PayPal Ushers in a New Era of Peer-to-Peer Payments Date: September 15, 2025 Location: San Jose, Calif. --- Overview PayPal announced the launch of PayPal links, a new peer-to-peer (P2P) payment feature allowing users to send and receive money via personalized, one-time links. This innovation follows the recent PayPal World platform launch, which connects major global digital payment systems and wallets. --- Key Features of PayPal Links Personalized Payment Links: Users create a unique, one-time link for each payment or request. Universal Sharing: Links can be shared anywhere—text, direct message, email, chat. Privacy & Security: Each link is private, single-use, and tied to a specific transaction. Payment Management: Unclaimed links expire after 10 days; users can cancel or remind recipients via the PayPal app. Instant Funds: Recipients get immediate access to funds upon accepting the payment if they have a PayPal Balance account. --- Availability Currently available for U.S. PayPal users. Expanding internationally to the UK, Italy, and additional markets later in September 2025. --- Crypto Integration Soon to integrate cryptocurrency directly into the P2P flow, enabling convenient sending of: Bitcoin Ethereum PYUSD (PayPal USD stablecoin) Crypto transfers will connect PayPal, Venmo, and a growing ecosystem of wallets supporting crypto and stablecoins. --- Privacy Assurance Friends-and-family payments via PayPal and Venmo remain exempt from 1099-K tax reporting. Users will not receive tax forms for gifts, reimbursements, or expense splitting, preserving personal payment privacy. --- Strategic Importance Peer-to-peer payments are a core component of PayPal’s consumer platform, driving engagement and new user additions. Q2 2025 data showed: 10% year-over-year growth in consumer total payment volume (TPV). Venmo experienced its highest TPV growth in three years. PayPal World’s interoperability with billions of wallets worldwide is expected to accelerate P2P momentum. --- How to Use PayPal Links Open PayPal app and enter payment or request details. Generate a one-time personalized link. Share the link in any conversation. Recipient taps the link, accepts or completes the payment within the PayPal app. Funds become instantly available to the recipient. --- About PayPal Founded over 25 years ago, PayPal is a global leader in digital payments. Serves consumers and businesses in ~200 markets. Provides secure, simple, and personalized money movement, selling, and shopping experiences. For more information: PayPal Homepage About PayPal Investor Relations --- About PayPal USD (PYUSD) PYUSD is a stablecoin issued by Paxos Trust Company, LLC, licensed by the New York State Department of Financial Services. Fully backed by U.S. dollar deposits, Treasuries, and cash equivalents. Can be bought or sold on PayPal and Venmo at $1.00 per PayPal USD. --- Media Contact Gideon Anstey Email: gbanstey@paypal.com --- Related Articles Introducing PayPal World: A Global Platform Connecting Major Payment Systems Big Ten and Big 12 Partnerships with PayPal for Student-Athlete Payments --- This release reflects PayPal's vision to transform P2P payments by making money movement as seamless and universal as sending a text message.