PayPal Holdings Inc. shares fell the most in almost six months after reporting slower growth in payment volume and company executives said they were seeing softer retail spending as a result of the US tariff wars.

PayPal on Tuesday posted softness in quarterly branded volume growth, while broader concerns that sweeping tariffs could dent e-commerce spending later this year overshadowed its profit forecast hike and market-beating results.

PayPal was the worst-performing stock on the Nasdaq Tuesday after the financial technology firm's second-quarter profit and branded checkout volumes growth missed analysts' expectations.

The fintech company announced today that it’s rolling out a new “ Pay with Crypto ” feature in the coming weeks, allowing merchants to accept popular digital currencies like Bitcoin, Ethereum, and XRP. The platform will support transactions from several major crypto wallets, including Coinbase, MetaMask, and Exodus.

PayPal Holdings Inc. will allow businesses to accept more than one hundred cryptocurrencies at checkout. According to Frank Keller, "You have globally 650 million users that participate in the $3 trillion market of cryptocurrencies" and PayPal wants to give small businesses access to this customer base.