PayPal's 'Pay with Crypto' feature introduces a seamless payment method for U.S. merchants, allowing transactions in over 100 cryptocurrencies while significantly lowering fees.
PayPal has launched 'Pay with Crypto,' enabling U.S. merchants to transact in over 100 cryptocurrencies, including Bitcoin and Ethereum, with a promotional fee of 0.99% that reduces transaction costs by up to 90%. The service supports major wallets like MetaMask and Coinbase, facilitating near-instant conversion to U.S. dollars and tapping into a market covering 90% of the crypto market cap. PayPal plans to expand this feature globally, aiming to enhance cross-border commerce for businesses.