Overview
- PayPal Links is live in the U.S., letting users generate one‑time payment or request links to share by text, DM or email, with unclaimed links expiring after 10 days and instant funds on acceptance.
- Crypto will soon be integrated into PayPal’s P2P flow in the U.S., with support for Bitcoin, Ethereum and PYUSD across PayPal, Venmo and compatible external wallets under the PayPal World initiative.
- The rollout begins in the U.S. with expansion to the U.K., Italy and additional markets planned later this month, with further token details and timing to be disclosed.
- Friends‑and‑family transfers remain exempt from 1099‑K reporting, and PayPal says that exemption will apply to personal crypto gifts, reimbursements and shared expenses once crypto is enabled.
- PayPal cites momentum in consumer payments, including 10% year‑over‑year Q2 growth and Venmo’s strongest TPV growth in three years, and it is building on recent merchant support for 100+ cryptocurrencies.