PayPal now allows US merchants to accept payments in over 100 cryptocurrencies. [Foresight News]

PayPal announced the expansion of its “Pay with Crypto” platform, allowing US merchants to accept over 100 cryptocurrencies, settle transactions instantly, and reduce international fees by up to 90%. While PayPal’s stablecoin PYUSD is the clearest winner, the ripple effect across altcoins could be significant. PYUSD Sees Immediate Surge, Unlocks 4% Yield on Holdings At the heart of PayPal’s strategy is its stablecoin, PYUSD. Following the announcement, trading volume for PYUSD spiked 158%, reflecting growing interest in the coin’s utility and embedded incentives. Businesses using PayPal can now earn 4% APY on PYUSD held within their Wallet. Additional perks include instant access to proceeds, sidestepping delays, and high fees characteristic of traditional banking rails. This move aligns with PayPal’s broader vision of turning PYUSD into a native asset for global commerce. Its recent partnership with Fiserv to expand stablecoin use worldwide enhances this ambition further. Winners Beyond PYUSD: Ethereum, Solana, Arbitrum, and More Meanwhile, the infrastructure enabling PYUSD is also in the spotlight. Blockchains that facilitate PayPal’s stablecoin, like Ethereum (ETH), Arbitrum (ARB) , Stellar (XLM), and Solana (SOL) , are poised for increased transaction activity as more businesses tap into the platform. Solana in particular is already seeing momentum. While meme coins remain speculative, their inclusion highlights PayPal’s commitment to broad support across ecosystems. This model could mirror the TRON ( TRX ) boom that followed widespread adoption of USDT on its network. The volume potential is enormous, with over 650 million crypto users globally and a $3+ trillion market cap. Who Else Benefits? Altcoins Accepted for Payment Beyond infrastructure, coins directly supported for payment could experience fresh demand. PayPal revealed it will support over 100 cryptocurrencies through integrations with wallets like Coinbase, MetaMask , Phantom, OKX, Kraken, and Binance. This includes majors like BTC, ETH, USDT, USDC, XRP, BNB, and SOL , as well as unexpected additions like TRUMP and FARTCOIN. As PayPal begins onboarding US merchants in the coming weeks, this broad coin acceptance could bring newfound utility to altcoins that have traditionally seen limited real-world payment use. Ultimately, PayPal’s expansion is about more than pumping a few tokens. It signals a structural shift toward crypto-native commerce, unlocking borderless payments and financial access for businesses globally. []

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Ethereum, Solana, and PYUSD in Focus After PayPal’s Global Crypto Rollout

PayPal has unveiled a new functionality that allows merchants in the US to accept payments in more than 100 cryptocurrencies, aiming to enhance international transactions and increase the use of its stablecoin.

The feature, referred to as Pay with Crypto, enables users to make payments using various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Ripple (XRP), Binance Coin (BNB), Solana, and USD Coin (USDC), among others.

In its press statement, the company indicated that the service will accommodate transactions from multiple wallets, such as Coinbase, Kraken, and MetaMask.

Payments made through this feature will be automatically converted into PayPal's stablecoin PYUSD or traditional fiat currency at the point of sale.

Merchants will incur a transaction fee of 0.99% for these crypto payments, which PayPal claims is significantly lower than standard credit card processing fees.

This new offering is designed to simplify cross-border transactions, which PayPal highlighted as often being costly and complicated for small and medium enterprises.

At present, the feature is exclusively available to US-based merchants, excluding those located in New York.

PayPal president and CEO Alex Chriss said: "Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we're removing these barriers and helping every business of every size achieve their goals.

"Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal's open platform, the business can accept crypto for payments, increase their profit margins, pay lower transaction fees, get near instant access to proceeds, and grow funds stored as PYUSD at 4%.00 when held on PayPal."

"Last week, we launched PayPal World, our global partnership bringing together five of the world's largest digital wallets on a single platform, fundamentally reimagining how money moves around the world. By enabling seamless cross-border crypto payments, we're breaking long-standing barriers in global commerce," Chriss added.

"These innovations don't just simplify payments—they drive merchant growth, expand consumer choice, and reduce costs. This is the future of inclusive, borderless commerce, and we're proud to lead it."

"PayPal introduces cryptocurrency payment feature for US merchants" was originally created and published by <a href="https://www.electronicpaymentsinternational.com/news/paypal-introduces-cryptocurrency-payment-us/">Electronic Payments International</a>, a GlobalData owned brand.

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The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

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PayPal introduces cryptocurrency payment feature for US merchants

<img>Payments giant PayPal is rolling out a new service called “Pay with Crypto” that allows U.S. merchants to accept payments in over 100 different digital assets. The service connects shoppers’ crypto wallets directly at checkout, enabling them to pay with their digital assets while merchants receive the payment in U.S. ...
The post <a href="https://unchainedcrypto.com/paypal-to-let-u-s-merchants-accept-over-100-crypto-tokens-at-checkout/">PayPal to Let U.S. Merchants Accept Over 100 Crypto Tokens at Checkout</a> appeared first on <a href="https://unchainedcrypto.com">Unchained</a>. [Unchained]

PayPal to Let U.S. Merchants Accept Over 100 Crypto Tokens at Checkout

Payments behemoth PayPal has announced the launch of a new feature that makes it possible for U.S. merchants to accept a slew of cryptocurrencies, including XRP and Solana. The new feature, which has been dubbed "Pay with Crypto," will become available in the coming weeks. PayPal customers will be able to pay with any available cryptocurrency, which will then be automatically converted to PayPal's PYUSD stablecoin and then the U.S. dollar. It will be possible to use Coinbase, MetaMask, Binance, Phantom, Exodus and other wallets while paying with crypto. PayPal has touted such key advantages of the new feature as instant settlements and low fees capped at 0.99%. The fee will then increase to 1.50% after a promotional period that will last a year. U.S. businesses will be able to accept payments from customers all over the globe with minimal friction. PayPal CEO Alex Chriss has noted that international payments are too expensive for U.S. businesses, and PayPal is working to solve this problem. That said, it should be noted that the new feature will not be available in New York from the get-go due to the state's stringent regulatory requirements. PayPal entered into crypto back in 2020, helping to fuel the start of a massive bull run, initially allowing U.S. users to buy several cryptocurrencies. The payments giant launched its own stablecoin in 2023. It currently has a market cap of over $900 million, according to CoinGecko data. As reported by U.Today , PayPal previously allowed merchants to buy, sell and hold digital assets in their business wallets last September. Businesses gained the ability to move their assets on-chain. [U.Today]

XRP and Other Tokens to Be Accepted by US Merchants via PayPal

PayPal has launched a new payment option that will let smaller U.S. merchants accept more than 100 crypto tokens including Bitcoin, Ether and even fartcoin. Plus, this survey says most Americans are still skeptical about crypto. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”

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PayPal Makes 100 Crypto Available for U.S. Merchant Payments

On July 28 (UTC+8), according to Fortune magazine, fintech giant PayPal launched a new payment option on Monday that will allow small U.S. businesses to accept payments in over 100 cryptocurrencies, including mainstream cryptocurrencies such as Bitcoin and Ethereum, as well as Trump MEME coins and even spoof tokens like Fartcoin. A spokesperson said that any U.S. business using PayPal's online payment processing platform can opt-in. PayPal Executive Vice President Frank Keller said that PayPal will charge merchants a promotional transaction fee of 0.99% in the first year, after which the fee will increase to 1.50%. To settle transactions, PayPal will allow users to connect their existing cryptocurrency wallets to the checkout page. Depending on the type of crypto wallet the buyer uses, PayPal will sell the cryptocurrency on centralized exchanges such as Coinbase or decentralized exchanges such as Uniswap. The proceeds from the sale will be converted into PayPal's own stablecoin and then into U.S. dollars, which will be returned to the merchant. (Source: Fortune Magazine) [Fortune]

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PayPal to Allow US Small Businesses to Accept Payments in 100+ Cryptocurrencies

PayPal has announced that it will launch the "Pay with Crypto" feature in the United States in the coming weeks, allowing merchants to accept payments in over 100 cryptocurrencies from wallets such as Coinbase and MetaMask, and settle in real-time into stablecoins or fiat currency. [Wu Blockchain]

PayPal launches "Pay with Crypto," supporting U.S. merchants to accept over 100 cryptocurrencies

According to Fortune magazine, financial technology giant PayPal launched a new payment option on Monday, which will allow small US merchants to accept more than 100 cryptocurrency payments, including mainstream cryptocurrencies such as Bitcoin and Ethereum, as well as Trump MEME coins and even spoof tokens Fartcoin. A spokesperson said that any US business using PayPal's online payment processing platform can choose to join. PayPal Executive Vice President Frank Keller said that PayPal will charge merchants a 0.99% transaction promotion fee in the first year, and then increase the fee to 1.50%.
To settle transactions, PayPal will allow users to connect their existing cryptocurrency wallets to the checkout page. Depending on the type of crypto wallet used by the buyer, PayPal will sell cryptocurrencies on centralized exchanges such as Coinbase or decentralized exchanges such as Uniswap. The proceeds from the sale will be converted into PayPal's own stablecoin, and then converted into US dollars and returned to the merchant. [PANews]

PayPal to allow US merchants to accept over 100 cryptocurrencies

According to Fortune, PayPal has announced the launch of a new payment service for small and medium-sized businesses in the United States, supporting acceptance of over 100 cryptocurrencies, including Bitcoin and Ethereum. The service will be offered through PayPal's online payment processing platform, with a transaction fee of 0.99% in the first year, and adjusted to 1.50% from the second year onwards. During the transaction settlement process, users can connect their existing cryptocurrency wallets to the payment page, and the system will convert the cryptocurrency to the stablecoin PYUSD through Binance or a decentralized exchange, and then convert it to USD for payment to the merchant. [ChainCatcher]

PayPal Allows U.S. Merchants to Accept Payments in Over 100 Cryptocurrencies

PayPal allows U.S. merchants to accept payments in over 100 cryptocurrencies. ([Fortune]) [Odaily]

PayPal Allows US Merchants to Accept Payments in Over 100 Cryptocurrencies

On July 28, according to Fortune, PayPal announced the launch of a new payment service for small and medium-sized businesses in the United States, supporting acceptance of over 100 cryptocurrencies, including Bitcoin and Ethereum. The service will be offered through PayPal's online payment processing platform, with a transaction fee of 0.99% in the first year and adjusted to 1.50% from the second year.
During the transaction settlement process, users can connect their existing cryptocurrency wallets to the payment page, and the system will convert the cryptocurrency into PayPal stablecoin PYUSD through Binance or a decentralized exchange, and then convert it into USD for payment to the merchant. [Techflow]

PayPal launches cryptocurrency payment service, supporting US merchants to accept over 100 digital currencies

On July 28, according to Fortune, fintech giant PayPal announced on Monday the launch of a new payment option that allows small and medium-sized businesses in the United States to accept over 100 digital assets, including mainstream cryptocurrencies such as Bitcoin and Ethereum, as well as Trump commemorative coin TRUMP and even FARTCOIN. A company spokesperson said that all U.S. merchants using PayPal's online payment processing platform can enable this feature. PayPal plans to expand its cryptocurrency payment services to large enterprise customers in the United States and globally, but declined to disclose a specific timeline. [BlockBeats]

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PayPal's new feature allows US merchants to accept payments in over 100 cryptocurrencies

On July 28, according to Fortune, fintech giant PayPal announced on Monday the launch of a new payment option that allows small and medium-sized businesses in the United States to accept over 100 digital assets, including mainstream cryptocurrencies such as Bitcoin and Ethereum, as well as Trump's commemorative coin TRUMP and even FARTCOIN. A company spokesperson stated that all U.S. merchants using PayPal's online payment processing platform can enable this feature. PayPal plans to expand its cryptocurrency payment services to large enterprise customers in the United States and globally, but declined to disclose a specific timeline. [BlockBeats]

PayPal Holdings Inc. will soon allow businesses to accept more than one hundred cryptocurrencies at checkout. The option is going live in the coming weeks and will allow merchants to accept crypto such as Bitcoin, Ethereum, Tether’s USDT and Circle’s USDC, from wallets including Coinbase, OKX, Phantom, MetaMask and Exodus. When a consumer pays with crypto, the funds are automatically converted into fiat or PayPal’s PYUSD stablecoin for deposit in the merchant’s account.

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PayPal to Roll Out ‘Pay With Crypto’ Feature for Merchants

PayPal now lets U.S. merchants accept over 100 cryptocurrencies instantly. Promotional 0.99% crypto transaction fee undercuts traditional credit card processing rates. PYUSD adoption surges as PayPal eyes global expansion in crypto payments. PayPal has launched a new feature allowing U.S. businesses to accept payments in over 100 cryptocurrencies. The update includes major assets like Bitcoin and Ethereum, alongside novelty tokens such as Trump’s memecoin and Fartcoin.
PayPal’s New Crypto Checkout Offers Cheaper Fees
According to a Fortune report, any U.S. merchant using PayPal’s payment processing system can activate the crypto option starting immediately. Merchants will pay a promotional transaction fee of 0.99% in the first year.

After the first year, the rate will then increase to 1.50%, which is lower than the average credit card fee of 1.57% charged in 2024. This renders crypto a competitive payment mode for small businesses. Customers can link their existing cryptocurrency wallets to the checkout to facilitate their cryptocurrency payments.

To process payments, buyers can connect their existing crypto wallets to the checkout. PayPal will then convert the crypto via exchanges like Coinbase or Uniswap. The funds are first converted into PayPal’s stablecoin, PYUSD, and then into U.S. dollars for merchants. Before now, PayPal and Coinbase announced a partnership to offer zero-fee PYUSD conversions.

This latest move is part of PayPal’s larger digital asset strategy. After reducing its crypto activity during the 2022 market slump, the company is ramping up again following the passing of the GENIUS Act. The crypto industry continues to grow, thanks in part to Donald Trump's administration's strong support for blockchain development.
How The Payment Service Will Work
PayPal CEO Alex Chriss cited an example, saying the new feature allows a merchant in Oklahoma to easily receive crypto payments from a shopper in Guatemala. According to him, this highlights how the new system enables international transactions using blockchain infrastructure.

The payment giant first introduced basic crypto features in 2020 and later expanded them to Venmo. In 2023, the company launched PYUSD, which has grown 70% in market cap this year to reach $850.00 million. The stablecoin had initially faced opposition from the SEC. However, the Commission dropped its investigation into PYUSD earlier this year.

The company also plans to introduce the crypto payment feature to large U.S. and global enterprises, although no timeline has been announced. The update positions PayPal as a key player in the growing crypto payments space. [Fortune]

Breaking: PayPal to Let Merchants Accept Payments in Over 100 Cryptocurrencies

PayPal is rolling out a new crypto payment tool that will allow US merchants to receive payments with more than 100 cryptocurrencies.

PayPal launches crypto checkout tool, adds support for over 100 tokens

PayPal现已允许美国商家接受超过100种加密货币的支付。[Foresight News]

PayPal允许美国商家接受100多种加密货币的支付

PayPal現已允許美國商家接受超過100種加密貨幣的支付。[Foresight News]