PayPal Ushers in a New Era of Peer-to-Peer Payments, Reimagining How Money Moves to Anyone, Anywhere

Core Insights - PayPal has launched "PayPal links," a new feature allowing users to send and receive money through a personalized, one-time link that can be shared in various communication platforms [2][5] - The service is initially available to U.S. users, with plans for international expansion to markets like the UK and Italy later this month [2] - The integration of cryptocurrency into PayPal's peer-to-peer (P2P) payment flow is set to enhance user convenience, allowing transactions in Bitcoin, Ethereum, and PayPal USD (PYUSD) [3][9] Company Developments - PayPal's P2P payment volume grew by 10% year-over-year in Q2 2025, indicating strong engagement and user acquisition [5] - Venmo experienced its highest total payment volume growth in three years, reflecting the effectiveness of PayPal's strategies to improve user experience [5] - The introduction of PayPal links is expected to drive new customer acquisition and increase user engagement within the PayPal ecosystem [2][5] Product Features - PayPal links allow users to create a unique, one-time link for payments, which can be shared via text, DM, or email [8] - Each link is private and expires after 10 days if unclaimed, providing users with control over their transactions [8] - Funds are instantly accessible to recipients with a PayPal Balance account once the payment is accepted [8]