Euronet Subsidiary Ria Turns to Ripple Tech Seeking Faster Money Transfers
Ria Money Transfer, one of the world's biggest remittance firms, has joined Ripple's blockchain-based payments network.
For many of these bitcoin users, crypto payments are merely a last resort and fiat transfers are still generally easier.
The card giant is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3.
Amid civil unrest, bitcoin is helping some Lebanese get by. Emphasis on the word “helping.” Traditional social ties are as important as technology.
Ripple's newest partnership will enable UK remittance firm, Xendpay, to move money to Southeast Asia in real time.
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.