- XRP is tipped to Gain More Acceptance from Businesses Following of Partnership with BitPay
- Apart from XRP, Ethereum, Bitcoin and Bitcoin Cash Have all Being Added by BitPay
It is normal for the acceptance of a digital asset to improve following a collaboration with a top payment processor. This time the digital asset that will reap this reward is Ripple’s XRP. It is understood that XRP will gain more acceptance from global merchants on BitPay’s roaster after the recent collaboration of the two entities.
BitPay Listed XRP as a Payment Option for its Customers Recently
Recall that it was recently revealed that BitPay will list Ripple’s XRP as one of its new payment options by this year end. BitPay, one of the leading crypto payments firms, has announced that it will allow its users to pay funds to thousands of merchants worldwide with Ripple’s native token by the end of this year.
XRP (XRP) Price Today – XRP / USD
Via a tweet, BitPay revealed that soon BitPay merchants around the globe will be able to receive XRP payments along with other cryptos like Ethereum (ETH), Bitcoin (BTC), and Bitcoin Cash (BCH). The announcement made it a huge day for XRP supporters as members of the XRP twitter army were delighted by the announcement.
The XRP proponents are now claiming that Bitcoin is too volatile and slow to be listed as a top means of payment to merchants. Ripple also confirmed the collaboration via its twitter handle in this way:
“Ripple has partnered with BitPay to allow thousands of businesses accept XRP.”
On the same day, it was also revealed that Ripple’s investment extension, that is Xpring, presented a software development kit. The goal of the new development kit is to allow the integration of crypto payments into different applications.
Listing Additional Options
Following the above-mentioned partnership between XRP and BitPay, BitPay will become a part of Xpring’s SDK platform. This will automatically make it a lot easier for developers to accept cryptocurrency.
From an earlier report, BitPay finally added the number two largest digital asset Ethereum as another payment option. This was on September 16 with Stephen Pair, the company’s CEO, describing the move to bring in ETH as the next logical option.
Until that point, the crypto payment platform, which was founded in 2011, only offered support for the number one asset class Bitcoin and Bitcoin Cash. Now it has chosen to bring in more options for customers by listing XRP and Ethereum. Thus bringing in a wide range of options for users.