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The payment service Ripple is a high-performance multitasking environment that supports instant transfers in both traditional (dollars, euros, pounds sterling) and cryptocurrencies.
The product is highly sought in the iGaming industry. It prevents operators from the need to sign dozens of agreements with local payment providers. All financial services are available in one convenient and cost-effective module.
You can install the casino payment system Ripple on the most favourable terms by turning to Win Win Casino.
We provide full technical and legal assistance, customer support, significant discounts, and interesting promotional offers.
The Ripple virtual casino payment system functions as:
The history of the payment service began in 2005 with the implementation of a project for a decentralised application RipplePay.com. The online casino payment system Ripple was founded by Canadian programmer Ryan Fugger. It did not receive the proper response among B2B providers. As a result, the project was suspended shortly after its launch.
In 2011, Fugger transferred the managerial position to US programmer Jed McCaleb. Cryptographer David Schwartz and coding specialist Arthur Britto were also involved in the development. Together they reorganised the project, changing the technical component of the payment service by 50%. Ripple Labs became the new name of the company.
The payment gateway was created as an alternative to traditional bank transfers. It combines dozens of payment methods in one RippleNet application.
The system's capabilities fit perfectly into the concept of a modern online casino. It is a multi-currency gambling platform with ultra-fast operation, instant identification, and international coverage.
It is beneficial to connect the casino payment service Ripple for several reasons:
The optimisation of transfers
Payment services from the world's leading operators are integrated into RippleNet. This feature makes transactions cheaper and more reliable.
The lion's share of transaction details (MBO of a banking institution, IBAN code) is filled in automatically. It is convenient for users
The installation of the casino payment system Ripple implies instant conversion of more than 120 currency pairs from 55 countries, including Europe, Asia, North America, and Australia
The support for blockchain transfers
The service is adapted for processing operations in cryptocurrencies (BTC, XRP, LTC and other digital units). Moreover, the website can be used as an intra-system crypto exchanger with a loyal conversion rate
High speed of work
The connection of the payment systems for casinos Ripple is beneficial due to its good performance. The service processes over 65 thousand requests per minute. The average waiting time is 4 seconds
Tools for increasing liquidity
RippleNet includes a unified credit line. The operator can fix the rate at the time of the transfer (to pay for software rental, internet hosting, etc.) and borrow the missing amount from RippleNet at a minimum percentage.
This possibility increases the liquidity of the business, especially in the B2B segment
The payment service includes a multitasking admin panel. An operator can adjust transactions (sequence, currency, date, and time), generate reports, exchange messages with partners, etc.
The integration of the Ripple payment systems into casinos is based on Blockchain technology. Each block in the chain is protected by crypto-encryption. The distributed database (its particles are located on hundreds of thousands of remote PCs) guarantees fast and anonymous international transfers.
The integration of casinos with the Ripple payment systems is based on several protocols:
The integration of casinos with the Ripple payment systems ensures good protection of gambling projects from numerous internal and external threats. These are hacker attacks, theft of passwords and personal information, illegal seizure of assets, and other fraudulent actions that destabilise the operation of iGaming resources.
The payment system created based on blockchain technology works as a whole entity due to reliable cryptographic encryption of each element.
All blocks are encoded using the SHA-2 algorithm. It makes the process of storing, transferring, and processing information safe.
The connection of the casino payment system Ripple complies with such standards:
The connection of the payment system Ripple to casinos is beneficial for operators who want to expand the list of supported payment methods with ultra-fast cryptocurrency transactions.
RippleNet is an environment for the development, storage, exchange, and use of the XRP digital units as an effective tool.
The main reasons to work with XRP payments:
RippleNet can be used as a cryptocurrency conversion centre. The exchange of XRP to tokens of a different rank (Bitcoin, Ethereum) is exempt from commissions.
When converting digital monetary units to fiat money, a user should pay a network transaction fee — 0.013 cents.
To conduct blockchain operations, it is necessary to create two XRP Ledger wallets (for a gambler and an operator). This can be done on the official RippleNet website in a few clicks.
The payment system Ripple is a universal and multitasking tool for cross-border transfers.
Order the payment module from Win Win Casino by leaving a preliminary request on our website.
We will provide full maintenance of your project — from the preparation of legal documentation to staff training.
The Win Win Casino company proposes turnkey projects with both fiat and crypto payment services.
Cooperation can be organised according to the White Label scheme, franchise agreement, or the purchase of universal scripts for Bitcoin and Telegram casinos.
Create a casino with fast and secure transfers:
Author: Ivan Mostovoy