Luxury Retailers in Berlin Can Now Accept Payments in XRP

Decentralized ledger company Ripple has partnered with cryptocurrency payment provider Lunu to enable luxury retailers in Berlin to accept digital currencies as a form of payment for their merchandise. Ripple and Lunu Form Partnership According to an official announcement made today, Ripple has formed a partnership with Lunu to enable luxury retailers in Berlin to accept cryptocurrency payments using Ripple’s Liquidity Hub, a solution developed by the blockchain company for a seamless exchange of crypto assets to fiat in one place. Customers will now be able to make payments in XRP, bitcoin (BTC), Binance coin (BNB), Tron (TRX), USD coin (USDC), USD tether (USDT), and Ethereum (ETH). Lunu’s Director of Product, Rajesh Madhaiyan claims that the latest partnership with Ripple will be beneficial to its clients’ customer services, as it will help increase the number of supported payment methods, as well as portray them as being innovative. “For luxury retailers it is vital to stay on top of the latest trends, and when it comes to payments the greatest innovation is coming from the evolving crypto scene. Thanks to Lunu these retailers get access to new, younger, more affluent audiences that are constantly growing in numbers,” he said. Lunu enables high-end and luxury retailers in the UK and Europe to accept crypto payments in stores via Lunu’s point of sale (PoS) terminal and online widget. The company’s client base currently inclu...