Thousands of online merchants accept XRP: e-Commerce platforms, casinos and betting platforms, even travel booking sites. The advantage of paying for goods and services with XRP as opposed to a bank card is that the payment acceptance rate for crypto is almost 100%, no matter where you live. A card can get refused, and sometimes banks even block cards if you perform certain types of transactions; but if you pay with Ripple, this won't happen.
Merchants use the services of crypto processing gateways like CoinsPaid
, which process all transactions for them. A processor will have a solid security and transaction tracking system, so you can be sure that the payment will be completed successfully, the merchant will get the money, and you'll receive your purchase.
Paying online with XRP is even easier than sending it to another person. If the merchant uses a major processing provider like CoinsPaid
, you should be able to complete the transaction without leaving the website. Upon clicking on 'Pay with crypto' (or something similar) or on the XRP icon, you'll get several choices:
- A Ripple wallet address that you can copy and paste into your wallet, plus a tag;
- A payment link that you can click to open your wallet (on both desktop and mobile). The amount to be paid, address, and XRP destination tag will be pre-filled already, so that you'll just need to hit 'Pay';
- A QR code – very convenient if you have a mobile XRP wallet. Scan the code, and all payment data should be filled in automatically.