PayPal has unveiled “Pay with Crypto,” a new service designed to integrate cryptocurrency payments into mainstream global commerce, significantly reducing cross-border transaction costs for businesses. This innovative solution enables merchants to accept over 100 cryptocurrencies, with instant conversion to a stablecoin or fiat currency.
“Pay with Crypto” aims to connect merchants to the $3+ trillion crypto market, tapping into a global base of over 650 million crypto users. The service boasts a transaction rate of just 0.99% until July 31, 2026, which PayPal states can decrease transaction costs by up to 90% compared to traditional international credit card processing fees.
“Pay with Crypto” will be available to U.S. merchants in the coming weeks. The service supports major cryptocurrencies, including BTC, ETH, and USDT, as well as popular digital wallets such as Coinbase and MetaMask.
PayPal has also recently partnered with Fiserv to expand the use of stablecoins globally and launched “PayPal World,” a platform connecting five major digital wallets.
KEY QUOTES:
“Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations. Today, we’re removing these barriers and helping every business of every size achieve their goals. Imagine a shopper in Guatemala buying a special gift from a merchant in Oklahoma City. Using PayPal’s open platform, the business can accept crypto for payments, increase their profit margins, pay lower transaction fees, get near instant access to proceeds, and grow funds stored as PYUSD at 4% when held on PayPal.”
“Last week, we launched PayPal World, our global partnership bringing together five of the world’s largest digital wallets on a single platform, fundamentally reimagining how money moves around the world. By enabling seamless cross-border crypto payments, we’re breaking long-standing barriers in global commerce. 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.”
Alex Chriss, President and CEO, PayPal
