PayPal Slashes Fees with New Crypto Checkout, Supports 100+ Tokens

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PayPal is rolling out a low-cost crypto payment solution for US merchants, charging just 0.99% per transaction—a 90% reduction compared to standard credit card fees.

The tool supports over 100 cryptocurrencies, converting them instantly to PYUSD or fiat to shield businesses from volatility.

Compatible with major wallets like Kraken and Phantom, the feature targets costly cross-border payments.

However, New York merchants are excluded from the initial launch.