the payment network ripple expands its strategic cooperation to two more partners. As noted yesterday, the company IDT Corp. and MercuryFX join the xRapid project. Therefore working further ripple on its global network for cross-border payments.
Although currently the ripple course not much moves the company is currently still active as ever and per. After the last week MoneyGram one of the largest service providers for international payments, could be won for a strategic partnership, two more payment service provider go a collaboration with the A network.
The telecommunications company IDT Corporation and MercuryFX, responsible for currency exchange, want to take advantage of future ripples platform xRapid and the corresponding token XRP. Both partners expect of a Beschleinigung of the execution of transactions in various currency areas, as well as a reduction in costs for their customers. The xRapid system to can replace ideally banks and Transferdienstleister.
“our online money transfer business of BOSS Revolutions uses standard digital assets to generate liquidity in Fiat currencies. We are very pleased to participate in the testing of ripples sRapid solution for on-demand liquidity. We expect that xRapid will enable us, conduct more transactions in real time and to reduce costs while also. “,
so Alfredo o’ ripple Hagan, Senior VP of IDT customer payment business
XRP and Fiat currencies go hand in hand. Together we want to realize one of the best use cases for smooth transactions. xRapid allows us to dramatically reduce the cost of currency exchange and international payments, to make our customers more competitive and save them as Millioen to US dollar. Digital assets versprehen fast transactions, but the XRP is Bitcoin. “,
added Alastair Constance, founder and CEO of MercuryFX. a lot faster than anyone, including
Ripple CEO Brad Garlinghouse expressed also:
“it’s no secret that XRP is faster and more efficient than Bitcoin or other digital assets. The payment is made in three seconds for a cent amount. Payment service providers have recognized this early as IDT Corporation and MercuryFX because they have understood what can mean customers XRP for their business and for the experience. We glad to have her front in the Internet of value here.”