Ripple Product Manager Craig DeWitt has revealed the launch of the beta version of Payburner, a P2P payment platform based on XRP.
The director of products at Ripple, Craig DeWitt, made the announcement of Payburner launch to the public on Twitter. The news comes after the streaming gun, YouTube dismissed the Ripple lawsuit of XRP scam.
The P2P platform, Payburner comes alongside browser plugins within Brave and Chrome browser. Most likely, the project will be available on Android/iOS applications and on other browsing entities as well.
With the Payburner, it is extremely easy to send and receive payments from a PayID address. The developers have added the PayID feature within the Payburner plugin. All users new to the platform get to sign-up and create their own PayID.
You do not need to worry about making payments outside the Payburner network as the PayID enables you to do so in a facile way.
At Payburner, you are the owner of your own bank, this means Payburner is a non-custodial platform just like its previous version. The world we live in today, privacy is a concern to all but on Payburner, data is fully confidential and your privacy is honored.
However, individuals must be careful with credentials and account details knowing that there is no safety measure in case you lose the data. This also implies that Payburner allows customers to decide whatever they want to do with their money.
At the same time, the e-commerce feature for 1-click payments is enabled for the xSongs.store and spud.store. The Product Manager for Ripple invited users to test it and enter one of the mentioned platforms after installing the plug-in.
In addition, users can enable the feature for any website using the Payburner Paybuttons. About this feature, DeWitt stated the following:
At Payburner, we wanted to make a real world website that sold physical goods from scratch with the new Payburner Paybutton check out experience. So we decided on selling Potatoes online!
For merchants who wish to integrate the function, the Product Manager for Ripple clarified that the process takes about 20 minutes to complete.
There is no registration process and the plug-in will not ask for any banking information. In that regard, DeWitt announced that the plug-in made its first integration to WordPress with WooCommerce and can now be integrated into any WordPress powered website.
DeWitt said Payburner is expected to make a profit by charging a 1% merchant fee on XRP e-commerce sales.