Adoption of Crypto-Enabled Payments by Businesses

Cross-border payment issues are well known, but they are not just a problem for financial institutions.

The demand for cross-border payments is growing in our increasingly globalised and interconnected world.

Ripple is expanding its payments service beyond financial institutions to now serve corporate customers in order to meet this rising requirement.

Remittances are frequently the primary source of income for unbanked people,

However, international payments are expensive, unreliable, and slow.

Consumers often pay a fee of 7%, or $14, when sending $200 across borders, which is frequently paid by the recipient of the money.

All businesses that stand to gain from quicker, less expensive, and more effective cross-border payments should work with Ripple.