RT BSCN (@BSCNews)PAYPAL ENABLES CRYPTOCURRENCY PAYMENTS FOR U.S. MERCHANTS- @PayPal recently announced that it is enabling U.S. merchants to accept cryptocurrency payments through its new "Pay with Crypto" service, which supports over 100 cryptocurrencies and connects with popular wallets like @Coinbase and @MetaMask.- The feature, set to roll out in the coming weeks across the United States, aims to simplify cross-border commerce by reducing transaction fees by up to 90%, providing near-instant settlement ...

PAYPAL ENABLES CRYPTOCURRENCY PAYMENTS FOR U.S. MERCHANTS- @PayPal recently announced that it is enabling U.S. merchants to accept cryptocurrency payments through its new "Pay with Crypto" service, which supports over 100 cryptocurrencies and connects with popular wallets like @Coinbase and @MetaMask.- The feature, set to roll out in the coming weeks across the United States, aims to simplify cross-border commerce by reducing transaction fees by up to 90%, providing near-instant settlement, and expanding me ...

Core Insights - PayPal World aims to simplify cross-border commerce by allowing consumers to use their domestic payment systems at millions of businesses globally, enhancing the shopping experience and facilitating international money transfers [1][6][16] - The platform will connect nearly two billion consumers and businesses without requiring additional integration for merchants, streamlining the acceptance of various digital payment options [2][6] - PayPal World is designed to be technology-agnostic, ensuring interoperability with partner wallets and providing a secure, low-latency environment for transactions [3][4] Consumer Benefits - Consumers will be able to shop internationally using their domestic wallets, making payments in local currencies and enjoying seamless money transfers across borders [1][6] - The platform will support agentic shopping experiences, allowing consumers to transact through AI agents using their digital wallets [4][6] - PayPal users traveling abroad can easily make payments using local payment systems like Weixin Pay, enhancing convenience [16] Business Advantages - Businesses will gain access to a vast consumer base without the need for additional technology investments, as PayPal World will automatically integrate new digital payment options [2][6] - The collaboration with Mercado Pago and other partners aims to enhance cross-border payment capabilities, expanding market reach [5][8] - The interoperability between PayPal and Venmo will allow businesses to tap into Venmo's younger, affluent consumer base, driving demand and increasing sales opportunities [9][10][11] Future Developments - PayPal World is set to launch in the fall, with initial partners connecting to PayPal and Venmo, paving the way for future integrations [3][13] - The platform will evolve to include advanced payment technologies, such as dynamic payment buttons and stablecoins, to keep pace with market trends [4] - The integration of UPI and Tenpay Global will further enhance the platform's capabilities, making it easier for users in India and China to transact internationally [8][10]