> ## Content Index > Fetch the complete content index at: https://stablecoininsider.org/llms.txt > Use this file to discover other available public pages before exploring further. # How to Enable PayPal Pay with Crypto (2026) - URL: https://stablecoininsider.org/how-to-enable-paypal-pay-with-crypto/ - Published: 2026-09-10T13:07:59.000Z - Updated: 2026-09-10T13:07:59.000Z - Description: Enable PayPal Pay with Crypto for US merchants: 0.99% until 31 Jul 2026 then 1.5%; settle USD to PayPal balance; refunds in PYUSD; Orders V2 payment_source.crypto; NY merchants excluded. - Author: Alexandra - Tags: Fintech, Stablecoins PayPal **Pay with Crypto** lets verified US merchants take roughly **100** cryptocurrencies (including **PYUSD**, USDC, and USDT) from global buyers, then settle **USD** into the PayPal balance without holding the asset. As of September 2026 PayPal pricing, the promotional rate is **0.99%** of the transaction through **31 July 2026**, then the standard **1.5%** rate. That lands next to Stripe Checkout Crypto's **1.5%** all-in fee once the promo ends. 📌 Stablecoin Insider's framing: this is PayPal Expanded Checkout with payment\_source.crypto on Orders V2, not a self-custody USDC receive address and not Stripe Checkout Crypto. This guide covers Dashboard enablement, the Orders V2 create-and-redirect path, PYUSD refunds, fee benchmarks, and when to skip Pay with Crypto for Stripe, a Bridge VA, or a self-custody invoice. For Stripe's wallet checkout, see [how to accept stablecoin payments on Stripe](https://stablecoininsider.org/how-to-accept-stablecoin-payments-on-stripe/). For a wallet you control, see [how to accept USDC payments](https://stablecoininsider.org/how-to-accept-usdc-payments/). [![How to Accept Stablecoin Payments on Stripe](https://storage.ghost.io/c/73/6a/736af0e4-2274-4543-a329-2952b2b52abc/content/images/2026/09/paypal-crypto-card-stripe.png)](https://stablecoininsider.org/how-to-accept-stablecoin-payments-on-stripe/) ### Key Takeaways - Enable Crypto under Payment Methods after Expanded Checkout approval on a verified US Business account. - Fee is 0.99% through 31 July 2026, then 1.5%; PYUSD buy/sell/hold/send inside PayPal is 0%. - POST /v2/checkout/orders with intent CAPTURE, processing\_instruction ORDER\_COMPLETE\_ON\_PAYMENT\_APPROVAL, and payment\_source.crypto. - Refunds land as PYUSD (or another supported stablecoin) in the buyer wallet; disputes and chargebacks are not supported. - New York merchants are excluded; gambling/gaming needs PayPal due diligence before enablement. ⚠️ Named downside: New York merchants cannot use Pay with Crypto today, recurring/vault/auth-capture are unsupported, and crypto payments are irrevocable with no chargeback path. ## What PayPal Pay with Crypto actually is Pay with Crypto is a redirect payment method on PayPal Expanded Checkout. The buyer picks a third-party or self-hosted wallet, PayPal converts the crypto to USD in seconds, and you receive local-currency settlement on PayPal's normal merchant funding schedule. You do not hold BTC, ETH, or PYUSD as the merchant. PayPal's help center states merchants cannot accept crypto directly into inventory; conversion to USD payment is the product. PYUSD (PayPal USD) is the refund rail and a supported payer asset. Issuance and custody of PYUSD are performed by **Paxos Trust Company, N.A.**, per PayPal's public PYUSD and business pages (as of September 2026). ## Who this is for (and who should skip it) Use Pay with Crypto when you already run PayPal Checkout in the US, want global crypto payers without building custody, and can price an irrevocable payment into support policy. Skip it when the merchant is in **New York**, you need recurring billing or vaulted payments, you need card-style chargebacks, or the payer should deposit local fiat that mints USDC into a wallet you name. Those jobs map to [Stripe Checkout Crypto](https://stablecoininsider.org/how-to-accept-stablecoin-payments-on-stripe/), [a Bridge virtual account](https://stablecoininsider.org/how-to-open-a-bridge-virtual-account-for-usdc/), or [stablecoin invoicing](https://stablecoininsider.org/how-to-invoice-in-stablecoins/). ## Enable checklist (2026) ### 1\. Confirm US Business eligibility You need a verified US PayPal Business account. Developer docs last updated **11 August 2026** list US merchants only, with global buyers and a **$0.01 USD** minimum. If you sell gambling or gaming, complete PayPal's due diligence before enablement. New York merchants are blocked per PayPal's Pay with Crypto help article. ### 2\. Apply for Expanded Checkout and turn on Crypto In Account Settings → Payment Methods, locate **Crypto** and click **Get started**. Merchants must apply and be approved for Expanded Checkout; PayPal then checks that required business information is present. Integration requirements from PayPal help: approved checkout account, Crypto request in Payment Methods, business information accepted, and a completed Orders V2 integration. [Read PayPal Pay with Crypto docs](https://developer.paypal.com/platforms/checkout/apm/crypto) ### 3\. Create the order on Orders V2 When the buyer selects Pay with Crypto, **POST /v2/checkout/orders** with a unique **PayPal-Request-Id** header so retries do not double-create. Required fields from PayPal's Orders crypto guide: **intent=CAPTURE**, **processing\_instruction=ORDER\_COMPLETE\_ON\_PAYMENT\_APPROVAL**, **purchase\_units.amount.currency\_code=USD** (USD only), and **payment\_source.crypto** with **country\_code=US**, buyer **given\_name** / **surname**, plus **return\_url** and **cancel\_url**. Redirect the buyer to the **payer-action** link in the create response. Listen for **PAYMENT.CAPTURE.COMPLETED** before you fulfill. Auth-and-capture is not supported; capture is immediate on approval. [Open Orders V2 crypto guide](https://developer.paypal.com/docs/checkout/apm/crypto/orders-api/) ### 4\. Run a small live test and document refunds Send a sub-$25 test with a supported wallet asset (PYUSD or USDC are the cleanest for finance ops). Confirm USD credit to the PayPal balance and that fulfillment waits on the capture webhook, not the redirect alone. Once you approve a refund, PayPal issues **PYUSD** into the buyer's wallet (or another supported stablecoin if that wallet cannot take PYUSD). Tell support that path before go-live. ## Fees and rails compared (as of September 2026) | Method | Fee / rate | Who settles | Refund rail | Disputes | | ------------------------------------ | ------------------------------------------------------- | --------------------------------------------------- | ----------------------------------------- | ---------------- | | PayPal Pay with Crypto | 0.99% through 31 Jul 2026; 1.5% after | USD to PayPal balance (merchant never holds crypto) | PYUSD (or alt stablecoin) to buyer wallet | No (irrevocable) | | Stripe Checkout Crypto (benchmark) | 1.5% of USD amount all-in | Stripe balance in local currency | Stablecoins to original wallet | No | | Domestic cards on Stripe (benchmark) | 2.9% + $0.30 | Stripe balance | Card credit path | Yes | | PYUSD inside PayPal wallet | 0% to buy, sell, hold, or send to eligible PayPal users | PayPal / Paxos PYUSD | N/A (wallet asset) | N/A | Primary sources: [PayPal accept crypto payments](https://www.paypal.com/us/business/accept-crypto-payments), [PayPal developer Accept crypto](https://developer.paypal.com/platforms/checkout/apm/crypto), and [Pay with Crypto help](https://www.paypal.com/us/cshelp/article/what-is-pay-with-crypto-help1236). PayPal also claims an \~**85%** fee cut versus its own international card processing with FX as of **18 December 2025**; treat that as a PayPal marketing comparison, not a universal card rate. 💡 Stablecoin Insider's take: budget 1.5% as the durable Pay with Crypto number after 31 July 2026, and treat 0.99% as a dated promo. Do not mix PayPal's 0% PYUSD wallet fees with the merchant acceptance rate in a board deck. ## How this differs from Stripe Crypto and Bridge VAs Pay with Crypto settles to **PayPal balance** after a PayPal-hosted wallet redirect. Stripe Checkout Crypto settles to **Stripe balance** after crypto.stripe.com, with a **$10,000** per-transaction cap Stripe documents for that method. A Bridge virtual account is payer-fiat local rails (ACH, wire, SEPA, SPEI, PIX) into USDC you name. If finance wants deposit instructions that mint into a wallet, stay on [Bridge VAs](https://stablecoininsider.org/how-to-open-a-bridge-virtual-account-for-usdc/). If product wants a Crypto button next to PayPal Checkout, stay on Pay with Crypto. [![How to Open a Bridge Virtual Account for USDC](https://storage.ghost.io/c/73/6a/736af0e4-2274-4543-a329-2952b2b52abc/content/images/2026/09/paypal-crypto-card-bridge.png)](https://stablecoininsider.org/how-to-open-a-bridge-virtual-account-for-usdc/) ## Operational pitfalls Assuming New York is live. PayPal's help article excludes NY merchants today. A greyed-out Crypto toggle is eligibility, not a Dashboard bug. Building recurring on Pay with Crypto. Billing agreements, recurring, vaulting, multi-seller, and authorization/capture are unsupported. Keep subscriptions on cards or another PayPal method. Expecting chargebacks. Crypto payments are irrevocable and not subject to disputes. Price refunds and wallet evidence into high-risk SKUs. Confusing merchant acceptance with holding PYUSD. Merchants settle in USD. PYUSD is the refund (and a payer) asset issued via Paxos. For who actually issues branded dollars, see [who actually issues a white-label stablecoin](https://stablecoininsider.org/white-label-stablecoin-issuer/). [![Who Actually Issues a White-Label Stablecoin](https://storage.ghost.io/c/73/6a/736af0e4-2274-4543-a329-2952b2b52abc/content/images/2026/09/paypal-crypto-card-wl.png)](https://stablecoininsider.org/white-label-stablecoin-issuer/) ## Related playbooks Human wallet checkout on Stripe: [how to accept stablecoin payments on Stripe](https://stablecoininsider.org/how-to-accept-stablecoin-payments-on-stripe/). Self-custody USDC receive: [how to accept USDC payments](https://stablecoininsider.org/how-to-accept-usdc-payments/) and [how to invoice in stablecoins](https://stablecoininsider.org/how-to-invoice-in-stablecoins/). [![How to Invoice in Stablecoins](https://storage.ghost.io/c/73/6a/736af0e4-2274-4543-a329-2952b2b52abc/content/images/2026/09/paypal-crypto-card-invoice.png)](https://stablecoininsider.org/how-to-invoice-in-stablecoins/) [![How to Accept USDC Payments](https://storage.ghost.io/c/73/6a/736af0e4-2274-4543-a329-2952b2b52abc/content/images/2026/09/paypal-crypto-card-accept.png)](https://stablecoininsider.org/how-to-accept-usdc-payments/) --- ## FAQ #### How do I enable PayPal Pay with Crypto? Apply for Expanded Checkout on a verified US Business account, then enable Crypto under Payment Methods and integrate Orders V2 with payment\_source.crypto. #### What is the Pay with Crypto fee in 2026? PayPal lists 0.99% through 31 July 2026, then a standard 1.5% rate. PYUSD buy/sell/hold/send inside PayPal is 0% and is a separate wallet fee table. #### Do merchants receive PYUSD or USD? Merchants settle in local currency (USD for US accounts) to the PayPal balance. PayPal converts crypto on payment; you do not hold the buyer's asset. #### How do Pay with Crypto refunds work? Approved refunds issue PYUSD into the buyer's wallet, or another supported stablecoin if that wallet cannot take PYUSD. #### Can New York merchants use Pay with Crypto? No. PayPal's help center states New York merchants cannot currently use Pay with Crypto. #### Should I use PayPal Pay with Crypto or Stripe Checkout Crypto? Use PayPal when checkout already runs on PayPal and you want PayPal-balance settlement. Use Stripe when Checkout/Elements is the stack and you accept Stripe's $10k per-tx Crypto cap. #### Why are there no chargebacks on Pay with Crypto? PayPal documents crypto payments as irrevocable and not subject to disputes or chargebacks. Build refund policy instead of chargeback policy. --- ## Next step Confirm you are not a New York merchant, request Expanded Checkout plus Crypto in Payment Methods, create one Orders V2 CAPTURE test with payment\_source.crypto, and verify the PYUSD refund path on a sub-$25 capture before you promise the method on high-ticket SKUs. [Compare Stripe Checkout Crypto](https://stablecoininsider.org/how-to-accept-stablecoin-payments-on-stripe/) Need local fiat rails that land USDC instead of PayPal-balance settle? [Open Bridge VA guide ](https://stablecoininsider.org/how-to-open-a-bridge-virtual-account-for-usdc/) This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.