ComparisonOfPaymentSystems

'''Provider'''

'''Currency'''

%thumb% Attach:AB.gif"direct PR"

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex tecnologies whose utility depends on many factors including the individuals using them. You may also read the FAQ section [[Main/FAQ#FAQ_Ripple_compared_to| Ripple compare to...]]

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex tecnologies whose utility depends on many factors including the individuals using them. You may also read the FAQ section [[Main/FAQ/#FAQ_Ripple_compared_to| Ripple compare to...]]

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex tecnologies whose utility depends on many factors including the individuals using them. You may also read the FAQ section [[Main/#FAQ_Ripple_compared_to| Ripple compare to...]]

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex tecnologies whose utility depends on many factors including the individuals using them. You may also read the FAQ section [[#FAQ_Ripple_compared_to| Ripple compare to...]]

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex tecnologies whose utility depends on many factors including the individuals using them. Please send any feedback or suggestions to [[mailto:info@ripplepay.com|info@ripplepay.com]].

(:tableend:)

Credit Network Type

!Payment System

![[https://secure.wikimedia.org/wikipedia/en/wiki/Barter|Barter]]

![[https://secure.wikimedia.org/wikipedia/en/wiki/Commodity_money|Commodity]]

![[https://secure.wikimedia.org/wikipedia/en/wiki/IOU|IOU]]

![[https://secure.wikimedia.org/wikipedia/en/wiki/Cash|Cash]]

![[https://secure.wikimedia.org/wikipedia/en/wiki/Wire_transfer|Bank transfer]]

![[https://secure.wikimedia.org/wikipedia/en/wiki/Credit_card|Credit card]]

![[https://www.paypal.com/|PayPal]]-like

![[http://www.pecunix.com/|Pecunix]]-like

![[http://www.bitcoin.org/|Bitcoin]]-like

![[https://secure.wikimedia.org/wikipedia/en/wiki/LETS|LETS]]

![[http://en.wikipedia.org/wiki/Hawala|Hawala]]

![[https://ripplepay.com/|Ripple]]

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"PiR"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"AiB"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"AiB"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"AiB"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"PiR"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"PiR"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"PiR"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:AiB.gif"PiR"

%thumb% Attach:AiiB.gif"direct AB"

%thumb% Attach:AB.gif"direct AB" %thumb% Attach:ABCDEF.gif"PiR"

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex systems whose utility depends on many factors including the individuals using them. Please send any feedback or suggestions to [[mailto:info@ripplepay.com|info@ripplepay.com]].

The following table compares different payment systems. No comparison can be exhaustive, as payment systems are complex technologies whose utility depends on many factors including the individuals using them. Please send any feedback or suggestions to [[mailto:info@ripplepay.com|info@ripplepay.com]].

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Cash|Cash]]|| Typically national governments || Typically government currency || Inflation, up to 4.19 × 10'^16^' % [[https://secure.wikimedia.org/wikipedia/en/wiki/Hyperinflation#Worst_Hyperinflations_in_World_History|#]] || Anonymous, widely accepted ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Wire_transfer|Bank transfer]]|| Bank, often backed by government insurance || Typically government currency || Inflation || Convenient, widely accepted, brick-and-mortar branches ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/IOU|IOU]]|| Community members || Credit || Can only use with very narrow set of products and partners || Easy, free ||

||![[http://www.bitcoin.org/|Bitcoin]]-like|| Community members || Arbitrary computation || Computation || Anonymous, open, distributed ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Barter|Barter]]|| Community members || Only self-owned goods and services || Can only use with very narrow set of products and partners || Easy, free ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Wire_transfer|Bank transfer]]|| Bank, often backed by government insurance || Typically government currency || Inflation, up to 4.19 × 10'^16^' % [[https://secure.wikimedia.org/wikipedia/en/wiki/Hyperinflation#Worst_Hyperinflations_in_World_History|#]] || Convenient, widely accepted, brick-and-mortar branches ||

||border=1 width=75%

||!Payment System||!Provider||!Currency||!Cost||!Main benefits||

||![[https://www.paypal.com/|PayPal]]-like|| Company || Multiple, typically government currency || Merchant fees || Convenient, widely accepted ||
||![[http://www.pecunix.com/|Pecunix]]-like|| Company || Multiple, commodity || Merchant fees || Convenient, standardized ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Cash|Cash]]|| Typically national governments || Typically government currency || Inflation, up to 4.19 × 10^16^ % [[https://secure.wikimedia.org/wikipedia/en/wiki/Hyperinflation#Worst_Hyperinflations_in_World_History|#]] || Anonymous, widely accepted ||
||![[https://secure.wikimedia.org/wikipedia/en/wiki/Wire_transfer|Bank transfer]]|| Bank, often backed by government insurance || Typically government currency || Inflation, up to 4.19 × 10^16^ % [[https://secure.wikimedia.org/wikipedia/en/wiki/Hyperinflation#Worst_Hyperinflations_in_World_History|#]] || Convenient, widely accepted, brick-and-mortar branches ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Cash|Cash]]|| Typically national governments || Typically government currency || Inflation, up to 4.19 × 1016 % [[https://secure.wikimedia.org/wikipedia/en/wiki/Hyperinflation#Worst_Hyperinflations_in_World_History|#]] || Anonymous, widely accepted ||
||![[https://secure.wikimedia.org/wikipedia/en/wiki/Wire_transfer|Bank transfer]]|| Bank, often backed by government insurance || Typically government currency || Inflation, up to 4.19 × 1016 % [[https://secure.wikimedia.org/wikipedia/en/wiki/Hyperinflation#Worst_Hyperinflations_in_World_History|#]] || Convenient, widely accepted, brick-and-mortar branches ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Cash|Cash]]|| Typically national governments || Typically government currency || Inflation, 2% - 10,000,000% (citation) || Anonymous, widely accepted ||
||![[https://secure.wikimedia.org/wikipedia/en/wiki/Wire_transfer|Bank transfer]]|| Bank, often backed by government insurance || Typically government currency || Inflation, ibid. || Convenient, widely accepted, brick-and-mortar branches ||
||![[https://secure.wikimedia.org/wikipedia/en/wiki/Credit_card|Credit card]]|| Bank or other company || Credit, typically government currency || Merchant fees, interest (citation) || Convenient, widely accepted ||
||![[https://www.paypal.com/|PayPal]]-like|| Company || Multiple, typically government currency || Merchant fees (citation) || Convenient, widely accepted ||
||![[http://www.pecunix.com/|Pecunix]]-like|| Company || Multiple, commodity || Merchant fees (citation) || Convenient, standardized ||

||![[http://www.bitcoin.org/|Bitcoin]]-like|| Community members || Arbitrary computation || Computation || Anonymous, distributed ||

||!BitCoin-like||...||

||!Payment System||!Issuer||!Currency||!Cost||!Main benefits||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Barter|Barter]]|| Community members || Only self-produced goods and services || Can only use with very narrow set of products and partners || Easy, free ||

||![[https://secure.wikimedia.org/wikipedia/en/wiki/Bank_account|Bank account]]|| Bank, often backed by government insurance || Typically government currency || Inflation, ibid. || Convenient, widely accepted, brick-and-mortar branches ||

||!Barter|| Community members || Only self-produced goods and services || Can only use with very narrow set of products and partners || Easy, free ||
||!Commodity|| Community members || Commodity (metal, cigarettes, etc.) || Commodity || Easy, standardized ||
||!Cash|| Typically national governments || Typically government currency || Inflation, 2% - 10,000,000% (citation) || Anonymous, widely accepted ||
||!Bank account|| Bank, often backed by government insurance || Typically government currency || Inflation, ibid. || Convenient, widely accepted, brick-and-mortar branches ||
||!Credit card|| Bank or other company || Credit, typically government currency || Merchant fees, interest (citation) || Convenient, widely accepted ||
||!PayPal-like|| Company || Multiple, typically government currency || Merchant fees (citation) || Convenient, widely accepted ||
||!Pecunix-like|| Company || Multiple, commodity || Merchant fees (citation) || Convenient, standardized ||
||!LETS|| Community || Credit, community currency || Small organization || Community-focused ||
||!Ripple|| Community members || Credit, multiple || Free || Community-focused, efficient, open, decentralized ||

||!Barter || Community members || Only self-produced goods and services || Can only use with very narrow set of products and partners || Easy, free ||
||!Commodity || Community members || Commodity (metal, cigarettes, etc.) || Commodity || Easy, standardized ||
||!Cash || Typically national governments || Typically government currency || Inflation, 2% - 10,000,000% (citation) || Anonymous, widely accepted ||
||!Bank account || Bank, often backed by government insurance || Typically government currency || Inflation, ibid. || Convenient, widely accepted, brick-and-mortar branches ||
||!Credit card || Bank or other company || Credit, typically government currency || Merchant fees, interest (citation) || Convenient, widely accepted ||
||!PayPal-like || Company || Multiple, typically government currency || Merchant fees (citation) || Convenient, widely accepted ||
||!Pecunix-like || Company || Multiple, commodity || Merchant fees (citation) || Convenient, standardized ||
||!LETS || Community || Credit, community currency || Small organization || Community-focused ||
||!Ripple || Community members || Credit, multiple || Free || Community-focused, efficient, open, decentralized ||

||!Credit card || Bank or other company || Credit, typically government currency ||

||!Credit card || Bank or other company || Typically government currency ||
||!PayPal-like || multi span  ||||
||!Pecunix-like ||
||!LETS ||
||!Ripple ||

||!Payment System||!Issuer||!Currency||!Cost||!...||!Main benefits||
||!Barter ||
||!Commodity ||
||!Cash || Typically national governments || Typically government currency || Inflation, 2% - 10,000,000% (citation) || ... || Anonymous, widely accepted ||
||!Bank account || Bank, often backed by government insurance || Typically government currency || Inflation, ibid. || ... || Convenient, widely accepted, brick-and-mortar branches ||

||border=1 width=50%
||!Payment System||!Issuer||!Cost||!...||!Main benefits||
||!Cash  || Typically national governments || Inflation, 2% - 10,000,000% (citation) || ... || Anonymous, widely accepted ||
||!Bank account       ||!  a B  ||     C||
||!Credit card       || single ||    ||
||!PayPal-like        || multi span  ||||
||!Pecunix-like

||!Table||!Heading||!Example||
||!Left  || Center || Right||
||A      ||!  a B   ||    C||
||       || single ||     ||
||       || multi span  ||||