PayPal Launches Crypto Payments with 0.99% Merchant Fees and 90% Lower Cross-Border Costs for 100+ Coins
PayPal has introduced “Pay with Crypto,” a feature enabling U.S. merchants to accept over 100 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), alongside niche tokens like TRUMP and FARTCOIN. The service converts incoming crypto payments into stablecoins (e.g., PayPal’s PYUSD) or fiat currencies in real time, mitigating price volatility risks. Merchants can utilize a promotional fee structure of 0.99% for crypto transactions, a significant reduction from standard interchange fees, while cross-border costs are cut by up to 90% through automated conversions [1]. The initiative aligns with PayPal’s broader vision to bridge traditional finance and decentralized ecosystems, offering a streamlined payment…
