Ripple update: I can’t wait for the moment I could transfer money Worldwide using Ripple technology!
Today is another day when I believe even more we need Ripple technology to be used in as many countries as possible.
I work with the freelancers from all over the world. Today the web designer from India who works on some of my projects received a payment from a client via PayPal. PayPal could transfer the money to his Bank account in 3-5 days. He needed money today.
He asked me if I could send him money via WU if he sends me money via PayPal now. I said no problem to that. So he sent me $350 via PayPal. Paypal took $14 fee from him, and then also $15 fee from me. I received $321 in my PayPal account. That is $39 fee to transfer $350. Are you kidding me?
Then I transfer $321 back to him via WU cash option so he can pick it up right away. It costs another $8.
There are probably better options to transfer money (I started to Like TransferWise, but at some days it still takes days for them to deliver), but this scenario we had today must improve.
Ordinary people need Ripple! Ordinary People need technology like xCurrent, xRapid. I can’t wait for a day when I login online, click a few buttons and send money using Ripple technologies.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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