PayPal has unveiled a new payment feature that allows U.S.-based merchants using its platform to accept Bitcoin and over 100 cryptocurrencies.
The rollout marks a significant step in integrating digital assets into everyday business transactions.
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
To encourage adoption, PayPal is offering an introductory transaction fee of 0.99% on Bitcoin and crypto payments during the first year.
Afterward, the rate will increase to 1.5%, still under the 2024 U.S. average credit card fee of 1.57%, according to the Nilson Report.
“Businesses of all sizes face incredible pressure when growing globally, from increased costs for accepting international payments to complex integrations,” said PayPal CEO Alex Chriss.
“Today, we’re removing these barriers and helping every business of every size achieve their goals.”
Customers will be able to use their existing Bitcoin and crypto wallets at checkout.
The digital assets will be converted to PayPal’s stablecoin, PYUSD, via exchanges like Coinbase or Uniswap.
That stablecoin is then instantly exchanged for U.S. dollars and deposited into the merchant’s account.
“Last week, we launched PayPal World, our global partnership bringing together five of the world’s largest digital wallets on a single platform, fundamentally reimagining how money moves around the world,” Chriss added.
“By enabling seamless cross-border crypto payments, we’re breaking long-standing barriers in global commerce.”
The initiative builds on PayPal’s growing involvement in the Bitcoin and crypto space, which began in 2020 with Bitcoin buying and selling, followed by integrations in Venmo.
“These innovations don’t just simplify payments—they drive merchant growth, expand consumer choice, and reduce costs,” Chriss continued.
“This is the future of inclusive, borderless commerce, and we’re proud to lead it.”