XRP TipBot sees another update in the new paper accounts feature

On 20th November, Wietse Wind, the creator of the micropayments platform, XRP TipBot, announced an update in its new feature called “Paper Accounts” that was integrated last week. The function of a paper account is to enable a new user to open an account on TipBot without doing so through a social media account.

Today, Wind stated that the paper containing tip and the QR code for the TipBot app will also have an ID in order to let the user know if the receiver has activated the account. In his tweet, he wrote:

“Paper Account @XRPTipBot update: you want to know who activated your gift and who didn’t, right? ???? Paper Accounts will now have an ID at the top left corner, listed at https://www.xrptipbot.com/app/share as well. Name the Paper Account, and receive a Push notification upon activation”

Paper accounts was a secret, long-awaited feature that announced just last week by Wind. He also explained the working of it, stating that users can log in to the TipBot application, create paper accounts and spread them by handing them over to friends, family and their favorite artists and services.

Furthermore, the paper will have a public and a private QR code, wherein the public code will be used to send tips and the private code will assist in receiving tips from fellow users.

Recently, XRP TipBot also saw its collaboration with another micropayments startup, Coil. Coil was built for the purpose of paying to website portals and content creators via STREAMing [Streaming Transport for the Real-time Exchange of Assets and Messages]. It is a process through which the customers can tip in micro-funds and in a continuous flow, only for the time they have spent on the portal.

Here, Dr. T, a member and fan of the XRP ecosystem responded to Wind’s tweet and stated:

“Wow. This is really really useful addition! So, not only can I give random strangers XRP, I can get a notification on my phone when they activate it!!!!! Wow! And if they don’t for a period of time, the XRP comes back after 30 days?”

To this, the creator reverted by commenting:

“If they don’t, your Tip will just be returned to your account, as if they tipped you the entire initial amount back. Their Paper Account will stay valid though, except when they activate it after 30 days, your Tip will no longer be there waiting for them.”