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    XRPL Labs Is Working to Make XRP Easily Acceptable By Merchants and Store Owners with Payments App

    XRPL Labs, a startup that is already backed by Ripple, wants to make the process of accepting XRP easier for merchants as a mainstream option. To make this goal into a reality, the company has designed a payments app that will act as the transition that they need as a point-of-sale system.

    There is already a prototype of this system running, though the actual testing is not scheduled until a meetup in The Netherlands. Right now, the title of the project is XRPay, though there is likely to be some modifications upon the actual release, avoiding any conflict or confusion with the competing platform.

    The founder of XRPL Labs, Wietse Wind, states that the intention is to allow the app to work on both Google Play and the App Store when it is ready for the full launch.

    Xpring, the development and fundraising arm of Ripple, was recently a backer for the XRPL Labs work. The amount has not been released, though it was made in XRP and will ultimately push forward the work of the company for up to three years.

    Live Ripple (XRP) Price:

    1 XRP/USD =$0.2782 change ~ -7.17%

    Coin Market Cap

    $12.04 Billion

    24 Hour Volume

    $463.22 Million

    24 Hour VWAP

    $0

    24 Hour Change

    $-0.0200

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    Krystle M
    Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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