PayPal to let U.S. merchants accept payment in more than 100 cryptocurrencies

Posted under: Fintech
Date: 2025-07-29
PayPal Embraces Crypto: Over 100 Types Now Received | Justo Global

PayPal has announced a new payment option allowing U.S. merchants to accept over 100 cryptocurrencies, including Bitcoin, Ethereum, and niche tokens like Trump's memecoin and Fartcoin. Merchants will face a promotional fee of 0.99% for the first year, increasing to 1.5% thereafter, which is lower than the 1.57% average fee from credit card companies in 2024. CEO Alex Chriss emphasizes the potential for blockchain integration, marking a significant strategic expansion for the fintech giant.

Read more at: fortune.com