PayPal ‘Pay with Crypto’ Drives Mainstream Adoption with 90% Fee Reduction
PayPal began rolling out its “Pay with Crypto” on July 28, allowing merchants to seamlessly accept payments on its open network from more than 100 cryptocurrencies including Bitcoin, Ethereum, Solana, XRP, USDT, and other popular coins.
The service will be available to US merchants “in the coming weeks,” according to a company press release, and will support popular cryptocurrency wallets including Coinbase, OKX, Binance, Kraken, Phantom, MetaMask, and Exodus. The company says more wallets will be added as the service rolls out.
According the press release, the Pay with Crypto service offers near-instant settlement, seamless international transactions and provides transaction fee savings of up to 90%. It also allows merchants to…
