PayPal Launches “Pay with Crypto” for U.S. Merchants Accepting 100+ Cryptocurrencies
The post PayPal Launches “Pay with Crypto” for U.S. Merchants Accepting 100+ Cryptocurrencies appeared on BitcoinEthereumNews.com. PayPal introduces “Pay with Crypto,” enabling U.S. merchants to accept 100+ cryptocurrencies with low fees and instant conversion. PayPal has officially introduced a new feature called “Pay with Crypto,” allowing U.S. merchants to accept over 100 cryptocurrencies. These comprise the best online assets, like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), and even some memecoins like TRUMP and FARTCOIN. Through this launch, PayPal maintains the image of a pioneer in the integration of conventional finance and digital assets. New PayPal Service Enables Global Crypto Payments with 0.99% Fee The new service will allow people to instantly convert crypto payments into fiat currency or stablecoins, including PYUSD, the PayPal stablecoin, under the management of Paxos. It is a quick and efficient way of money transfer, and the transaction fee is a low 0.99 percent, which makes it appealing to small and medium-sized enterprises. Additionally, the move will be part of the bigger vision of PayPal to make global commerce modern and easier. As stated by the CEO Alex Chriss on Monday, this is because businesses of all scales are under pressure as they search and expand to other parts of the world due to the costs of international payments, and integration of systems. Today we are breaking down those walls.” Notably, Pay with Crypto does more than process payments. It provides merchants with access to international customers, aids in the streamlining of the payment structures, and even provides rewards on the balance of the PYUSD in PayPal accounts. Also, U.S. firms now have the opportunity to send low-cost payments to freelancers and vendors via stablecoin, which introduces faster and cheaper cross-border payment opportunities. The next key move is the recent cooperation between PayPal and Fiserv that is supposed to widen the scope of stablecoin use across the globe. This collaboration…
The post PayPal Launches “Pay with Crypto” for U.S. Merchants Accepting 100+ Cryptocurrencies appeared on BitcoinEthereumNews.com.
PayPal introduces “Pay with Crypto,” enabling U.S. merchants to accept 100+ cryptocurrencies with low fees and instant conversion. PayPal has officially introduced a new feature called “Pay with Crypto,” allowing U.S. merchants to accept over 100 cryptocurrencies. These comprise the best online assets, like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), and even some memecoins like TRUMP and FARTCOIN. Through this launch, PayPal maintains the image of a pioneer in the integration of conventional finance and digital assets. New PayPal Service Enables Global Crypto Payments with 0.99% Fee The new service will allow people to instantly convert crypto payments into fiat currency or stablecoins, including PYUSD, the PayPal stablecoin, under the management of Paxos. It is a quick and efficient way of money transfer, and the transaction fee is a low 0.99 percent, which makes it appealing to small and medium-sized enterprises. Additionally, the move will be part of the bigger vision of PayPal to make global commerce modern and easier. As stated by the CEO Alex Chriss on Monday, this is because businesses of all scales are under pressure as they search and expand to other parts of the world due to the costs of international payments, and integration of systems. Today we are breaking down those walls.” Notably, Pay with Crypto does more than process payments. It provides merchants with access to international customers, aids in the streamlining of the payment structures, and even provides rewards on the balance of the PYUSD in PayPal accounts. Also, U.S. firms now have the opportunity to send low-cost payments to freelancers and vendors via stablecoin, which introduces faster and cheaper cross-border payment opportunities. The next key move is the recent cooperation between PayPal and Fiserv that is supposed to widen the scope of stablecoin use across the globe. This collaboration…
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