According to the company Ripple five companies in the field of payment services from Europe and Asia are going to start to use the technology xVia from Ripple.
Among the new clients of the company entered FairFX, RationalFX and Exchange4Free, based in the UK, and in addition they platform currency exchange MoneyMatch from Malaysia and UniPay company from Georgia.
Senior Vice President, Ripple Ashish Birla said that the use of technology Ripple xVia will help these companies to expand their customer base:
All of these customers are faced with the same problem: connect and work with banks and payment networks around the world, it is expensive and time consuming. xVia allows them to increase their market share, and provide access to new customers in new markets.
In his blog, Ripple recalled that, unlike the traditional international wire transfers, like Bank transfers, standard API solution xVia works flawlessly and does not require manual reconciliations.
See also Forecast the price of Ripple to 2018 (updated version)
Chief commercial officer FairFX James Hickman said that xVia “will allow us to attract more customers, more efficiently and with less”:
It will also allow us to perform our obligations are to provide clients with the most transparent, effective and truly global system of remittances.