PayPal has introduced a new payment system that helps businesses save money and reach more global customers. The service, called Pay with Crypto, allows merchants to accept cryptocurrency payments from users worldwide. It also converts crypto instantly into stablecoins or fiat currencies.
This gateway integrates more than 100 cryptocurrencies and wallets, such as MetaMask, Phantom, and Coinbase, with PayPal’s global merchant network. The platform accommodates over 650 million crypto users and integrates with a crypto market worth more than $3 trillion.
American business owners can sell crypto as payment with simple setups and no delays. The commission rate is 0.99%. That is 90% lower than average international card fees. Merchants can access proceeds almost immediately.
PayPal adds PYUSD rewards for businesses
They can also hold earnings in PayPal USD (PYUSD), a stablecoin that pays a 4% reward if one holds it with PayPal. The development is part of PayPal’s overall aim to unify digital and traditional finance.
The platform now lets businesses send low-cost crypto payments to freelancers and vendors. It also helps merchants attract crypto-savvy customers while offering new revenue streams. PayPal also rolled out PayPal World, a global partnership of major digital wallets.
This creates a unified space for smooth, borderless transactions. It gives buyers more choice and offers businesses the tools to scale in new regions without being blocked by expensive payment rails. By integrating cryptocurrencies into everyday commerce, PayPal aims to reduce friction in global trade.
U.S. Merchants can now accept crypto via PayPal
Merchants are able to join new markets quicker, at less expense, and with fewer technical barriers. Consumers have additional payment alternatives, and businesses have greater flexibility with earnings. The service will be introduced to U.S. merchants first and will be rolled out gradually.
It supports leading coins such as Bitcoin, Ethereum, USDC, Solana, XRP, and various others. The wallets, such as Binance, Kraken, OKX, and Exodus, are also part of the network. PayPal’s entry into crypto-backed commerce is indicative of its vision for faster, simpler, and more inclusive financial instruments.
By building bridges between traditional money and blockchain-based assets, PayPal is giving businesses a more efficient path to operate in the global economy. This launch marks a clear shift in how digital payments work and sets the stage for broader crypto use in everyday business.
