Accept Ripple (XRP) Payments
Let your customers pay with XRP. Get Euro payouts or convert to Bitcoin.
Ripple (XRP), is a technology intended to increase the speed of settlement, the security of transactions, and provide liquidity to financial institutions and companies. It has been successfully implemented and their team has produced use cases for banks, exchanges, corporations, and payment providers. The potential of scaling for XRP is incredible with the possibility of outperforming traditional payment processors.
When making a transaction with XRP, it takes exactly 4 seconds for the payment to go through the system and reach a settlement. Their company goal is to provide a consistent, frictionless experience that will ultimately replace the current financial model.
The vision is to bring forth a new era where financial institutions are using a modern and enhanced system. The technology that exists today will help them lower the costs of making a transaction, reduce the amount of human labor in bookkeeping, and increase their overall profits.
Official Website: https://ripple.com/
How to accept XRP payments on your website?
CoinGate makes it easy to receive customer payments in most popular cryptocurrencies, including XRP. To make it simple for merchants, all received payments are automatically settled to EUR/USD or to BTC, depending on your preference.
To integrate our payment gateway on your website, choose either:
- One of CoinGate ready-made integrations for e-commerce content management systems or web billing platforms (like WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and similar)
- Developer API that can be configured for any website and different codebases (e.g. Ruby, PHP, Omnipay, Python, NodeJS...)
- Payment buttons for accepting donations or simple payments (for example, if you only sell one or several products)
To get started with accepting XRP as well as Bitcoin, Litecoin and other coins, first, sign up with CoinGate. Then, create API credentials if you are planning to use our e-commerce plugins or the API; if not, go ahead and create your first payment button.
If you wish to keep all your received payments in cryptocurrency (i.e. to receive payouts in Bitcoin), then no verification is usually needed to use CoinGate. For Euro or U.S. Dollar settlements, you will have to pass our simple merchant verification procedure by uploading your business documents and director's ID.
How it Works - Accept XRP Payments on Any Store
Payouts in Euros, U.S. Dollars or Bitcoin
You are selling a product or service in your store and set the price in a currency of your choice (for example 10€).
We calculate how much bitcoins it is worth, in real-time, by selecting the best price from several Bitcoin exchanges.
Your Customer pays with bitcoins and Altcoins.
You receive 9.90€ (10€ - 1% processing fee).