Payment Types
The XRP Ledger supports point-to-point XRP payments alongside other, more specialized payment types.
- Direct XRP Payments
Direct XRP payments are the simplest way to send value in the XRP Ledger.
- Cross-Currency Payments
Cross-currency payments atomically deliver a different currency than they send by converting through paths and order books.
- Checks
Checks let users create deferred payments that can be canceled or cashed by the intended recipients.
- Escrow
Escrows set aside XRP and deliver it later when certain conditions are met. Escrows can depend on time limits, cryptographic conditions, or both.
- Partial Payments
Partial payments subtract fees from the amount sent, delivering a flexible amount. Partial payments are useful for returning unwanted payments without incurring additional costs.
- Payment Channels
Payment Channels enable fast, asynchronous XRP payments that can be divided into very small increments and settled later.