The new service enables U.S. merchants to accept over 100 cryptocurrencies, significantly reducing transaction fees and enhancing global commerce capabilities.
PayPal is launching 'Pay with Crypto,' allowing U.S. merchants to accept over 100 cryptocurrencies, including BTC, ETH, and USDT, with payments converted to U.S. dollars. The service, available in the coming weeks, aims to reduce cross-border fees by up to 90% and supports major wallets like MetaMask and Coinbase. Merchants will incur a 0.99% service fee, facilitating easier access to global markets and enhancing profit margins for businesses.