PayPal Holdings unveiled “Pay with Crypto,” a new checkout option that will let U.S. businesses accept payments in more than 100 digital assets, including Bitcoin and Ether. The feature connects to wallets such as Coinbase, MetaMask and OKX, converts the crypto instantly to PayPal’s dollar-backed stablecoin PYUSD or U.S. dollars, and charges merchants an introductory fee of 0.99% on each transaction until July 2026, rising to 1.5% thereafter. Chief Executive Officer Alex Chriss said the service is aimed at lowering cross-border fees and expanding PayPal’s reach to the growing on-chain economy. The launch came as the payments company reported stronger-than-expected second-quarter results. Adjusted earnings rose 18% to $1.40 a share, topping analysts’ $1.30 estimate, while revenue climbed 5% to $8.29 billion against the $8.08 billion consensus. Total payment volume increased 6% to $443.55 billion, with Venmo posting 20% revenue growth and active accounts edging up to 438 million. On the back of the performance, PayPal lifted its full-year 2025 adjusted earnings forecast to a range of $5.15 to $5.30 a share from $4.95 to $5.10 previously. Transaction margin dollars are now expected to reach as much as $15.5 billion. Management said advanced checkout integrations are live at nearly half of U.S. merchants and anticipate further gains as crypto payments roll out in the coming weeks.
PayPal $PYPL Q2 2025 Earnings - Revenue: $8.29B (+5%) - GAAP EPS: $1.29 (+20%) - Non-GAAP EPS: $1.40 (+18%) - Operating income: $1.5B GAAP, $1.64B non-GAAP - Free cash flow: $692M (down 49%) - Buybacks: $1.5B this quarter Other notes - TPV: $443.5B (+6%) - Venmo revenue +20%, https://t.co/1ve2i7Bl0F
$PYPL (-5.2% pre) PayPal Q2 earnings beat, but expenses jump, cash flow slides https://t.co/HmQXl6bWB2
Pay with Crypto will allow US PayPal merchants to accept cryptocurrency payments, with multiple coins supported. https://t.co/4vC5HdyLlY