PayPal Drives Crypto Payments into the Mainstream, Reducing Costs and Expanding Global Commerce

PayPal's 'Pay with Crypto': Streamlining Global Commerce and Boosting Your Bottom Line

Businesses pursuing global growth often face significant hurdles: steep cross-border fees and complex payment systems. These challenges cost companies billions annually. PayPal is tackling this head-on with its innovative solution: Pay with Crypto, designed to simplify international commerce, open new markets, and drastically cut costs.

Unlock New Markets and Major Savings

Pay with Crypto, powered by PayPal, connects merchants to a dynamic $3+ trillion crypto market, reaching over 650 million users worldwide. It enables instant conversion of 100+ cryptocurrencies (including Bitcoin, Ethereum, USDT, USDC) into stablecoin or fiat. This seamless integration expands revenue opportunities without the usual crypto complexities.

A standout benefit is the dramatic cost reduction. With a transaction rate of just 0.99%, Pay with Crypto can slash international transaction costs by up to 90% compared to traditional credit card processing. This substantial saving directly impacts your profit margins.

Seamless Transactions, Accelerated Growth

Beyond savings, Pay with Crypto streamlines operations, offering near-instant access to proceeds for improved cash flow. This eliminates lengthy international settlement times, allowing businesses to reinvest and grow faster.

As PayPal CEO Alex Chriss notes, "Businesses of all sizes face incredible pressure when growing globally... Today, we're removing these barriers." He illustrates: "Imagine a shopper in Guatemala buying from a merchant in Oklahoma City. Using PayPal's open platform, the business can accept crypto for payments, increase their profit margins, pay lower fees, get near instant access to proceeds, and grow funds stored as PYUSD at 4% when held on PayPal."

PYUSD: Stability and Rewards

The ecosystem is further enhanced by PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits and Treasuries. Holding funds as PYUSD within PayPal offers a unique 4% rewards rate, providing an additional incentive for merchants while keeping funds liquid and accessible.

Chriss adds, "By enabling seamless cross-border crypto payments, we're breaking long-standing barriers... These innovations don't just simplify payments—they drive merchant growth, expand consumer choice, and reduce costs. This is the future of inclusive, borderless commerce."

Key Considerations for Your Business

Pay with Crypto will soon be available to U.S. merchants, supporting over 100 cryptocurrencies and popular wallets like Coinbase, MetaMask, and Binance. While transformative, understanding key aspects is vital:

• Regulatory Landscape: Digital asset regulations are evolving; service availability may change by jurisdiction.
• No FDIC/SIPC Protection: Digital assets, including PYUSD, are not insured by the FDIC or SIPC.
• Network & Custody Risks: Blockchain transactions carry operational and security risks. Users are responsible for safeguarding keys or using reputable providers.
• Redemption & Market Risk: While PYUSD aims for a 1:1 USD peg, direct redemption access may be limited. Other parties might sell at market prices.
• Terms & Conditions: Always review PayPal and Paxos's T&Cs. Blockchain transactions are irreversible.

Embrace the Future of Commerce

PayPal's Pay with Crypto is a major step forward, offering businesses a powerful tool for global trade. By integrating crypto into mainstream payments, PayPal reduces costs, expands market reach, and sets a new standard for efficiency. If your business seeks to optimize international payments, attract diverse customers, and capitalize on the digital economy, Pay with Crypto offers a compelling solution.