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PayPal launches cryptocurrency payment service, supporting US merchants to accept over 100 digital currencies
TechFlowJul 28, 2025
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]
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]
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PayPal launches cryptocurrency payment service, supporting US merchants to accept over 100 digital currencies
TechFlowJul 28, 2025
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]
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]
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