Ripple has managed to create yet another hype after releasing an advertisement of its instant messaging payment system, XRP Text by mocking the current outdated payment system of banks. The advertisement shows how banks could better serve their customers better on instant payment system by hopping on a plane to transport cash from one place to another.

The new platform uses an instant-message system to enable users for transactions without the need of any registration. XRP Text will enable instant delivery of money to the user accounts through a Blockchain network. First, users will send XRP tokens to their personal wallet. Then, they can transfer the same to any global mobile number without requiring the receiver to get registered.

It also allows people to interact with their personal wallet by simply sending texts. This will serve as a more time-effective option when compared to the former payment systems.

Ripple has also announced that its messaging payment platform works without internet. Moreover, users get the facility to check their balance, withdraw or deposit tokens from the wallet with just a single text. The payments are transferred within fraction of seconds as they are transferred through a secure medium without any intermediaries.

According to XRP’s report, the payment platform is in its public beta stage now. The XRP Text is being currently used by a small group of intended people, who are working to explore any glitches and correct it before its global launch. Ripple has made it clear that with the release of XRP Text, XRP intends to revolutionize the payment industry.