Key Takeaways
- PayPal has unveiled a “Pay with Crypto” feature allowing U.S. merchants to accept payments in over 100 cryptocurrencies.
- Crypto payments convert instantly to fiat or PayPal’s PYUSD stablecoin, minimizing merchant volatility.
- Transaction fees are only 0.99%, far lower than typical credit card rates—a major draw for SMBs.
PayPal has rolled out “Pay with Crypto,” a feature enabling U.S. merchants to accept more than 100 digital assets—including Bitcoin, Ethereum, Solana, and stablecoins—at checkout.
Transactions convert instantly to fiat or PYUSD, shielding merchants from crypto price fluctuations.
Streamlined Crypto Checkout for US Merchants
Under the new system, buyers can use crypto wallets like Coinbase Wallet, MetaMask, OKX, Kraken, Binance, Phantom, and Exodus.
At the checkout, funds convert automatically into PayPal USD (PYUSD) or fiat and are settled into the merchant account, simplifying crypto handling for businesses.
Lower Fees, Global Reach
PayPal charges a flat 0.99% transaction fee—up to 90% cheaper than typical credit card fees (1.5–3.5%). Initially limited to U.S. merchants (excluding New York), the feature aims to reduce cross-border friction and bolster SMB profit margins.
PYUSD’s market cap nearly doubled in 2025—from $497 million to $894 million—signaling growing adoption of PayPal’s stablecoin ecosystem as a settlement layer.
Conclusion
PayPal’s new crypto checkout option represents a major push into mainstream commerce—combining ease, global reach, and cost advantages. As digital assets gain traction, this move equips traditional merchants with tools to embrace crypto—without volatility or technical complexity.
Frequently Asked Questions
Which cryptocurrencies can merchants accept?
Over 100 tokens—including BTC, ETH, SOL, USDT, USDC, XRP, and niche assets.
Are merchants exposed to crypto price swings?
No. Payments convert instantly to PYUSD or fiat before settlement.
What’s the fee structure for crypto payments?
Flat 0.99%—significantly lower than standard credit card fees.
