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icon date05th Oct 2020

CryptoBucks Launches XRP Payments

CryptoBucks, a leading cryptocurrency payment mobile app powered by Aliant Payments, is excited to announce that it has added XRP to its platform.

“In our quest to make cryptocurrency every merchant’s favorite form of payment, we’re pleased to offer another option that makes global payments faster, cheaper, easier, and more secure,” said CryptoBucks CEO Eric Brown. “Adding XRP gives consumers more freedom to transact in their currency of choice, while also allowing merchants to reach a large audience of loyal XRP users intent on driving real-world adoption.”

Aliant became one of the first processors to offer a crypto payment solution to merchants in 2017. In 2020 it launched the CryptoBucks mobile app as part of a growth strategy to partner with both major retailers and fintech and software developers to increase the use of cryptocurrency payments. In addition to XRP, the CryptoBucks app enables merchants to accept Bitcoin, Bitcoin Cash, Litecoin, and Ethereum (ether) payments both in-store and online, whilst adhering to all KYC and AML regulations.

Why XRP payments?

XRP is an open-source, independent digital asset that is native to the XRP Ledger. It is the third largest cryptocurrency by market capitalization.

What we like about XRP is that it’s a utility-type coin that is great for global, cross-border payments. Here are some of the specific reasons that we like it, and chose to add it to the CryptoBucks platform:

  • It’s fast. With transaction confirmations taking just five seconds, it’s a highly efficient settlement option for those seeking global reach, accessibility, and quick settlement.
  • There’s no face-to-face interaction required. In a traditional international wire, there are a lot of steps. This includes going to the bank in person, and physically signing things. XRP provides an instant and reliable means of paying and transferring money, without having to physically interact with anyone. Considering we are in the middle of a global pandemic, the timing couldn’t be better!
  • It’s cheaper. When going through banks and traditional financial institutions to move money internationally, there are a lot of middlemen and everyone wants their cut. The fees quickly add up and it gets expensive. In additional to being faster and easier, XRP transactions are also cheaper.

Ready to start accepting crypto payments for your business?

CryptoBucks is offering merchants their first 90 days of crypto processing transactions free-of-charge, with no monthly fees, no contract, and no termination, with the option to cancel at any time.

Click here to download CryptoBucks on the App Store.

Click here to download CryptoBucks on Google Play.