Connecting Payment Systems Evan Schwartz Company dedicated to - - PowerPoint PPT Presentation

connecting payment systems
SMART_READER_LITE
LIVE PREVIEW

Connecting Payment Systems Evan Schwartz Company dedicated to - - PowerPoint PPT Presentation

Connecting Payment Systems Evan Schwartz Company dedicated to Global, supporting decentralized, Ripples development open source network Evan Schwartz Ripple payments are Fast Free In any currency Global Secure ACH settles in 3+


slide-1
SLIDE 1

Evan Schwartz

Connecting Payment Systems

slide-2
SLIDE 2

Evan Schwartz

Global, decentralized,

  • pen source network

Company dedicated to supporting Ripple’s development

slide-3
SLIDE 3

Evan Schwartz

Free In any currency Secure Global Fast

Ripple payments are…

Wire transfers cost $5+. $1 pays for 5+ million transactions on Ripple ACH settles in 3+ days vs. 5 seconds

  • n Ripple
slide-4
SLIDE 4

Evan Schwartz

Payments technologies are not interoperable

slide-5
SLIDE 5

Evan Schwartz

Inter-network transfers are slow and expensive

slide-6
SLIDE 6

Evan Schwartz

Web payments need decentralized clearing and settlement

slide-7
SLIDE 7

Evan Schwartz

Ripple connects payment technologies

slide-8
SLIDE 8

Evan Schwartz

Ripple connects payment networks

slide-9
SLIDE 9

Evan Schwartz

Basic Users Merchants Market Makers Gateways

Ripple has four broad categories of users

slide-10
SLIDE 10

Evan Schwartz

Send from any currency to any currency

slide-11
SLIDE 11

Evan Schwartz

Receive only the currencies you want

slide-12
SLIDE 12

Evan Schwartz

Market makers facilitate exchange

slide-13
SLIDE 13

Evan Schwartz

Market makers compete on distributed exchange

slide-14
SLIDE 14

Evan Schwartz

Financial institutions serve as entry and exit points on Ripple

slide-15
SLIDE 15

Evan Schwartz

Deal only with institutions you trust

slide-16
SLIDE 16

Evan Schwartz

Connected, without needing any prior arrangements

slide-17
SLIDE 17

Evan Schwartz

  • Connects other payment technologies
  • Global, distributed, open source network
  • Fast, free, secure, and easy to integrate