PayString is like an email address for your payments. You can use PayString to receive and send funds at GateHub.
Set your PayString
You can set a custom PayString for receiving XRP payments, that is linked to your Primary wallet.
- Go to “WALLET” on the left menu.
- Click the "Add Funds" button on the left.
- Select PayString.
- Enter your custom PayString name.
- Click "Create".
Your PayString will be saved and it can be used to receive XRP to your Primary wallet. If you change your Primary wallet, your PayString destination address will change automatically.
Your PayString must be at least 2 characters and not more than 64 characters long. We allow Latin letters, numbers, “.” and “-”.
Use your PayString
You can share your PayString with anyone. A PayString can be used with GateHub or any other service that supports it to send XRP to your Primary wallet.
See the full list of companies who use PayString here.
How does it work?
A PayString is a human-readable identifier for all payments. One PayString can represent your address on any network. At GateHub your PayString represents an XRPL address.
In the future, you will be able to add other addresses like BTC, ETH and even your bank account to your PayString.
This means that you will no longer need to share addresses for individual networks and currencies, but only share one easy to pronounce address for all your payments.
When a payment is made to a PayString, the server needs to return an eligible address (for example, a Bitcoin address for a BTC payment). If no eligible address is found with the PayString, the server will return a notification that the payment channel is not available.