Roblox, the popular online game platform, has announced that it now accepts XRP as a payment method. This development comes as a result of a partnership between Roblox’s in-game payment manager, Xsolla, and BitPay, which will facilitate the integration of XRP payments with crypto wallets. The announcement was made on Twitter on October 17, 2023.
Roblox has a massive user base, with over 200 million monthly active users. The game is available on various platforms, including Windows, macOS, Android, iOS, Xbox One, and PlayStation 4. It is particularly popular among younger players, with 44% of its daily active users being under the age of 13. In the first quarter of 2023, Roblox users spent around $773 million on in-game purchases.
Xsolla, the in-game payment manager for Roblox, has been actively working to integrate cryptocurrencies into its payment system. In the past, the company partnered with Coinchange Financial and TradeZing to develop a payment solution for nonfungible tokens. It also joined forces with Crypto.com to integrate the latter’s checkout solution into its Pay Station platform. This latest partnership with BitPay further demonstrates Xsolla’s commitment to supporting cryptocurrency payments.
The collaboration between Xsolla and BitPay dates back to 2014 when Xsolla first started accepting Bitcoin payments. Since then, the two companies have been working together to expand the range of payment options available to their users. In September 2023, they introduced support for PayPal USD payments, further enhancing the flexibility of their payment system.
This move by Roblox to accept XRP as a payment method aligns with the growing trend of mainstream adoption of cryptocurrencies. Several major companies and organizations have embraced cryptocurrencies in recent years, recognizing the benefits they offer in terms of security, efficiency, and global accessibility. The acceptance of XRP by Roblox provides its users with an alternative payment option and opens up new possibilities for seamless and secure transactions within the gaming ecosystem.
Overall, the integration of XRP payments into Roblox’s platform through the partnership between Xsolla and BitPay is a significant step towards bridging the gap between traditional gaming and the world of cryptocurrencies. As cryptocurrency adoption continues to grow, it is likely that more companies and industries will explore the potential of crypto payments, benefiting both businesses and users alike.