Fixed Fiat amount request
AtheistAgnstViolence
Modify existing Payment request.
- Include Memo Field so sender can include additional data
Change QR Code Generated to include:
- "Request with amount data" to be included (1) fiat amount and (2) fiat type .
- Include memo field data in QR Code.
Payer response
- Scans senders Xumm QR Code with Xumm and QR Code populates:
- Payers 'send payment' data (1) Fiat amount (2) fiat type
- Sender’s memo field data
- Xumm automatically populates with the equivalent XRP.
- Payer sends payment in XRP.
The above process sends fixed fiat value (equivalent in XRP - variable) regardless of when the QR Code is scanned, and payment sent.
I appreciate there is some currency risk following payment however this risk is manageable by the sender, if desired.
I suggest this is a viable interim measure of fixed fiat payments until more formalized currencies (e.g. CBDC) exist on the XRPL.
Wietse Wind
This is indeed on our radar. The Request flow is up for an update when Pro is out of beta, as we will offer even more features to Pro users with a verified identity (like specifying fiat amount, adding a visible note/request and directly pushing it to other Xumm users in a safe and trustworthy way).
AtheistAgnstViolence
Wietse Wind: I would like to suggest that a detailed fiat payment request would be a great general feature in order to drive adoption.
I would suggest, verified identity KYC features, multiple (detailed) payment processing (upload/transfer) would be a great Pro feature.
Wo Jake
This is a good proposal, +1!
There should be 2 types of Payment Requests, in which your format should be the 2nd one to the current plain Payment Request format:
1) a plain Payment Request which simply displays the corresponding QR code to the user's wallet address. (This is the current format)
2) the Payment Request described by OP.
The plain format should still be available for your average Joe to use whilst the advanced option (2) should be available for users who want a more detailed Payment Request.