Jump to content
Sign in to follow this  
xrpmommy

Navin Gupta @ MINT DIGITAL INNOVATION SUMMIT 2019

Recommended Posts

ILP is going to connect all payment systems (ACH, banks, credit card companies) globally the way TCP IP did for the internet.

Once this is accomplished (or along the way), does this mean that companies offering services online will be able to transact in/charge micropayments in USD with the buyer using a regular credit/debit card to pay? Or will a user always have to establish an XRP wallet of some sort to make micropayments to any given service/company?

Does ILP make it feasible for pre-existing FI's (Visa/Mastercard) to allow their customers to process and charge microtransactions (USD) now or in the near future? And if so, do any ecommerce plugins currently exist that promote/support this? 

Share this post


Link to post
Share on other sites
23 hours ago, JannaOneTrick said:

1:28:40

"We're talking about doing billions of transactions everyday and the transaction cost needs to be very small."

"100,000 TPS, that's the kind of volume I am talking about."

Yesterday there were 37.697 payments on the ledger. There is room for more...1304959122_Screenshot_20190405-214614_SamsungInternet.thumb.jpg.8f4b9789eb330cc89e1b4f619d4071d8.jpg

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×
×
  • Create New...