XRP Payments and Cross-Border Transfers Launched by BitPay

News
Tue, 01/21/2020 - 19:17
Alex Dovbnya
XRP can now be accepted by all BitPay merchants, which could be a boon for the token's adoption
Cover image via www.123rf.com

Leading payment processor BitPay has just announced that XRP, the third largest cryptocurrency by market capitalization, can now be accepted by all of its merchants around the globe. 

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BitPay added XRP to the list of supported digital assets in early October as part of its partnership with Ripple's investment arm Xpring. However, the integration of the token only finished in January. 

“BitPay continues to expand consumers’ ability to transact in the currency of their choice and give merchants new exposure to a large base of loyal XRP users intent on driving real-world adoption,” said BitPay CMO Bill Zielke. 

eGifter has proudly become the very first merchant to accept XRP via Bitpay. As reported by U.Today, BitPay secretly allowed its customers to buy gift cards with XRP last week.  

 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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