Cryptocurrency

New Integration Makes XRP Available with over 100 Payment Methods: Details

The Mobile Wallet app for XRP Ledger just made a big announcement that will positively impact payment options on the platform.

Xumm, the mobile wallet app for XRP Ledger (XRPL) just hinted at a new development that will enable crypto enthusiasts to purchase XRP using over 100 conventional payment options. Xumm made this disclosure via its official Twitter account.

Read Also: Coinbase Chief Legal Officer Clarifies Why ALGO Not Delisted Like XRP

How Xumm Intends To Make This Possible

Xumm will collaborate with the Poko app, a move that aims to improve the Xumm On-Ramping Experience with the application of Poko’s On-Ramp Aggregator. The collaboration will enhance effortless multiple XRP transactions together with increased access to digital assets, especially among crypto users in Asian regions.

Speaking about the partnership with Poko, Maaike van der Veen, the Chief Business Officer at XRPL Labs noted that XRPL hopes to develop a more productive and easily accessible user interface when swapping fiat currencies for cryptocurrencies and other digital assets like XRP. In addition, the integration will simplify the intricacies involved in transferring funds between the local banking systems and XRP Ledger.

Below are the exact words of the Chief Business Officer at XRPL:

“Our collaboration with Poko reflects our commitment to enhancing the user experience in the XRPL ecosystem.”

Read Also: XRP Hits Correction Target Zone, Analyst Foresees $3.47 Price. Here’s His Chart

Other Previous Means By Which XRPL Seems To Advanced Its Payment Options

Apart from XRPL’s latest merger, the mobile wallet app has constantly devised means of enhancing its payment options. Just last month, the platform announced a new partnership with Ecwid by Lightspeed, an e-commerce platform.

With the coalition, Xumm will become a certified payment option with track-finding capabilities encompassing more than one million Ecwid stores. Also, this development will improve the availability of XRPL payment options to many online merchants via enhanced cross-border and cross-currency dealings.


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Chinedu Agbakwusi

Chinedu Agbakwusi is a medical student at the prestigious Nnamdi Azikiwe University with sound knowledge of the crypto space. I am here to be a reliable plug for well-researched crypto content ranging from crypto news to market analyses and blockchain inventions.

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