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Key FactsPayPal Launches Extensive Crypto Payment Service
Jul 29, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: deraktionaer.de
Summary created with AI assistance · Source: deraktionaer.de
- PayPal introduces a new service enabling merchants to accept payments in over 100 cryptocurrencies.
- The proprietary stablecoin PYUSD is a central element integrated into PayPal's business model.
- Transaction fees start at 0.99% in the first year and will increase to 1.5%, offering a cheaper alternative to credit cards.
- The service supports wallets from Coinbase, Binance, Kraken, and includes some memecoins like $TRUMP and $FARTCOIN.
Companies of all sizes are under enormous pressure in global expansion, from rising costs for accepting international payments to complex integrations. Today, we are removing these barriers and helping every business achieve its goals.— PayPal CEO Alex Chriss in a statement about the new crypto payment feature.
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