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The Daily Hodl
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Ripple Executive Exploring E-Commerce Payments Platform Powered by XRP

by Daily Hodl Staff
May 15, 2020
in Ripple and XRP
[the_ad id="93550"]

Ripple’s director of product says he’s considering launching an XRP-powered e-commerce payments platform.

Craig DeWitt, who has previously launched XRP-related projects out of the blue, says the platform would be easy to integrate on any website looking to accept cryptocurrency.

“Considering launching an e-commerce payments platform using payburner, open to the world… the guts of xSongs already does this beautifully.

[This would] make it stupid simple to use so anyone can accept XRP payments in their personal sites with a simple code snippet.”

DeWitt rolled out xSongs in December, a new digital marketplace that allows musicians to sell their songs online for XRP. There’s no fee to upload or post songs, and musicians receive 100% of the revenue from their sales through peer-to-peer XRP payments.

XSongs also utilizes Payburner, an integrated payment system built on top of the XRP Ledger.

[the_ad id="95413"]

After DeWitt brought up the idea for the e-commerce payments platform, Wietse Wind, the CEO of Ripple-backed XRPL Labs and founder of the XRP-based banking app Xumm, quickly offered his support.

“We could team up, doing payburner and Xumm implementations (enable one or both in a simple e-commerce platform specific admin module) at once? 

(We’re looking at WooCommerce and Shopify for the first plugins).”

The e-commerce platform would boost Ripple’s goal of increasing the usability of XRP. Speaking about xSongs in late November, DeWitt noted that the short-term objective for the platform isn’t to make money.

“If you can build a product that drives significant value to the market, monetization will not be a problem.

Uber loses money on ever [sic] ride they give, but they’ve built something incredibly valuable.”

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