CoinGate a cryptocurrency payment processor announced that they added Ripple native token XRP to payment options for merchants and customers. The company announced that by a tweet on 2 Feb.
CoinGate announced in their blog post "We are thrilled to let you know that we are adding yet another payment option for our merchants, and this time it’s a big one! Due to very popular demand by the community, our next cryptocurrency on the list – XRP!".
XRP payments are accepted in more than 4500 online shops. CoinGate now settle payments in Euros, Bitcoin (BTC), Ethereum (ETH) and XRP.
Earlier in July 2018, the company announced that they will start testing Lightning Network of Bitcoin (BTC) with 100 merchants.
Ripple's token XRP is a digital asset for payments. XRP offers banks and payment provides a reliable, on-demand option to source liquidity for cross-border payments. The cryptocurrency is widely accepted and used in many banks to settle payments across the globe.
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