PayPal has launched a new ‘Pay with Crypto’ feature, enabling merchants to accept payments over 100 cryptocurrencies. Once a payment is made, PayPal will automatically convert it into fiat currency or PayPal USD (PYUSD). From there, funds are then deposited directly into the merchant’s PayPal account. PayPal will be charging a 0.99% transaction fee for all crypto payments. At the time of writing, Paypal’s Pay with Crypto feature is currently limited to US-based merchants. So my Paypal account was hacked at exactly 10:01am this morning. In the many years that I have been doing online transactions, I've gotten used to frauds and hacks but this one from Paypal (Unauthorized Transaction) is the biggest so far. Just woken up before 10am this morning and was checking the blog when I received an email alert from Paypal (thanks to the GMail pop-up alert plugin). Read more in our articles including "PayPal introduces Pay with Crypto feature" and "Banks, e-wallets face new BSP rules on digital payment fees".
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Jun 11, 2026PayPal has launched a new ‘Pay with Crypto’ feature, enabling merchants to accept payments over 100 cryptocurrencies. Once a payment is made, PayPal will automatically convert it into fiat currency or PayPal USD (PYUSD).
From there, funds are then deposited directly into the merchant’s PayPal account. PayPal will be charging a 0.99% transaction fee for all crypto payments. At the time of writing, Paypal’s Pay with Crypto feature is currently limited to US-based merchants.
Our coverage of Paypal cryptocurrency includes: "PayPal introduces Pay with Crypto feature"; "Banks, e-wallets face new BSP rules on digital payment fees"; "Disputing Unauthorized Transactions on Paypal". Each article provides unique insights and information.