Archive · 13 Sep 2025
PayPal's Crypto Integration Reduces Fees for Small Businesses
PayPal created a new service called "Pay with Crypto" to help small businesses.
This service allows businesses to accept payments in cryptocurrencies, like Bitcoin, for goods and services.
This can help them save money on fees compared to using traditional payment methods.
The service uses PayPal's stablecoin, PYUSD, which helps with transactions.
This could help small businesses get money faster and reach more customers, including those who use cryptocurrencies.
In the long run, this move by PayPal might change how payments work and could benefit small businesses around the world.
PayPal launched 'Pay with Crypto' to enable businesses to accept cryptocurrency payments.
The service offers lower transaction fees compared to traditional payment methods.
PayPal's PYUSD stablecoin supports real-time settlement for businesses.
The new service can help businesses to access the global market.
This initiative addresses the high fees often charged by major payment processors.
- Who
- PayPal is offering the Pay with Crypto service.
- What
- PayPal launched Pay with Crypto, enabling merchants to accept cryptocurrency payments.
- When
- The service was rolled out on July 28th.
- Where
- The service is initially available in the U.S.
- Why
- To reduce transaction fees for small businesses.
- Service Name
- Pay with Crypto
- Launch Date
- July 28th
- Initial Fee
- 0.99%
- Fee After One Year
- 1.5%
- PYUSD Yield
- 3.7% to 4% annually
- Total fees in 2024
- $111.2 billion
- Increase from last year
- 10%