The competition is fierce among electronic payment services, and the competition appears more in the factor of speed and fees resulting from transfers.

In a debate on Twitter, Mr. Tony Weiss started criticizing the Ripple service, considering it too slow compared to PayPal, which is one of the global online payment systems.

Wake me up when XRP Dollars faster than Tweet embedEven then, it was not only slower, but had the added advantage of exchange risk + price volatility risk.
But in the moment you can be faster than #Paypal You’ll be smarter 2 ways than 3
Either way BTC dollars It doesn’t matter

– Tone Vays [Bali – Financial Summit] (@ToneVays) November 13, 2019

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Will Ripple outperform PayPal?

“Tony Weiss” criticism of the Ripple service angered the supporters of Ripple, who confronted him with some facts and figures, including the user XRPistul, who Tell That he received the money within 3 days when using PayPal.

Moreover, the online payment system charges a “huge commission”, and it is interesting that the PayPal support bot also intervened, apologizing for the situation and lengthening the transfer process, according to the same spokesperson.

If we consider these facts, XRP transactions take several seconds from wallet to wallet and several minutes between crypto exchanges.

As for PayPal, it can settle transactions between its accounts within seconds, but any transfers involving banks may take several days, depending on the bank.

Last year howmuch.net analyzed transaction-by-second data comparing data from Ripple and other cryptocurrencies to Visa and PayPal services.

According to the results, Ripple can process six times more transactions per second on average than PayPal.

It was surprising to see Ripple come in second place and outperform PayPal with 1,307 transactions per second.

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This indicates that Ripple may have the potential to be a viable solution on a much larger scale, according to Search.

Is Ripple Better Than Bitcoin?

And people still think #BTC Is he a king? 😎Tweet embed @ripple Tweet embed Tweet embed Tweet embed Tweet embed Tweet embed #XRP #fintech # encrypt # bitcoin #blockchain pic.twitter.com/y17NY4oevk

Read:After the lackluster first half of 2022 on Cardano… will Cardano’s much-anticipated promotion contribute to the project’s return to brilliance?

– XRP_Cro (stedas) November 13, 2019

Vice’s tweet was originally a response to Twitter user XRP_Cro who laughed at those who thought Bitcoin was king, boasting about the speed of money transfers owned by the Ripple system.

what about you? Tell us what you think of the Arab Bitcoin Discussion Community at Telegram.

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