Clarisell De Cardenas
Communications & Community Affairs Director
Public Information Officer
Checkout with Crypto
Town’s Credit Card Merchant Accepts Cryptocurrency Payments
Miami Lakes, FL – The Town of Miami Lakes is one of the first municipalities in Miami-Dade County to accept cryptocurrency (e.g., Bitcoin, Litecoin, Ethereum or Bitcoin Cash) as a method of payment for all fees collected by the Town. The Town’s current credit card merchant, PayPal, implemented this new payment option in March 2021. Consumers who have a personal PayPal account and PayPal Crypto account may “Checkout with Crypto” to pay for permits, business licenses, facility rentals, and more.
How to use Checkout with Crypto
Using Checkout with Crypto is simple – it will appear alongside other payment methods already in the wallet, like bank account, balance, or credit card/debit card.
Here is some more information on how Checkout with Crypto works:
- At checkout, if you have sufficient balance of cryptocurrency to cover the purchase, crypto will automatically display as a payment method for that purchase.
- You will be able select the cryptocurrency of your choice – Bitcoin, Litecoin, Ethereum or Bitcoin Cash, depending on what you are holding in your PayPal wallet and the balances available in each cryptocurrency. Only one type of crypto currency can be used for each purchase.
- Once you confirm the purchase, the cryptocurrency is converted to USD by PayPal on your behalf and the transaction is completed. You will receive a record of both the crypto sale, as well as a receipt for the purchased item.
- PayPal charges no transaction fee to checkout with crypto – a cryptocurrency conversion spread will be built into the conversion from crypto to USD.
For more information on Cryptocurrency & Blockchain Technology visit www.miamilakes-fl.gov/blockchain.