The PayPal crypto alternative that lets you keep the crypto
PayPal converts every crypto payment to dollars and holds it in your PayPal balance. 402pay pays your own wallet, in the coin your customer sent.
- 0%
- of every crypto payment, against 1.5% with PayPal Pay with Crypto
- Your wallet
- not PayPal Pay with Crypto's account
- Cards + crypto
- in one checkout, into one wallet
PayPal Pay with Crypto at a glance
PayPal's Pay with Crypto lets customers pay with crypto at a PayPal checkout. It costs 1.5% at the standard rate, and it's open only to verified US PayPal Business accounts, and not in New York.
Every payment is converted to dollars and kept in your PayPal balance, so you never receive crypto at all, and the money stays under PayPal's account rules until it reaches your bank.
Why businesses switch from PayPal Pay with Crypto
The reasons businesses give for leaving PayPal Pay with Crypto come back to the same few things: who holds the money, what it costs as sales grow, and which customers can pay at all.
You never hold crypto
Every payment is converted to dollars and kept in your PayPal balance.
1.5% at the standard rate
On a $1,000 order that's $15; 402pay takes no percentage at all.
US merchants only
Pay with Crypto is for verified US PayPal Business accounts, and not in New York.
402pay vs PayPal Pay with Crypto, side by side
- Percentage of every crypto payment
402pay
0%PayPal Pay with Crypto
1.5%, standard rate- Payments go straight to your own wallet
402pay
AlwaysPayPal Pay with Crypto
No- Money is yours the moment it confirms
402pay
InstantlyPayPal Pay with Crypto
On PayPal's schedule- Cards, Apple Pay and Google Pay in the same checkout
402pay
3%, in betaPayPal Pay with Crypto
Separately, as card payments- USDT on Tron
402pay
YesPayPal Pay with Crypto
No- Nothing to host or maintain
402pay
Fully hostedPayPal Pay with Crypto
Yes- Open beyond the US
402pay
YesPayPal Pay with Crypto
US only, not New York- Available today
402pay
YesPayPal Pay with Crypto
Yes- Networks
402pay
Solana, Polygon, Ethereum, Tron, Bitcoin
PayPal Pay with Crypto
Customers pay from wallets and exchanges; you receive USD
What you keep with 402pay
Percentage fees grow with every order. Pick your average payment and your volume to see what PayPal Pay with Crypto would take out at its list price.
PayPal Pay with Crypto would take out of your payments every month
$300
That's $3,600 a year. 402pay takes out nothing.
- PayPal Pay with Crypto
- $300.00
- 402pay
- $0.00
The bottom line
PayPal lets customers spend crypto, but you never receive any: every payment is converted to dollars and kept in your PayPal balance, and only US businesses can use it. 402pay pays you in the coin your customer chose, straight to your own wallet, wherever your business is.
With 402pay
- Who holds the money
- You, in a wallet only you hold the keys to
- When it's yours
- The moment the network confirms it
- What it costs
- 0% of a crypto payment
With PayPal Pay with Crypto
- Who holds the money
- Payments are converted to USD and held in your PayPal balance
- When it's yours
- On PayPal's funding schedule
- What it costs
- 1.5%, standard rate
Here's what you can do in 30 minutes
Time is money, and with 402pay, it's yours from the very first payment.
- 5 mins
- Create your account
- Set up a self-custody wallet, or connect yours
- Pick the coins and networks checkout offers
- 15 mins
- Swap your PayPal Pay with Crypto links for 402pay payment links
- Turn on cards, Apple Pay and Google Pay, in beta
- Let customers pay the fees, if you want
- 29 mins
- Create payments from your server with one API call
- Get a signed webhook for every payment
- Hand the setup prompt to your AI coding assistant
- No. Every payment goes straight to a wallet only you hold the keys to. 402pay never has your recovery phrase, so we can't freeze, hold or move your funds.
- 0% on crypto payments at an introductory rate and 3% on cards, and nothing is taken out of a payment. The pricing page lists every fee.
- Most businesses are accepting payments the same day: create an account, set up your wallet, and share a payment link or swap in one API call.
- Yes. Nothing ties you to one processor: send new orders through 402pay while anything open finishes on PayPal Pay with Crypto, then switch over completely when you're ready.
- No. They pay on the hosted checkout by card, Apple Pay, Google Pay or from any crypto wallet, without signing up for anything.
- Yes. Connect it by its public keys and every payment goes there, for $15.00 a month.
More comparisons
PayPal Pay with Crypto details from PayPal business fees, PayPal Pay with Crypto. Names and logos belong to their owners and are shown to identify them.