Hey everyone, I literally just joined this community because I wanted to talk about something that I believe PayPal and it's customers would benefit from. Yesterday I tried to send some money to my in-laws that live in El Salvador. I was doing this through PayPal's money transfer app called XOOM. The max that I could send them was $2,999. Although that's less than what I actually wanted to send, I just thought I would just do another transaction the next day. That was before I noticed the extremely high transaction fee. Xoom was charging me around $35 to send via a bank account, or $92 to send with a debit card. That is ridiculous, especially since I'm paying all of that money just for it to be settled 3 days from now. So basically I just wanted to know if the PayPal company is currently working on a solution to this. How could they make it cheaper? There are solutions out there. It's 2018 and technology is expanding at an exponential rate. Ever heard of Ripple? They're currently working to solve this problem. Their goal is to make cross border money transfers cheaper and faster, and they're doing this by using their developed cryptocurrency called XRP. As of right now, Ripple offers 3 products that assist companies in transferring money more efficiently, and they are far superior than the current SWIFT system that some companies are still using. Two of the most popular products are called xCurrent and xRapid. Companies that are using xCurrent are experiencing cost savings of up to 33%. The thing is, that isn't even enough for them because they're now testing the xRapid product which directly uses the XRP token to realize a cost savings of up to 42% (during high volatility of the XRP value) and 60% during low volatility. On top of that, payments, throughout the entire process from start to finish, settle between 3-4 seconds. Not 3 days. Basically I just want to know if PayPal has or currently is considering using this method to not only benefit themselves, but their customers as well. Ripple is gaining new partnerships every week, including Moneygram, Mercury FX, IDT, and Western Union. Western Union is actually testing xRapid as we speak. PayPal needs to get with the program or they'll be left behind. More and more customers are dissatisfied with the service everyday, and it doesn't seem like they're working on improving that at all atm. I've been a PayPal customer for while now. I just want to know if anyone could tell us that PayPal is planning on at least talking with Ripple or what. If not, I hope this message can be referred to anyone that does know. Thanks for your time, Isaiah
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