PayPal has introduced a new feature called ‘Pay with Crypto’ to help businesses make international payments faster and cheaper. The feature connects a wide network of cryptocurrencies, stablecoins, digital wallets, and merchants around the world.
This new feature will allow U.S. businesses to accept payments in over 100 different cryptocurrencies like Bitcoin, Ethereum, USDT, XRP, and Solana. The crypto payments will be automatically converted into stablecoins such as PYUSD or regular money (fiat).
Conventional cross-border payments tend to have exorbitant credit card fees, currency conversion fees, and bank delays. This feature provides a fixed 0.99% transaction fee, allowing merchants to reduce payment processing costs by as much as 90%. This is a big benefit for businesses that sell internationally and want to protect their profits.
Helping Businesses Expand Globally
The service provides vendors a window of access to the more than $3 trillion crypto economy and bridges them with more than 650 million crypto users globally. It supports major crypto wallets such as Coinbase, MetaMask, Binance, OKX, Phantom, and Kraken.
According to PayPal CEO Alex Chriss, the feature is designed to help businesses grow faster by reducing the challenges of global expansion. Merchants can receive payments almost instantly, avoid complicated bank processes, and earn 4% interest on PYUSD held within PayPal.
Expand to a $3 Trillion Crypto Market
PayPal also recently launched PayPal World, a platform uniting five of the world’s largest digital wallets. This move enhances how money is sent and received across borders and reflects PayPal’s goal to create inclusive, borderless commerce. The company has also partnered with Fiserv to promote stablecoin use globally.
Chriss added, “These innovations don’t just simplify payments—they drive merchant growth, expand consumer choice, and reduce costs. This is the future of inclusive, borderless commerce, and we’re proud to lead it.”
Also Read: PayPal Brings India, China, Latin America’s Leading Payment Systems Together
