RIPPLE, THE SILENT MARKET OCCUPIER
Ripple is a remittance and currency exchange network that uses open API system called xVia. Which is so popular and getting popular day by day for sending and exchanging money.
As it is being so much popular for its fast and easy service, lots of currency based or payment provider company have already chosen ripple to use their open API technology and serve their customer better. Subsequently, 5 more companies have also chosen Ripple’s xVia technology to serve their customers.
The UK based FarirFX, Exchange4Free, and RationaFX, and also Georgian UniPAy, then from Asia Malaysian MoneyMatch are the new included companies with Ripple.
From Ripple, Ashees Birla, senior vice president of product said on this that their xVia tech will make companies expanding their customers. As the connecting banks and networks are some kinda expensive and time-consuming, the xVia tech may help companies to get out of this problem and it will help companies to increase their market share value by gathering more customers.
The Ripple has explained through an article that xVia doesn’t get into high fails and costing problems like all other typical methods like wire transfer exist.
Xvia will allow FairFX to gain more new customers and serve them at a low cost. And it will make them transfer money globally in a transparent way and more efficiently, as said FairFX’s chief commercial officer.
The Ripple is getting new customers at a pace as lastly announced fin-tech firms like Zip Remit and Beetech planned to take xVia in February. And now this one in April more 5 companies.
Ripple has carved out a nice place for itself mostly in the banking sector.I do hope it can keep the momentum going.
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It was blindly upvoted by @minnowbooster, which is run by idiots and as close to nonsensical as makes no difference.
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