XVia is one of the more popular among financial institutions of the company’s products Ripple designed for fast and safe payments. How it works and why we need banks and providers of payment?

What is a XVia?

Product XVia, as defined by the developers on the website Ripple.com intended for corporations, payment providers and banks that want to make payments via various networks using a standard interface. Simple API xVia requires no software installation and allows users to seamlessly send payments worldwide with transparent status and payment information including invoices.

What is RippleNet?

RippleNet is a decentralized global network of banks and payment providers, using a distributed financial technology Ripple, which allows you to exchange messages, clearing and settlement of financial transactions in real time.

What is ERP?

Enterprise resources planning (or ERP) is software for managing business processes, which enables organizations to use a system of integrated applications to manage the business and automate many functions, back-office, technology, services and human resources.

Popular examples of ERP software include SAP and Oracle ERP Cloud.

How does it work?

API in computer programming is defined as a set of clearly defined methods of communication between different software components. XVia-based API can be used to connect these software solutions ERP to RippleNet. ХVia can be integrated into ERP or any application developed by software vendors or banks. Then everyday activities can be managed through the API xVia and go in RippleNet that allows overnight to ensure uninterrupted payment solution for programs.

Companies and organizations with software solutions ERP can be connected to the network RippleNet using xVia. Connect allows organizations to access a network of banks and payment providers are provided by RippleNet. Companies are able to carry out secure payments in real-time, secure and tracked worldwide.

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Message XVia from Ripple XRP: a bridge between RippleNet and ERP appeared first on Cryptocurrency Ripple (XRP): news, course, the forecast value.