What would it take for XRP to become widely used as a payment method?

[NotATether]

XRP has a better chance of going mainstream than larger coins such as BTC or ETH, because it is maintained by a centralized company and people usually look for a company that can provide support for it.

I'm looking to see how stores would be able to put a "Pay with XRP" button on their websites just like Paypal.

XRP is not worth a lot of money so most things will be priced in units of XRP which is another advantage that larger coins do not have.

How about refunds? Most people want or need to make refunds on their purchases so would there be a way for Ripple to bear the loss of that and issue those?

[o48o]

XRP has a better chance of going mainstream than larger coins such as BTC or ETH, because it is maintained by a centralized company and people usually look for a company that can provide support for it.

I'm looking to see how stores would be able to put a "Pay with XRP" button on their websites just like Paypal.

XRP is not worth a lot of money so most things will be priced in units of XRP which is another advantage that larger coins do not have.

How about refunds? Most people want or need to make refunds on their purchases so would there be a way for Ripple to bear the loss of that and issue those?

It also has a better change of getting shut down by a government. I can't see anything revolutionary in a centralized ledger to be honest. The whole essential point in permissionless currencies is that they can't be shut down by anyone.

[LbtalkL]

I think XRP needs a solid partnership maybe a high profile and reputation company or directly endorse by the government, this coin will fly. But the question is, will that happen? The rumors about XRP being centralized I don't think government will partner with them but who knows. I tested and been using XRP across exchanges and wallets, it is really fast and cheap, good for arbitration its TPS is faster than bitcoin and ETH.

[mrdeposit]

The truth is this: not this:

[BitDane]

I think what is lacking for XRP is the government acceptance.  Once the government acknowledge XRP then it is a smooth sailing from there.  Though other do not like a centralized cryptocurrency, it will work as benefit for XRP because there is one company to control it as OP cited.  Government wants entity that can be controlled so I think if XRP strive to get an approval for government, they will get it eventually thus, they can become a widely used payment method.

The truth is this: not this:

This is just a merchant's preference.  So if some merchants supports XRP they will be  saying the other way around.

[mrdeposit]

The truth is this: not this:

This is just a merchant's preference.  So if some merchants supports XRP they will be  saying the other way around.

If you consider them only as logos, there is not much I can help you with this. I wanted to say more than you understand.  

[Furryball]

Payment with XRP will be damn too easily to put in motion than other coins, you shouldn't compare with bitcoin though because bitcoin just did it better even if its not centralized like XRP, the most trusted will always remain bitcoin

[wozzek23]

Not being centralized and under control of 2 people? Who would want to accept a currency thats basically a playground for two man children?

I personally never owned XRP and do not consider buying any in the future as well, even when offered XRP as a payment I have always declined and asked for some other currency and I have accepted worst of coins yet still not XRP. People who support XRP either do it and know what they are doing, or they have no clue how idiotic and horrible XRP is, if you just google xrp a bit and search why people dislike XRP you will literally come up with thousands of results. It is basically a play money some guys printed and you guys are gullible enough to buy into it... for no reason at all? I mean even they don't think XRP is important part of their business.

[TastyChillySauce00]

Imagine a reversible cryptocurrency and if that's to happen what's the difference with paypal considering both of them are centralized anyway. The reason why bitcoin has become widely accepted among online stores due to the fact that it's popular enough for these stores to consider and could potentially attract new customers. Meanwhile, XRP is just a centralized crypto which popularity is driven from trading activities and people who makes profit off it.

[NotATether]

Not being centralized and under control of 2 people? Who would want to accept a currency thats basically a playground for two man children?

I personally never owned XRP and do not consider buying any in the future as well, even when offered XRP as a payment I have always declined and asked for some other currency and I have accepted worst of coins yet still not XRP. People who support XRP either do it and know what they are doing, or they have no clue how idiotic and horrible XRP is, if you just google xrp a bit and search why people dislike XRP you will literally come up with thousands of results. It is basically a play money some guys printed and you guys are gullible enough to buy into it... for no reason at all? I mean even they don't think XRP is important part of their business.

Enlightened with this knowledge, it looks like Ripple is just trashing XRP, aka making yet another coin because they can. Mainly they want to make a funds transferring platform for big banks who will most likely have their own stablecoin that only a select few can buy.  Those "bankercoins" are hardly ideal coins for ordinary people to pay with.

All of their products look like they are made for banks and I totally don't understand why famous rich people are buying this (Ashton Kutcher, Scooter Braun, etc etc) if the cryptocurrency itself isn't even important.

Imagine a reversible cryptocurrency and if that's to happen what's the difference with paypal considering both of them are centralized anyway. The reason why bitcoin has become widely accepted among online stores due to the fact that it's popular enough for these stores to consider and could potentially attract new customers. Meanwhile, XRP is just a centralized crypto which popularity is driven from trading activities and people who makes profit off it.

I have to agree, XRP and many other altcoins are only popular as trading tools to be honest. But considering that most real life things would be on sale for fractions of bitcoin, people would be more inclined to deal with whole units of things, not just with money but with all of their activities. It's like pricing things at $99.99 instead of $100 for example: 9 is less than 10 and people mentally round it down to the 90s. So if I price something at it's equivalent, 0.012 btc, then people will round that down to 0.01 but that messes with their mind because that is supposed to be a small number. Which could cause them to think that everything priced in btc is expensive.

[desticy]

I do not even know. There are more convenient ways than XRP. However, seeing how large banks enter into partnerships with Ripple, different thoughts come to mind.
I wonder what exactly the partnership will be and what it means in general. It is strange that the crypto community has such an ambiguous attitude towards Ripple.

[zhekinsp]

This is currently existing method,why anyone will think private company give better security than your government since both are centralized? XRP has no chance to get main stream because its an idea controlled by someone for their benefits.

[ReiMomo]

Just because XRP is a centralized coin it will also can't be used as a payment if you care about your privacy. XRP will remain an altcoin, a centralized altcoin that there someone manipulating the price. Since it has become a centralized coin I did not invest this coin. For me, bitcoin is still the best coin to use as payment, nothing else.

[#Darren]

Still do not understand why the majority on this forum likes this centralised asset that has nothing familiar with the main idea of crypto currencies. We should support decentralised assets like ETH, LTC or Bitcoin to move further with the industry.

[othell_rogue]

Is not about ripple or bitcoin, is about cryptocurrency adoption.
Ripple is better as a payment method because is cheaper and faster, the centralization can be easily resolved by the team if they sell the coins, slowly.

Note: I am not a ripple fan and I don't hold any, I am a bitcoin fan. But this is the sad truth right now.

[pixie85]

Nothing. This scam coin is never going to be widely used.

On second thought if some big banks chose it as a bridge currency and really started to use it it could explode and have some real life uses.

If Bitcoin dies or declines it's not going to take its place because it's centralized and manipulated by Ripple Labs.
If Bitcoin doesn't die who is going to choose some cheap altcoin that keeps losing value if they can transact in BTC?

[Zionatin]

Why does bitcoin need support to be secure? It is designed so that it does not need any intervention. XRP will gain adoption alongside coins like dogecoin. Looking at the comments people do not seem ti like XRP so much.
It seems just it was just a hype coin and I have no idea what it exploded why it did. I was not worried about XRP when it came out lol... I guess I should have. It is being accepted in some places but normally online only.
What do you like about XRP so much that you want to use it more?

[Muhammad Muneeb]

XRP has a better chance of going mainstream than larger coins such as BTC or ETH, because it is maintained by a centralized company and people usually look for a company that can provide support for it.

I'm looking to see how stores would be able to put a "Pay with XRP" button on their websites just like Paypal.

XRP is not worth a lot of money so most things will be priced in units of XRP which is another advantage that larger coins do not have.

How about refunds? Most people want or need to make refunds on their purchases so would there be a way for Ripple to bear the loss of that and issue those?

what is the point of even being centralized when they can not even control the price fluctuations of XRP you can say that it is the centralized crypto which can be taken back from you, you can be sued the whole organization can be turned into dust by the government. in my opinion crypto market is way better without the xrp

[JCviggen]

a coin with such high volatility can never be used by private businesses as payment. we all understood a long time ago that the price is constantly being manipulated and as a rule, these manipulations are very sharp. you can’t pay for the car with XRP because tomorrow or in an hour it can cost 2-3 times cheaper.

[Kyraishi]

XRP has a better chance of going mainstream than larger coins such as BTC or ETH, because it is maintained by a centralized company and people usually look for a company that can provide support for it.

I'm looking to see how stores would be able to put a "Pay with XRP" button on their websites just like Paypal.

XRP is not worth a lot of money so most things will be priced in units of XRP which is another advantage that larger coins do not have.

How about refunds? Most people want or need to make refunds on their purchases so would there be a way for Ripple to bear the loss of that and issue those?

XRP is stuck in the middle ground, I think.

It's somewhat centralized but yet, it's based on an immutable ledger which means that transactions cannot be reversed very easily. That is the whole reason to go with a centralized payment processor in the first place - in order to reverse payments which you potentially got scammed by.

Also, I think that XRP's main goal is not mainstream adoption as a currency but as a settlement tool for centralized financial intermediaries. So I'm not even sure if they want that level of grassroot adoption.