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Panoramica
Consumer clients associate international wire transfers with high costs and a frustrating customer experience. These consumers are seeking alternative, low-cost remittance options with complete transparency into cross-border payment fees and delivery confirmation. With Ripple, instead of directing resources towards fielding customer support calls and investigating payment errors and failures, banks can focus on expanding the remittance revenue opportunity.
New Revenue Opportunities
Ripple’s fee pre-disclosure, status tracking and payment confirmation enables banks to provide a low-cost remittance service to attract new clients with an improved customer experience.