- PayPal launched payment links that let users send money through shareable one-time links across any messaging platform.
- The feature includes cryptocurrency support for peer-to-peer transactions.
PayPal has announced PayPal Links, a new payment service that enables individuals to send and receive money via customized and one-time links. The feature was unveiled on Monday and has cryptocurrency support for peer-to-peer transactions.
It is possible to share the payment links on any messaging platform or email, as well as in a text conversation. The PayPal application allows users to create distinctive links by entering payment information or requests. Each link expires after 10 days if unclaimed, with options to send reminders or cancel payments before completion.
PayPal Links will focus first on the U.S. customers and then proceed to the UK, Italy, and other markets later in the month. The company makes this feature a customer acquisition and ecosystem growth driver.
“Whether you’re texting, messaging, or emailing, now your money follows your conversations,” said Diego Scotti, General Manager of PayPal’s Consumer Group. “Combined with PayPal World, it’s an unbeatable value proposition, showing up where people connect.”
Launching today: PayPal links 🚀
Send and receive money as easily as sending a message–just share a one-time link by text, DM, or email.
Live now in the US, and more markets soon.
Coming next: crypto support for peer-to-peer via the PayPal app—including Bitcoin, Ethereum,… pic.twitter.com/H3ZDGUBGiS
— PayPal (@PayPal) September 15, 2025
Cryptocurrency Integration Expands Payment Options
PayPal has enhanced its new peer-to-peer payment system with cryptocurrency features. U.S. users are able to move between PayPal and Venmo accounts. The platform facilitates transfers to many digital wallets across the world that are compatible with crypto and stablecoins.
On July 28, the company also introduced Pay with Crypto, which links merchants to what PayPal defines as a $3 trillion market. The solution supports real-time conversion of cryptocurrency to stablecoins or fiat money.
Pay with Crypto accepts more than 100 cryptocurrencies and wallets such as Coinbase and MetaMask. PayPal also incurs a transaction rate of 0.99% which the company boasts saves 90% points compared to international credit card processing.
The digital payment platform has perceived these crypto capabilities as an extension of its purpose to revolutionize the way commerce is conducted by bringing together fiat and digital currencies. PayPal believes that this integration will provide consumers with a variety of payment options as well as give merchants the opportunity to expand globally.
Strong Growth Momentum in P2P Payments
In the second quarter, PayPal registered a good growth in the amount of peer-to-peer and consumer payments. The total payment volume has risen by 10% year-over-year, which was the result of the combined effect of the better user experience and increased discoverability capabilities.
Venmo has experienced the best growth in total payment volume in three years. PayPal attributes this success to the ease and transparency of money transfers across the globe.
PayPal also affirmed that transfer of funds via Venmo and PayPal amongst friends and family is not subject to 1099K tax reporting. Users will not receive tax forms for gifts, reimbursements, or splitting expenses. The company pointed out that when personal payments are received, they remain personal.
Beginning in 2026, Venmo users will have the ability to shop in millions of stores all over the world that accept the service both online and in-store. PayPal anticipates that this will strengthen its two-sided network, grow the demand among merchants, and offer consumers more options and flexibility.
