- Paying with crypto will support BTC, ETH, USDT, XRP, BNB, Solana, USDC and more
- Portfolios like Coinbase, Binance and others are also supported
- 1.5% transaction costs will follow presentation costs of 0.99%
Paypal will now allow merchants to accept more than 100 different cryptocurrencies as payment. The opening of access to a cryptographic market of value estimated at 3 to 4 billions of dollars.
The company said its new platform “ Pay with Crypto ” will allow it to draw from a global user base of more than 650 million users, with a support initially deployed for BTC, ETH, USDT, XRP, BNB, Solana, USDC and more.
Paying with Crypto will also connect to wallets like Coinbase, Okx, Binance, Kraken, Phantom, Metamask and Exodus to facilitate the link of users to their existing crypto collections.
Paypal cryptocurrency payments
“Using Paypal’s open platform, the company can accept the crypto for payments, increase their beneficiary margins, pay lower transaction costs, get closer to instant access to the product,” said Paypal CEO, Alex Chriss.
The funds held under the name of Pyusd, the Paypal stablecoin supported by USB, earn 4% per year.
From the launch, Paypal will charge launch costs of 0.99%, valid for the first year. From that moment, transactions will result in costs of 1.5%, but this could still be up to 90% cheaper than certain international credit card costs.
The news comes a week after the launch of Paypal World-a platform designed to support international payments with early support, including five state-of-the-art portfolios from the United States, China, India and Mexico.
“By allowing seamless cross -border cryptographic payments, we break the longtime barriers in world trade,” added Chriss.
Paying with Crypto will start to take place at American merchants in the coming weeks.
Paypal is not the only payment gateway to the support of cryptography, with a rival company band confirming in June 2025 that it would accept USDC, a stablecoin with dollars, via Shopify.
Stressing the magnitude of the opportunity, Stripe stressed that $ 94 billion in stabbiating payments have been paid worldwide during the two years preceding its announcement.
