PayPal has introduced “Pay with Crypto,” a payment solution aimed at transforming global commerce by allowing merchants to accept cryptocurrency with near-instant settlement and significantly reduced fees.
The service connects over 100 cryptocurrencies and major wallets such as Coinbase and MetaMask, cutting transaction costs by up to 90 percent compared to traditional international credit card processing.
Tired: Paying high transaction fees for international payments.
Wired: Reducing costs up to 90% by offering pay with crypto for payments.
✅ Reduce international transaction fees by up to 90%
✅ Offer 100+ cryptocurrencies and eligible wallets at checkout
✅ Get immediate… pic.twitter.com/3XgOXW2Smr— PayPal (@PayPal) July 28, 2025
Building on this capability, the feature enables instant conversion of crypto into stablecoins or fiat currency, granting merchants direct access to a market of more than 650 million crypto users. With a transaction fee of just 0.99 percent, PayPal states that the service is designed to help businesses improve profit margins, streamline cross-border payments, and eliminate the complexity of legacy banking systems.
Alex Chriss, President and CEO of PayPal, highlighted the accessibility of the new platform.
“With PayPal’s open platform, a business can accept crypto, lower costs, get near-instant access to funds, and even earn rewards for holding PYUSD,”
Chriss explained.
Additionally, PayPal’s strategy integrates cryptocurrencies and digital wallets into a unified platform that supports both crypto and fiat transactions. As a result, U.S. merchants can now accept Bitcoin, Ethereum, USDT, USDC, and other major digital assets, while also connecting with wallets including Binance, Kraken, Phantom, and Exodus.
Notably, PayPal recently partnered with Fiserv to expand the global use of stablecoins, facilitating faster and more cost-effective payments for freelancers and vendors. This collaboration follows the launch of “PayPal World,” an initiative that unites five major digital wallets on a single platform, aiming to simplify and accelerate cross-border transactions.
By linking these developments together, Chriss emphasized the broader impact of the rollout.
“By breaking long-standing barriers in global payments, we are giving businesses a way to grow faster and at a lower cost,”
he said.
“This is the future of borderless commerce.”
PayPal confirmed that “Pay with Crypto” will be made available to U.S. merchants in the coming weeks, with plans for international expansion already underway.
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