BREAKING – PayPal Unleashes Crypto Carnival: 100+ Coins Now Accepted By US Merchants
PayPal Holdings Inc. has rolled out a way for US merchants to accept crypto payments. The company set a flat fee of 0.99% per transaction. That’s a hefty cut compared with the near 2.99% merchants often pay on cross‑border credit card sales.
According to PayPal, businesses can save up to 90% on transaction costs when buyers pay with digital coins.
Flat Fees For Crypto Payments
Based on reports, every sale automatically converts crypto into fiat or stablecoins when the merchant chooses. Companies can pick from more than 100 tokens under its “Pay with Crypto” feature.
Bitcoin and Ethereum lead the list. Other picks include USDT, XRP, BNB, Solana and PayPal’s own PYUSD. That stablecoin is backed by US dollar deposits, short‑term Treasuries and cash equivalents. Merchants who stick with PYUSD earn 4% rewards on balances held in their PayPal account.