PayPal Launches “Pay with Crypto” for U.S. Businesses

PayPal has launched a "Pay with Crypto" option for U.S. businesses, enabling them to accept digital currencies such as Bitcoin, Ethereum, and meme coins. Key details include:

Integration with wallets like Coinbase, MetaMask, Binance, and Phantom
Access to over 650 million crypto holders
Promotional transaction fee of 0.99% for the first year, lower than the 1.57% average credit card fee in 2024
Instant conversion of crypto to local currency by PayPal, mitigating price volatility risks

This initiative supports PayPal's strategy to integrate digital assets into everyday business transactions.