Popular cryptocurrency payment provider, headquartered in Atlanta, BitPay announces plans to support Ripple XRP. BitPay has partnered with the Xpring initiative which will allow businesses to accept Ripple XRP for payments the the payments processor. By the end of the year merchants will be able to accept the digital asset and make secure cross border payments with the ability for prepaid cardholders to store the digital asset in their BitPay Wallet. This new addition grants BitPay customers the leverage of Ripple XRP’s cost-effective and scale-able architecture.
In addition, BitPay processes over $1 billion annually and with this new infrastructure BitPay will be able to save tons of money while offering fast, secure and cross border payments to merchant accounts.
Ripple XRP is currently the third largest digital asset in terms of market capitalization.
