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You are here: Home / Cryptocurrency News / BitPay And Xsolla Revolutionize Gaming Payments With XRP Integration

BitPay And Xsolla Revolutionize Gaming Payments With XRP Integration

By Mohammad Ali | Edited By Sahana Kiran,October 18, 2023, 12:00 AM

Xsolla

In a groundbreaking move, Xsolla, the eminent gaming powerhouse, has seamlessly integrated XRP as a payment option for its extensive array of games, courtesy of the BitPay payment processing platform. Enthusiastic gamers can now indulge in coveted virtual treasures from acclaimed titles like Roblox and Smitegame, all facilitated by the Ripple-affiliated cryptocurrency.

BitPay took to X (formerly known as Twitter) to herald the news, proclaiming that users can now harness the power of XRP to unlock and immerse themselves in the captivating realms of Xsolla’s gaming universe, replete with blockbusters such as SMITE and Roblox.

https://twitter.com/BitPay/status/1714092687945547943

Since its inception in 2005, Xsolla has stood as a global pioneer in the video game arena, wielding formidable tools and services tailored for the gaming sphere. The company’s inception marked a watershed moment for game developers, providing them a conduit to market, launch, and monetize their creations across an eclectic range of platforms.

At the heart of Xsolla’s mission lies the ambition to empower partners to transcend geographical boundaries, amplify revenue streams, and forge alliances with the crème de la crème of gamers. This audacious objective hinges on mitigating the challenges intrinsic to the global distribution of games.

Xsolla And BitPay Pioneering Crypto Payments

The enduring partnership between Xsolla and BitPay traces its origins back to 2014. Then, Xsolla and BitPay joined forces to process BTC payments for the gaming community at large. This symbiotic alliance has stood the test of time, with Xsolla continuously embracing an array of cryptocurrencies sanctioned by BitPay. BitPay unfurled the welcome mat for PayPal USD (PYUSD) last month, with Xsolla at the forefront of merchants availing this innovative avenue for online purchases.

This development comes on the heels of BitPay’s introduction of XRP support in 2019, a result of its collaboration with Ripple’s investment arm, Xpring. The fallout from the SEC’s indictment of Ripple for alleged infractions of federal securities law led to a temporary cessation of XRP-related payments by BitPay. 

However, with the court’s recent verdict classifying XRP as a non-security, the cryptocurrency was reinstated on BitPay’s platform in August. BitPay users can now wield XRP’s prowess across many merchants, including heavyweights like AMC Theaters, Newegg, Hublot, AirBaltic, Namecheap, and Scan Computers.

Related Reading: |Bitcoin’s $28k Leap As Dormant Forces Drive Market Momentum

Filed Under: Cryptocurrency News

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