The Currency Analytics
By Dan Saada
Ripple (XRP) The Future of Micropayments
RippleNet state that they can empower financial institutions worldwide to enable faster and more affordable real-time payments for their customers.
Real time payments matter because they combine speed, communication, and data to make payments possible in just a matter of seconds.
There are some community members who are ignorant of the speed factor. One of the commentators opined that Ripple are assuming that they are the only company who are able…
One of the Reddit clarifications have to state that Paypal does payments as a front end solution and that Ripple is a back end solution.
PayPal bank transfers take more than a day and in many cases it is 2-3 days. This requires Nostro Vostro accounts, and this is a million/billion dollar tie up for each bank,…
Jimmytatty on Reddit made it very simple stating, “Ask yourself this question...when you cash out from PayPal to your bank, do you see it in your bank account right away?
Sydney Ifergan, the crypto expert tweeted: “Paypal make the best fortune possible with every transaction making the customer feel like RIP.
XRP is set to evolve to be the future of micropayments. They are constantly working to streamline user experience to provide for the best quality peer to peer payment.
With several banks and financial institutions providing these real-time payment methods to deal with the CoVid19 pain points, Ripple are all set to be positioned as innovators…