XRPay

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  On initialization, the bot creates a wallet for you on the XRP Ledger

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  You can send XRP / RLUSD to other TG accounts or any address on the XRP Ledger

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  You can request payment to other users with XRPL accounts

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  You can use an alias to identify your friend's address!

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  Generate QR code for payment requests (especially helpful for merchants)

Inspiration

For the historically unbanked and underbanked, even a small transaction could cost them a significant portion of the principal in fees. Access to financial services becomes more challenging when taking into account micropayment, cross-border remittance, and other services which are typically absent or fraught with exorbitant fees in developing nations. In traditional finance, time to settlement is also a concern. These compounding challenges significantly affect the quality of life of these underserved community. XRPay, a micropayment solution built on the trustless, borderless XRP Ledger, enables transactions that are cross-border, with negligible fees, and with finality within seconds via the Telegram app. Now, everyone owns the power of modern financial services in their palms.

What it does

XRPay enables p2p transfer of XRP and RLUSD between telegram user.

How we built it

XRPay is built with Node.js, Telegram Bot API, Auth0, and XRPL.

What's next for XRPay

• Native support for fiat on-ramp
• on-chain currency conversion between stablecoins (e.g. RLUSD <-> XSGD), removing the oft costly and unfair premium that intermediaries such as banks typically charge.

Built With

• javascript
• node.js