Ripple’s XRP News (Jan. 20, 2020) – Thank to a new BitPay integration, Ripple’s XRP holders will be able to pay for Amazon products and services with the crypto coin.
BitPay, the popular crypto payments processing firm announced it has implemented a few feature on it’s blockchain cryptocurrency payment software called XRP-Amazon Pay.
This XRP news is not is not only good for Ripple; the company behind the coin. But also for the entire crypto community. Any crypto adoption news is a win for the whole cryptocurrency market.
How to pay on Amazon and affiliate stores with XRP
With the new features, BitPay users can use their XRP coins to purchase gift cards from Amazon. With the cards users can buy products and services from the online store giant.
Tony Gallippi, BitPay’s co-founder confirmed the Amazon / XRP news via Twitter by retweeting a tweet posted by an XRP fan.
With the new gift card in hand, purchased with XRP coins, holders have the choice of spending the funds on any retail products, services on Amazon’s online stores and shops like Whole Foods.
In addition, gift cards balances can purchase items from Home Depot, Burger King, Airbnb, AMC Theaters, Domino’s, Jiffy Lube, Office Max; just to name a few.
BitPay & Ripple cryptocurrency adoption drive
BitPay is in the forefront of the cryptocurrency adoption drive. In addition to affording companies and persons to accept crypto payments. Users can also securely store their crypto assets on BitPay’s wallet.
This BitPay and XRP news is one of the latest partnerships between the two popular blockchain companies. The two formed a partnership in early October to allow payments to BitPay partners using XRP.
Why Ripple’s XRP?
Sean Rolland, the person who’s in charge of BitPay’s products development says the company decided to go with Ripple’s XRP because its scalability and speed compare to none.
“BitPay customers are leveraging the promise of blockchain payment technology and with XRP can offer a payment option that is fast, cost-effective and scalable. The addition of XRP as the next blockchain asset supported by BitPay expands blockchain choices across the payments space.”
BitPay’s XRP integration is only available to United States users at this time. However, crypto payment processor operates in 200+ countries around the globe.
What are your thoughts on this breaking BitPay-Ripple’s XRP news?
Mathieu is a Information technology professional with over 15 years of experience. He started one of the first bitcoin blogs existed in 2010. He started writing about, investing in bitcoin and promoting the first cryptocurrency when only a few technological savvy people knew about it. Mathieu is a world traveler who enjoys culture, technology, finance, salmon, rice and beans. He’s cool, collected and knows a great deal about blockchain technology.