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HomeCrypto NewsMarketDalliPay to Revolutionize Payments for SMEs Using XRP Ledger

DalliPay to Revolutionize Payments for SMEs Using XRP Ledger

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DalliPay wants to revolutionize payments for SMEs by leveraging the benefits of the XRPL, and the solution just received an update.

Despite the United States Securities and Exchange Commission (SEC) claims about Ripple, XRP, and the XRP Ledger, it bears mentioning that the blockchain has become a hotbed for developing interesting real-world solutions.

One such solution, DalliPay, has just received an update. For the uninitiated, DalliPay is a solution developed by radynamics that allows small and medium-sized enterprises (SMEs) to leverage the XRPL’s speed and low cost to facilitate payments within existing accounting software that support ISO 20022.

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“My vision and immediate goals are quite simple: Enable cheap, global real-time payments for SMEs (small & medium enterprises),” radynamics founder Reto Steimen said in an exclusive interview with The Crypto Basic.

“We don’t want to reinvent the wheel,” he added, noting that the goal of DalliPay is to make payments as easy as possible for customers.

Per the GitHub release, the latest upgrade to v1.4.0 will bring about seven major changes to DalliPay as well as minor fixes to improve the overall experience. Some of the major changes include the ability of users to edit the destination tag in the payment detail form when sending payments. DalliPay will now also show Xumm wallet aliases where available. Additionally, there is now a German translation.

Unsurprisingly, the solution is beginning to receive recognition within the XRPL community. Prominent XRP community influencer WrathofKahneman (@WKahneman) shared the news of the update in a tweet today.

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DalliPay is one of the recipients of Ripple’s Wave 4 XRPL Grants, receiving $100,000 in funding.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

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