Finance News
By Dan Saada
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Ripple (XRP) The Future of Micropayments
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RippleNet state that they can empower financial institutions worldwide to enable faster and more affordable real-time payments for their customers.
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Real time payments matter because they combine speed, communication, and data to make payments possible in just a matter of seconds.
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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…
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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.
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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,…
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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?
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Sydney Ifergan, the crypto expert tweeted: “Paypal make the best fortune possible with every transaction making the customer feel like RIP.
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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.
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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…
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