I recently saw a post on twitter (see below) regarding a developer that was setting ISO 20022 compliant payment processing system for XRP / XRPL.
I'm thinking this sort of payment arrangement is the way of the future and would allow convenient banking access to anyone using FrontAccounting.
In short, this guy has setup some software (on Github) that will process multi-payments (via the XRPL - possible in various currencies however transferred in XRP) via an exported csv file from an accounting system. Likewise, the software will allow for the download of transactions from an XRP account and export into a csv file for import/processing into the accounting system. This is to be done in the upcoming compliant format per ISO 20022.
Just wanted to put it out there and see if anyone else has some thoughts on creating import/export csv's for FrontAccounting, that would allow convenient processing of payments and receipts via XRP/XRPL in a compliant upcoming banking format i.e. ISO 20022.
https://twitter.com/SchlaubiD/status/1536282159601926148?s=20&t=s3wKS9nSjm5-hg_UTILheg
https://youtu.be/-u307nu72SQ
https://t.co/OGZajUPYML
https://t.co/uq7XP8rrawCheers
Thanks for the interesting idea!
I have familiarized myself with the materials you provided. I personally prefer the usdt payment method - it is an interesting option for processing payments, but in this case I see the advantages of using XRP/XRPL.
Creating CSV files to import/export to FrontAccounting using XRP/XRPL is a promising idea that could:
Simplify payment and receipt processing.
Provide access to banking transactions for FrontAccounting users.
Comply with ISO 20022, which will become mandatory for bank transfers in Europe.
I will be glad to follow the development of the project and share my thoughts.
P.S. I also read the other materials you provided and found them very informative.