ripple payments

Ripple Payments is a Blockchain-based payment company that uses XRP ledger Blockchain, a blockchain ecosystem that is focused on, smart contracts, cross-border payments (transactions where payer and receiver are based in different countries), and digital currencies. It specializes in providing crypto-enabled and financial solutions for businesses. 

• Founders: Chris Larsen, Jed McCaleb
• Founded: 2012
• Headquarters: San Francisco, California, United States

Key Features:

• Facilitates cross-border payments where transactions can be made within seconds.
• Offers extremely low transaction fees.
• Institutions can use RippleNet, a global payment network to connect seamlessly.
• Includes a user-friendly interface that is easy to use and improves engagement. 

FAQs

1. What is the difference between XRP and Ripple?

Ripple is a company and XRP is an open-source digital asset.

2. Why does Ripple use XRP in its solutions?

XRP is efficient, fast, and reliable that supports their customer's efforts.

3. Is Ripple a publicly traded company?

No, it is not publicly traded so one cannot buy stock in the company itself.