PayPal Launches Enterprise Crypto Payments: Businesses Can Accept 100+ Digital Currencies
TradingKey - On Monday, global payment leader PayPal(PYPL) announced a new feature allowing business merchants to accept payments in over 100 cryptocurrencies, including Bitcoin, Ethereum, USDT, and USDC.
Under PayPal’s plan, merchants can link their PayPal accounts to crypto wallets via major platforms, including Coinbase, OKX, Phantom, MetaMask, and Exodus. Consumers may select any supported cryptocurrency at checkout, with funds automatically converted in real-time to fiat currency or PayPal’s stablecoin PYUSD for merchant deposits.
PayPal also confirmed that crypto payment transaction fees will be capped at 0.99% until July 31, 2026—significantly below traditional credit card rates of 1.5%–3.5%. Merchants opting to convert funds to PYUSD will also earn approximately a 4% yield on stablecoin balances.
Frank Keller, PayPal’s new General Manager of Large Enterprise and Merchant Solutions, noted that consumer demand for crypto payments is rising faster than expected: “It’s still nascent, but it’s surprising how quickly it’s picking up,” he said. “When PayPal turns it on, it creates trust.”
With 650 million users active in the $3 trillion cryptocurrency market, PayPal aims to help small and medium enterprises access this expanding consumer base.
Following the announcement, PayPal’s U.S. shares rose 0.85% intraday to a high of $79.50. TradingKey data shows Wall Street analysts’ average target price stands at $81.733.
(Source: TradingKey)
Related Articles
Investing in AI Infrastructure
TradingKey - Artificial intelligence is one of the more-hyped technologies of the decade. Autonomic systems, chatbots, and generative models populate the headlines.
What Happens When the U.S. Government Shuts Down? Why This Time Under Trump 2.0 Could Be Worse
TradingKey - A political standoff between Republicans and Democrats over federal spending has put the U.S. government on the brink of a shutdown by October 1, threatening to halt key government functions and furlough federal workers. While such shutdowns have become routine, this one could be more.jpg)
Costco Closes 2025 with a Bang: Membership Loyalty Drives Profit Surge
TradingKey - In a complex macroeconomic environment, Costco delivered robust revenue growth, improved profit margins, and exceeded earnings per share expectations, concluding its 2025 fiscal year on a high note. The company’s membership-driven business model demonstrated enduring resilience.
Fed Rate Cuts: Will the Russell 2000 Outperform the S&P 500?
TradingKey - On 17 September, the Federal Reserve cut interest rates by 25 basis points, marking the official restart of the rate-cutting cycle. In theory, small-cap stocks, compared to large-cap stocks, benefit more from Fed rate cuts. This is because they are more reliant on external financing...
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.
