connecting payment systems

17
Evan Schwartz Connecting Payment Systems Some text goes here

Upload: mason

Post on 18-Jan-2016

61 views

Category:

Documents


0 download

DESCRIPTION

Connecting Payment Systems. Some text goes here. Global, decentralized, open source network. Company dedicated to supporting Ripple’s development. Free. In any currency. Secure. Global. Fast. Ripple payments are…. ACH settles in 3+ days vs. 5 seconds on Ripple. - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: Connecting Payment Systems

Evan Schwartz

Connecting Payment SystemsSome text goes here

Page 2: Connecting Payment Systems

Evan Schwartz

Global, decentralized,

open source network

Company dedicated to supporting

Ripple’s development

Page 3: Connecting Payment Systems

Evan Schwartz

Free In any currencySecur

eGlobalFast

Ripple payments are…

Wire transfers cost $5+. $1 pays for 5+ million transactions on Ripple

ACH settles in 3+ days vs. 5 seconds on Ripple

Page 4: Connecting Payment Systems

Evan Schwartz

Some text goes here

Payments technologies are not interoperable

Page 5: Connecting Payment Systems

Evan Schwartz

Some text goes here

Inter-network transfers are slow and expensive

Page 6: Connecting Payment Systems

Evan Schwartz

Some text goes here

Web payments need decentralized clearing and settlement

Page 7: Connecting Payment Systems

Evan Schwartz

Some text goes here

Ripple connects payment technologies

Page 8: Connecting Payment Systems

Evan Schwartz

Some text goes here

Ripple connects payment networks

Page 9: Connecting Payment Systems

Evan Schwartz

Some text goes here

Basic Users Merchants Market Makers Gateways

Ripple has four broad categories of users

Page 10: Connecting Payment Systems

Evan Schwartz

Some text goes here

Send from any currency to any currency

Page 11: Connecting Payment Systems

Evan Schwartz

Some text goes here

Receive only the currencies you want

Page 12: Connecting Payment Systems

Evan Schwartz

Some text goes here

Market makers facilitate exchange

Page 13: Connecting Payment Systems

Evan Schwartz

Some text goes here

Market makers compete on distributed exchange

Page 14: Connecting Payment Systems

Evan Schwartz

Some text goes here

Financial institutions serve as entry and exit points on Ripple

Page 15: Connecting Payment Systems

Evan Schwartz

Some text goes here

Deal only with institutions you trust

Page 16: Connecting Payment Systems

Evan Schwartz

Some text goes here

Connected, without needing any prior arrangements

Page 17: Connecting Payment Systems

Evan Schwartz

Some text goes here

• Connects other payment technologies• Global, distributed, open source

network• Fast, free, secure, and easy to

integrate