CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
TimesTabloid 2025-09-01 08:42:40

Send Money Across the World: Here’s How Ripple Payments Works

Phil Kwok, co-founder of EasyA, shared a post on X showcasing how Ripple’s payment system operates. His message was short and direct, stating that Ripple enables money to be sent across the world at any time, whether day or night. Alongside this caption, he attached a demonstration video, which provided a step-by-step view of how a payment is processed through Ripple’s platform. The walkthrough reveals a practical look at the system’s design. It shows the details involved in completing a transaction from start to finish. how @ripple payments works: send money across the world. any day of the week. any hour of the night. pic.twitter.com/HDUabIejBa — Phil Kwok | EasyA (@kwok_phil) August 31, 2025 Step-by-Step Process The video begins by showing that payments on Ripple start with stablecoin balances, specifically Ripple USD (RLUSD). The user is guided to select “Create Payment” and chooses between making an individual or batch transfer. For the demonstration, the individual option is selected. The system then asks who is sending the payment, and the sender selects “Myself,” confirming that the payment is being initiated directly. The flow progresses to beneficiary selection. Several businesses are displayed as saved recipients, and the sender chooses Aetheris International, a company based in the United Kingdom. With the beneficiary chosen, the payment details screen is filled in. The funded RLUSD balance is set as the source of funds, and the sending amount is entered as 14,500.00 RLUSD. The platform automatically generates a conversion quote, showing the amount to be received in British pounds. For this transaction, the receiving amount is displayed as 10,717.67 GBP. A short description is added under the purpose of the payment, which is listed as “Compensation Payment” with the note “Q1 2025.” The system also provides a timer next to the conversion rate, making it clear that the rate has a limited validity window before a refresh. Review and Confirmation Before the transaction is finalized, the sender is shown a review screen that summarizes all details. The sending amount of 14,500.00 RLUSD and the receiving amount of 10,717.67 GBP are displayed again. The beneficiary’s information is listed, including the company name, country, and bank account details in the United Kingdom. The payment date is noted as Sunday, May 25, 2025, with the description fields matching those entered earlier. Once confirmed, the system processes the payment and provides an on-screen message stating that the payment has been initiated successfully. This step is marked as part of the guided process, showing “7 of 8” before completion. Transaction Record The video then shifts to the payment history table. Each entry includes a unique payment ID, timestamp, beneficiary, amount sent, and amount received. The Aetheris International transfer is clearly listed, showing the 14,500.00 RLUSD sent and 10,717.67 GBP received. Other records in the table display completed transactions to additional beneficiaries in various currencies, reinforcing the system’s cross-border scope. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Significance of the Demonstration Kwok’s post did not provide commentary beyond the short caption, but the demonstration itself highlights how Ripple’s payment platform is structured for usability. From initiating a payment, selecting a beneficiary, reviewing exchange rates, and confirming the transfer, each stage is clearly defined. The walkthrough concludes with a completed entry in the ledger, showing how transactions are documented. The post underscores the operational function of Ripple Payments and illustrates how the system enables international money transfers in real time. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Send Money Across the World: Here’s How Ripple Payments Works appeared first on Times Tabloid .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.