets, reducing friction at checkout.

BoomFi also differentiates itself through payment flexibility. Features such as payment links, subscriptions, invoicing, and in-person crypto acceptance expand the range of use cases beyond standard online checkout. For SaaS and service-based businesses, recurring payments and usage-based billing are particularly relevant.

From an operational perspective, the built-in exchange functionality and optional fiat settlement help businesses manage exposure to crypto volatility and simplify accounting. Pricing is positioned as transparent, with processing and exchange fees clearly stated and the option to pass costs on to payers.

Is BoomFi trustworthy?

BoomFi operates as a licensed Virtual Asset Service Provider (VASP) in Poland and references ongoing alignment with European regulatory frameworks, including preparation for MiCA requirements. The platform also highlights real-time AML monitoring as part of its compliance approach.

Public user feedback generally points to ease of use, fast transactions, and effective multi-chain support, although some reviews note that network coverage and fiat on-ramp options are still evolving. As with many crypto payment providers, the product is actively developing rather than fully mature across all possible use cases.

For businesses, trust assessment typically involves reviewing licensing status, settlement models, and operational transparency. Based on publicly available information, BoomFi positions itself as a compliance-aware, crypto-first payment gateway focused on making digital asset payments practical for everyday business use.