Ripple Adds Five New Customers to xVia

Ripple Adds Five New Customers to xVia

General News
April 26, 2018 by Bitzamp
2059
Ripple Adds Five New Customers to xVia Malaysian fintech firm MoneyMatch has signed on with enterprise blockchain solution provider Ripple to utilise the latter’s xVia solution to facilitate frictionless payments over its proprietary network, RippleNet. xVia API allows paid users to access the benefits of RippleNet, which includes reducing operating costs, while increasing the speed
Bitzamp

Ripple Adds Five New Customers to xVia
Malaysian fintech firm MoneyMatch has signed on with enterprise blockchain solution provider Ripple to utilise the latter’s xVia solution to facilitate frictionless payments over its proprietary network, RippleNet.

xVia API allows paid users to access the benefits of RippleNet, which includes reducing operating costs, while increasing the speed of money transfer and the visibility of payment traffic.
The five new customers that have chosen xVia are FairFX, RationalFX, Exchange4Free, all based in the United Kingdom; UniPAY of Georgia; and the MoneyMatch of Malaysia.

“By tapping our global network with xVia, our customers now access new markets quicker and cost efficiently,” said Asheesh Birla, senior vice president of product at Ripple. “All of these customers run into the same problem: building bespoke connections to banks and networks all over the world. It’s expensive and time consuming. xVia enables them to grow their overall market share by reaching new customers in new markets, easier than ever before.”

Payment originators can now maintain one standard connection through xVia and power payments over RippleNet, reducing the high failure rates commonly associated with traditional wire transfers, and lowering manual reconciliation costs.


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