The Ripple-backed startup XRPL Labs has launched a new payments app designed to give store owners an easy way to accept XRP. The app, called XRPayments, is now available on both iOS and Android via the App Store and Google Play Store.
The app instantly turns any compatible device into a point-of-sale (PoS) system, allowing retailers to accept XRP on the spot. The founder of XRPL Labs, Wietse Wind, says the app will be utilized at an upcoming XRP meetup in The Netherlands.
Look at that 🤑 Nice POS units for our payments at the #Amersfoort #XRPCommunity #Meetup, generously donated by a fellow community member 😍 They are running the XRPayments app. See you Saturday! pic.twitter.com/RCDNwbVdWr
— Wietse Wind (@WietseWind) April 18, 2019
XRPayments has a built-in currency converter, allowing users in practically any country to instantly calculate the conversion from fiat to XRP.
XRPL Labs is also developing three additional XRP-centered platforms.
- A signing platform that will allow users to access their funds on mobile devices and send and receive XRP
- A mobile cold storage operating system, giving XRP holders a secure app to create and manage cold wallets
- A web-based decentralized exchange, allowing users to trade XRP without a third party middleman
Ripple’s fundraising and development arm Xpring recently backed XRPL Labs. The undisclosed investment amount, denominated in XRP, is expected to power the company’s independent efforts for two to three years.