Ripple and XRP’s Rapid Settlement Time Attracts 28 Billion Dollar Businesses for Payments

• BitPay announces 28 key merchants globally who accept XRP as a valid payment mode.
• XRP’s rapid four-second transaction settlement time is cited as a significant attraction for these merchants.

BitPay Shines a Spotlight on XRP’s Growing Merchant Network

BitPay, a leading crypto payment gateway, recently rolled out an update detailing an intriguing array of merchants globally now accommodating XRP for transactions. This list encompasses an eclectic mix, from precious metal vendors to high-end luxury brands.

A growing number of #merchants accept direct $XRP (aka @Ripple) payments directly from your wallet. Find out more about where you can pay with XRP using #BitPay.

Learn more:https://t.co/zFGxw4uygH pic.twitter.com/qBTZs9cEDj

— BitPay (@BitPay) August 17, 2023

XRP Gains Traction: Precious Metals and Currency Sectors Lead the Charge

A trio of prominent metal brokers, namely Auragentum GmbH (Germany), APMEX (American Precious Metals Exchange), and Sharps Pixley (a British establishment since 1957), now facilitate XRP payments. Additionally, Stacks Bowers, primarily focusing on currency, has also warmed up to XRP.

Entertainment:

Among entertainment moguls, AMC Theatres, Gamesplanet, Prepaid Gamer Online, and Play-Asia.com accept XRP for their assortment of movies, games, and other leisure offerings. Furthermore, CryptoTurismo, targeting tourists, recognizes XRP as a legitimate payment method.

Travel and Transport:

AirBaltic, a key player in the airline sector, now processes XRP payments. In the realm of luxury vehicles, O’Gara Coach has integrated XRP into their payment methods.

Luxury Lifestyle:

Several luxury labels now see XRP as a valued payment channel. These include Marc Gebauer Lifestyle GmbH, Jomashop, Ace Jewelers, Hublot, O’Gara Coach, Beliani, PacSun, Wrist Aficionado, and Stephen Silver Fine Jewelers. Of particular interest is the fact that designer timepieces and jewelry from Ace, Hublot, Stephen Silver, and Jomashop can be acquired using XRP. Furthermore, PacSun caters to apparel needs for all ages, offering its collection in exchange for XRP.

Tech and Hosting:

Within the tech domain, Namecheap and Hawk Host stand out as domain and hosting service providers welcoming XRP. Scan Computers, Newegg, and HOSTKEY B.V. cater to hardware and software services, with Ledger, a cryptocurrency hardware manufacturer, joining the XRP club. Not to be overlooked, Cryptohopper B.V., a crypto trading bot service, supports a whopping 70+ digital currencies, with XRP being one.

Healthcare:

In a notable mention, the American Cancer Society, a dedicated non-profit, is on board with XRP payments. However, BitPay underlines that XRP-redeemed gift cards cater specifically to the South African demographic.

Food and Dining:

Lastly, in the culinary space, Takeaway.com stands out as the solitary BitPay-affiliated food merchant endorsing XRP payments.

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