xrp crypto value

Fintech 6DOT50 accepts XRP crypto payments

Fintech 6DOT50 accepts XRP crypto payments
Written by publisher team

The digital transaction and financial services firm has added 6DOT50 XRP (Ripple), the eighth largest cryptocurrency by market cap, as another way for crypto users to access its platform.

The company says that holders of XRP cryptocurrency can now use the value of XRP to buy digital rand and spend it at more than 80,000 online stores and retailers.

The 6DOT50 platform uses cryptocurrencies as an easy way for users to store money, send and receive money instantly, as well as pay for goods and services without having to have a bank account.

6DOT50 account holders can buy or receive digital rands and redeem their value for products and services available from thousands of online stores and retailers.

The Stellenbosch-based startup runs one of SA’s largest merchant crypto networks and says in December alone it processed R500,000 crypto payments.

Also, 6DOT50 says it has bypassed processing over 1 million rand in crypto transactions, with Bitcoin and Ethereum accounting for 72% of the cryptocurrency payment value.

“We are clearly pleased with the explosive growth in crypto transaction values ​​and the positive feedback we have received from our crypto users. Adding XRP as a new way to access our transaction services solution is another step closer to making crypto as acceptable as card payments,” says 6DOT50 founder Warren Venter. Banking through our merchant network.

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