Inside Bill.com’s Fee Frenzy – and Why Stablecoin Payments Are the Smart Escape
Business quietly hemorrhage an amazing amount of money to payment processors each month.
You know there are fees, sure. But have you actually tallied them up?
Most businesses haven't, which is exactly what payment platforms like Bill.com count on.
How Bill.com quadruple dips
Bill.com doesn't just take your money once. They take it four separate ways:
- Subscription fees ($45 - $79+ per user per month)
- Transaction fees ($0.59 per ACH, $1.99 per check)
- Expedited fees ($11.99 - $24.99 when you need money moved faster)
- Percentage-based fees (2.9% for card payments)
Then there's the "float" – the interest Bill.com earns on your money while it sits in payments purgatory. They're incentivized to make your payments move slower, not faster.
Let's do some math.
A 25-person company with five authorized users (Corporate plan at $79/month each) processing 200 payments monthly via ACH pays:
- $4,740 in annual subscription fees
- $1,416 in transaction fees
- Plus any expedited or percentage fees when needed
That's over $6,000 a year just to move your own money.
Modern businesses deserve better
When it comes down to it, your bank balance is really just a number in a database. Yet, traditional payment processor companies have convinced the world that moving bigger numbers should cost more.
Meanwhile, settlement times feel like they were designed by time travelers from 1973. Domestic payments take days. International transfers can take weeks.
Your fifth-grader's science project grows mold grows faster than your payment clears.
Enter stablecoins
Stablecoins are digital currencies designed to maintain a steady value, typically pegged 1:1 with the US dollar. They combine the stability of traditional currency with the technological advantages of cryptocurrency.
Think of them as digital dollars that move at internet speed.
The fundamental shift?
Fees are based on network usage, not arbitrary amounts. Sending $1 or $1 million costs essentially the same. And it arrives in seconds, not days or weeks.
More → Stablecoin Payments with Bitwave
Leave Bill.com's fees behind with Bitwave
While Bill.com extracts value at every step, we at Bitwave flip the script entirely.
Using stablecoins, we've eliminated the fee bloat of traditional systems by building the first enterprise-ready payments platform specifically designed for finance teams.
What does this mean for your business operations?
- No percentage-based fees – Unlike Bill.com charging higher fees for larger dollar amounts, blockchain transaction fees are based on network congestion - similar to how highway tolls might charge more during rush hour.
- Near-instant settlement – No more checking if payments have cleared days later. Transactions confirm in seconds, giving both parties immediate certainty.
- Global accessibility – The system operates 24/7/365 without holidays or weekends off. Send payments at midnight on New Year's Eve if you want—the network doesn't care.
- Secure vendor verification – Know exactly who you're paying through Bitwave's built-in vendor wallet verification. Allow-list specific addresses for enhanced security.
- Non-custodial control – Maintain full control of your funds with your own wallets and private keys. Bitwave integrates with leading custodians but doesn't need to hold your money.
- Seamless ERP integration – Direct syncing with NetSuite, QuickBooks, and other ERPs eliminates reconciliation headaches and manual data entry.
- Audit-ready security – SOC 1 Type 2 and SOC 2 Type 2 compliance ensures every transaction is tracked with audit-level precision.
- Batch payment capabilities – Select multiple invoices and pay in bulk across different tokens and blockchains, all with comprehensive tracking.
Bitwave makes these benefits accessible to businesses without requiring crypto expertise. The platform handles the complexity, delivering the advantages without the learning curve.
Switching to Bitwave from Bill.com can save you thousands in direct fees and untold amounts in improved cash flow and operating efficiency.
It's not about being crypto-forward – it's about being business-smart. When your competitors are still paying to access their own money, you'll be operating in a fundamentally more efficient system.
More → Stablecoin Payments with Bitwave
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be construed as tax, accounting, or financial advice. The content is not intended to address the specific needs of any individual or organization, and readers are encouraged to consult with a qualified tax, accounting, or financial professional before making any decisions based on the information provided. The author and the publisher of this blog post disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use or application of any of the contents herein.
