PaymentsSource: TransferGo launches with Ripple, but doesn't follow MoneyGram's...

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
3 October 2018
PaymentsSource

London-based TransferGo is using Ripple’s blockchain platform to support digital money transfers from Europe to India. But TransferGo isn’t the first remittance company to work with Ripple — and it isn't on the same path that others have taken...

“The deal between TransferGo and Ripple makes sense from several perspectives,” said Celent senior analyst Zilvinas Bareisis “The U.K./Europe to India axis is a major remittance corridor, and blockchain-based technologies are well suited to facilitate cross-border payments. Ripple has been making good progress at expanding its network."

click here to read more

News article details

Sector
Banking, Corporate Banking, Retail Banking
Media Type
News Articles
Location
Asia-Pacific, EMEA, LATAM, North America