PayPal Rolls Out ‘Pay With Crypto’ Feature, Supports 100+ Coins and Major Wallets

• Over 100 cryptocurrencies are supported, including Bitcoin, Ethereum, USDT, USDC, XRP, BNB, and Solana
• A lot of wallets are also supported, such as Coinbase, MetaMask, Binance, OKX, Kraken, Phantom, and Exodus, with more to come
• Transaction fees are capped at 0.99%, potentially by up to 90% lower than traditional international credit card fees

PayPal has officially launched ‘Pay with Crypto’, a new service for US merchants that enables them to accept crypto payments at checkout. 

Over 100 cryptocurrencies are supported, including Bitcoin, Ethereum, USDT, USDC, XRP, BNB, and Solana. The broad support extends to wallets too, such as Coinbase, MetaMask, Binance, OKX, Kraken, Phantom, and Exodus, with more to come.

How “Pay with Crypto” works for merchants

Merchants receive payment in fiat or PayPal USD (PYUSD) stablecoin (which are immediately converted upon purchase from crypto) so they don’t hold crypto volatility risk. Transaction fees are capped at 0.99%, potentially by up to 90% lower than traditional international credit card fees.

The service is rolling out within the coming weeks to US-based merchants who use PayPal’s checkout platform.…

The post PayPal Rolls Out ‘Pay With Crypto’ Feature, Supports 100+ Coins and Major Wallets appeared first on Coin Edition.