Ripple News Today – Ripple Launches XRP-based P2P Payment Platform That Can be Integrated with PayID – July 29th, 2020

XRP2
  • Ripple’s Introduces Payburner, a P2P Payment Solution
  • Payburner Can be Integrated with PayID, Browsers 
  • Ripple XRP Makes Progress, Surges to the $0.2300 Level 

Ripple News Today – Yesterday, Ripple announced the launch of its new payment platform, Payburner. According to the announcement which was posted on its official Twitter handle, Payburner can be integrated with PayID, and it can be added to your browser as a plug-in. Payburner works just like Brave and its lunch comes right in time. Thanks to its integration with PayID, it is going to be different from many other blockchain-based payment solutions by other companies. This welcome development comes when the XRP price is moving higher. The XRP token has surged above the $0.2300 level breaking many resistances along the way. We will discuss this price action later.

Ripple News Today – Ripple Launches Payburner

The Twitter post from the official website was as follows was made by Craig Dewitt, the director of product at Ripple has this do say;

“Today Payburner is launching the beta for a new platform that enables instant, global peer-to-peer payments. Our growing network feature set includes a browser plugin, PayID integration, Request for Payment with encrypted peer to peer messaging, PayID network search, and a brand new eCommerce flow for 1-click checkout experiences.”

XRP (XRP) Price Today – XRP / USD

#NamePrice24H %
3
ripple
XRP(XRP)
$0.308
2.48%

Payburner will be compatible with Android and iOS devices so people should be able to add the extension to their Chrome, Firefox, Safari Explorer, or any other browser. This will make it easier for them to use. Using Payburner is easy, all you have to do is create an account and add it as an extension to your browser. After that, you’ll need to transfer 22 XRP to get the account going. Using the account, you can send and receive XRP to other account holders. You’ll also be able to receive or send payments through PayID addresses. Even if you don’t have a PayID address, you can create one through Payburner. Regarding the launch of Payburner, DeWitt posted;

“We expect to make money from the one-click merchant payout experience by requesting payments from merchants at 1% of their received XRP e-commerce purchases. Peer to peer payments and peer to peer requests are not charged any fee. Payburner does not have the ability to withdraw funds from any account and we are not in the middle of any transactions, so we send requests to merchants for fee collection.”

XRP Price Prediction 2020 – Ripple XRP Price Prediction 2020 

In other news, XRP has finally been able to move above the $0.2300 level thanks to the market-wide bull rally. At the time of writing, the price of the token was $0.239138. It is up by 8.87% against the USD and up by 6.33% against Bitcoin BTC. The trading volume over a 24 hour period is $2,059,040,286 and the market capitalization is $10,725,024,659.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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