Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Xendpay Becomes Member Of RippleNet to Extend Global Money Transfer Services

Xendpay Becomes Member Of RippleNet to Extend Global Money Transfer Services

Kelly Cromley by Kelly Cromley
Aug 23, 2019
in News
Reading Time: 1 min read
0

Xendpay, a money transfer service, has become the member of RippleNet, a platform facilitating cross-border transactions. RippleNet enables Xendpay to offer money remittance services in fiat currencies other than the US dollar.

Xendpay will utilize Ripple’s prevailing network of banks and financial associates to enable money transfers through different kinds of currency, for instance Ripple’s native currency XRP.

Xendpay earlier had issues in offering such facilities for low liquid currencies. Offering a non-major currency involved setting up straightforward collaborations with domestic banks and also dealing with cumbersome application programming interfaces (APIs).

Bhavin Vaghela, Xendpay’s Head of Product Innovation, stated as follows:

“Previously we had to create a whole business case for each partner […] RippleNet reduces that complication and friction. There’s a built-in trust factor, which allows us to get to market quicker.”

Vaghela also highlighted that Ripple is considerably quicker at moving even low liquid currencies. He said:

“When we sent Thai Baht, it took 3 to 4 days for the payment to be processed […] Thanks to RippleNet, a customer in Germany can log onto our platform at 3AM on a Sunday morning and the money will be in their beneficiary’s bank account in Thailand within an hour. More than 90 percent of our recent payments to Thailand over RippleNet have been delivered within 10 minutes.”

Notably, at the beginning of this year, RippleNet had more than 200 members across 40 countries trialing its payment network.

Previous Post

Japanese HR Firm Recruit Holdings Acquires Stake in Blockstack

Next Post

Binance CEO Confirms Funds Are Safe, Following Withdrawal Issues

Related Posts

kraken

Kraken, BNB Chain, and Backed Collaborate to Tokenize US Stocks

by Kelly Cromley
Jul 11, 2025
0

Cryptocurrency exchange Kraken has announced a strategic collaboration with blockchain network BNB Chain and tokenization partner Backed, marking a new...

sft protocol partners with secondlive

SFT Protocol Partners with SecondLive to Advance AI in Web3

by Kelly Cromley
Jul 11, 2025
0

SFT Protocol has unveiled a strategic partnership with SecondLive, an AI-driven platform focused on modeling immersive digital environments. The alliance...

xstocks partners with bitget

Bitget Onchain Brings Tokenized Stocks to Crypto Traders

by Kelly Cromley
Jul 11, 2025
0

Bitget has expanded its Onchain platform by introducing support for tokenized stocks, enabling a direct link between traditional equity markets...

bluwhale partners with cdari

CDARI and Bluwhale AI Unite to Reshape Web3 Retail

by Kelly Cromley
Jul 11, 2025
0

CDARI has entered into a strategic alliance with Bluwhale AI, a platform that functions as the intelligence layer of Web3,...

ipepe partners with pop social

Meme Coin iPepe Teams Up with Pop Social for Web3 Overhaul

by Kelly Cromley
Jul 11, 2025
0

In a strategic effort to reshape the decentralized social media landscape, meme coin iPepe, which operates on the BNB Chain,...

web3 decision partners with arichain

Web3 Decision and Arichain Join Forces to Secure Web3 Future

by Kelly Cromley
Jul 10, 2025
0

Web3 Decision has entered into a strategic partnership with Arichain in a move seen as a major advancement in blockchain...

Next Post
Binance CEO Confirms Funds Are Safe, Following Withdrawal Issues

Binance CEO Confirms Funds Are Safe, Following Withdrawal Issues

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024

Recent News

kraken
Market News

Kraken, BNB Chain, and Backed Collaborate to Tokenize US Stocks

by Kelly Cromley
Jul 11, 2025
sft protocol partners with secondlive
Market News

SFT Protocol Partners with SecondLive to Advance AI in Web3

by Kelly Cromley
Jul 11, 2025
xstocks partners with bitget
Market News

Bitget Onchain Brings Tokenized Stocks to Crypto Traders

by Kelly Cromley
Jul 11, 2025
bluwhale partners with cdari
Market News

CDARI and Bluwhale AI Unite to Reshape Web3 Retail

by Kelly Cromley
Jul 11, 2025
ipepe partners with pop social
Market News

Meme Coin iPepe Teams Up with Pop Social for Web3 Overhaul

by Kelly Cromley
Jul 11, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree