EGifter First BitPay Merchant To Accept XRP Cryptocurrency

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BitPay, a leading provider of Bitcoin and cryptocurrency payment services, announced on Jan. 21 the launch of XRP payments and cross-border transfers.

BitPay has also added support for XRP - the cryptocurrency used by Ripple's payment network - to the BitPay Wallet app.

Although rumors were circulating on Jan. 20 across Twitter and Reddit that BitPay had added support for XRP, the company officially confirmed its work with Ripple's developer platform Xpring to complete the integration.

According to BitPay's CMO, Bill Zielke, BitPay merchants around the world are now able to accept XRP without any additional integrations required.

"With the addition of XRP, BitPay continues to expand consumers' ability to transact in the currency of their choice and give merchants new exposure to a large base of loyal XRP users intent on driving real-world adoption."

Zielke also noted that e-commerce site eGifter is one of the first merchants to accept XRP. eGifter allows users to easily purchase gift cards that can be used at hundreds of popular retailers including Amazon, Walmart and Target.

The online gifting platform has been an early adopter of Bitcoin, letting users purchase gift cards with the cryptocurrency since 2014.

"We're excited to add XRP as a payment option on the eGifter platform, and we welcome XRP early adopters in the same way we did those of Bitcoin in 2014.".

In Jan. 2019, eGifter announced support for Dash payments.

According to a recent article on Yahoo Finance regarding holiday spending in 2019, eGifter noted that while the exact numbers have not yet been determined, there was growth in overall crypto sales.

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