Online payments giant PayPal is making it easier than ever to make payments using Bitcoin (BTC) and Ethereum (ETH) with a new chat feature.
According to a PayPal press release, users in the US can now access PayPal links within the platform’s chat feature, enabling them to make easy one-time crypto payments.
[adinserter block="1"]“The peer-to-peer (P2P) experience is about to go even further. Crypto will soon be directly integrated into PayPal’s new P2P payment flow in the app. This will make it more convenient for PayPal users in the US to send Bitcoin, Ethereum, PYUSD, and more, to PayPal, Venmo, as well as a rapidly growing number of digital wallets across the world that support crypto and stablecoins.”
PayPal’s proprietary stablecoin, USD-pegged stablecoin PYUSD, will also be functional with the new feature.
According to PayPal Consumer Group General Manager Diego Scotti,
“For 25 years, PayPal has revolutionized how money moves between people. Now, we’re taking the next major step. Whether you’re texting, messaging, or emailing, now your money follows your conversations.
Combined with PayPal World, it’s an unbeatable value proposition, showing up where people connect, making it effortless to pay your friends and family, no matter where they are or what app they’re using.”
In July, PayPal released a Pay with Crypto feature to allow online merchants to accept crypto payments.
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