Great question. For low value payments those payment rails are incredibly expensive. That’s why it operates on the Interledger network. Interledger is a paymen

Great question. For low value payments those payment rails are incredibly expensive. That’s why it operates on the Interledger network. Interledger is a payments clearing protocol modeled on IP where settlement is arranged through peering relationships. It is incredible good at low value payments. Our next work in the space is beginning to open it up to Retail style payments through Open Payments[1]. Initially we are targeting mini payments (<$5). As these are poorly served currently with traditional options due to high fees. However our final goal is much bigger. The real problem we see in digital payments is not MasterCard, Visa and PayPal but Apple, Google and Facebook. We had OpenId but we ended up only getting login with Apple, Facebook and Google. The same is going for payments. We believe Open Payments is a viable alternative to provide an open payments system that is not big tech. [1] openpayments.dev