Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

PayPal Crypto

PayPal

4.3/5 1.2/5 · Data verified on

A service with over 430 million users offering the native PYUSD stablecoin on Ethereum and Solana, integrated with Venmo and Braintree. Crypto functionality is limited to the US, however, privacy is rated very low and there is no public affiliate program.

61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee Free
IBAN condiviso
Multi-currency Yes · 25 currencies
Outbound transfers to third-party IBANs No
Utility direct billing No
SEPA direct debit (SDD) No
Interest on balance 4%
ATM withdrawal not declared
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries US · 1+ countries
Regulator FinCEN, state regulators
OAM Italy registration No
Segment B2C
MiCA / License status Money Transmitter + EMI (UK/EU)

Plans & pricing

Strengths

  • 430M+ users; PYUSD stablecoin native ETH+Solana; integration Venmo/Braintree.
  • No notable sovereignty advantage documented.

Weaknesses

  • US only for crypto; privacy 2/10; no affiliate program.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.

Verdict

A D ★ 4.3/5 ★ 1.2/5

The A tier, the highest in the category, rests on over 430 million users, FinCEN and state-regulator oversight, and a native PYUSD stablecoin on Ethereum and Solana: for the everyday user this is the strongest institutional footing on offer here. The limits are crypto functionality confined to the US and the absence of an affiliate program.

What makes it safe for the mainstream sinks it on sovereignty: one of the lowest privacy scores, centralised custody, full KYC and PYUSD entirely controlled by PayPal, hence freezable at the issuer's discretion. It is the opposite of crypto-native logic, with no self-custody and no censorship resistance.

Privacy & anonymity 30% 0.5
Fund control 20% 0.0
Censorship resistance 20% 1.5
Costs 10% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is PayPal Crypto a real bank?

PayPal Crypto operates under a Money Transmitter + EMI (UK/EU) licence. Fund protection: Safeguarding — no deposit guarantee.

Can I send transfers to third-party IBANs with PayPal Crypto?

The ability to send transfers to third-party IBANs is not documented; check the official website.

Does PayPal Crypto support direct debits and utility billing?

SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.

Which fiat currencies does PayPal Crypto support?

PayPal Crypto supports 25 fiat currencies. Multi-currency accounts: supported.

Can I withdraw crypto on-chain from PayPal Crypto?

On-chain crypto withdrawal is not documented; check the official website.

Sources

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Update history

✓ Terms unchanged since Jul 18, 2026

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