PayPal announced that it will allow P2P transfers with cryptocurrencies, although part of the community believes that the company is arriving late.
by Paulo Márquez 17 September, 2025 Reading time: 5 minutes
PayPal could apply a flat fee of 2.99% for P2P payments with cryptocurrencies.
Among the cryptocurrencies supported at the beginning are Bitcoin, Ethereum, and PYUSD.
PayPal announced on September 15 that cryptocurrencies will be directly integrated into its peer-to-peer (P2P) payment flow within the app, allowing direct transfers between individuals with crypto assets such as bitcoin (BTC) and ether (ETH), among others. The announcement is part of a broader initiative by PayPal to integrate P2P payments, although part of the community believes that the company is arriving late to the crypto asset industry.
It is worth mentioning that PayPal recently published an article about P2P payments with cryptocurrencies on August 29, 2025. In it, the pioneering payment company formally claims privacy and security as fundamental pillars of these services, but it is unclear how these philosophical principles will be integrated into the final platform.
In terms of privacy, PayPal emphasizes that "P2P payments keep banking information confidential, so users do not have to provide it to others or enter it on e-commerce websites."
Regarding security, the company stresses that it provides confidentiality in payments to merchants or individual services, but does not clarify whether this will apply to peer-to-peer payments, the type of monetary transfer that should be more confidential.
