• Latest
SendFriend with xRapid To Begin Payment Service by Q1 2019

SendFriend with xRapid To Begin Payment Service by Q1 2019

January 9, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

SendFriend with xRapid To Begin Payment Service by Q1 2019

coinnewsdaily by coinnewsdaily
January 9, 2019
in Ripple
0
SendFriend with xRapid To Begin Payment Service by Q1 2019
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

SendFriend announced its partnership with Ripple in late November 2018 and yesterday on January 08, 2019, it has confirmed to go live with xRapid by Q1 2019. xRapid a product of Ripple Inc that uses XRP cryptocurrency to enhance, speed up the cross-border money transfer service for Banks and financial institutions.

Sendfriend (a newly announced xRapid customer) will go live with their service in Q1, 2019

David Lighton, CEO of Sendfriend
Dec18 pic.twitter.com/cp0mbkrLoI

— Steven Diep (@DiepSanh) January 9, 2019

Ripple Technology To Provide Better Service – David Lighton

SendFriend revealed the announcement of hitting xRapid payment service to its existing financial system via a video. The video points out the existing banking system which is often costly and inefficient, as a result, David Lighton, Founder of SendFriend said that they are confident on Ripple’s technology to offer a better experience to their users. Primarily, SendFriend is a financial service firm specifically helping Filipino workers for their international remittance services. Nevertheless, the firm believes overseas Filipino workers overpays for money transfer which is also risky and inefficient. Henceforth, he said that ‘payment service on blockchain’ can be real-time, quick and settles within six seconds.

The existing correspondent banking system is slow, inefficient and costly. We are excited to partner with @Ripple to solve these problems—to offer our customers a cheaper and faster way to send money to the Philippines. https://t.co/NWQ3LbyjlJ

— SendFriend (@sendfriendinc) January 8, 2019

Ripple Surpasses 200 Customers Worldwide

As reported by ripplecoinnews, Ripple has reached the milestone of 200 customers for its latest product, RippleNet. As such, it has also mentioned the agreement of 13 banks who’ve already signed up for the company’s payment network. SendFriend is also one major name among the 13 banks that Ripple has added. Ripple’s official blog also points out how excited David Lighton is to adopt Ripple’s technology. The statment read it as folows;

“The existing correspondent banking system is slow, inefficient and costly. SendFriend was founded at MIT with the belief that there must be a better way to send payments. We are excited to partner with Ripple to do just that. Through our partnership, we are bringing our customers a next-generation, blockchain payment solution that leverages XRP to address many of the efficiency and equity problems with existing remittances. For them, that means cheaper and faster payments.”

Although Q1 is what SendFriend is committing, the specific date is still out of sight. Furthermore, the announcement has created a sense of excitement among Ripple’s enthusiasts across social media. Additionally, many such users believe the efficient payment service for oversees Filipino workers with the launch of Ripple’s technology.




Credit: Source link

Share76Tweet48
Previous Post

Pakistani Bank Teams With Alipay for Blockchain Remittances

Next Post

European Finance Regulators Call for Bloc-Wide Crypto Rules

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
European Finance Regulators Call for Bloc-Wide Crypto Rules

European Finance Regulators Call for Bloc-Wide Crypto Rules

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,710.002.01%
  • ethereumEthereum(ETH)$1,635.662.45%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$314.692.02%
  • rippleXRP(XRP)$0.4129690.09%
  • cardanoCardano(ADA)$0.3918321.23%
  • dogecoinDogecoin(DOGE)$0.0891270.02%
  • matic-networkPolygon(MATIC)$1.160.93%
  • okbOKB(OKB)$39.25-1.35%
  • solanaSolana(SOL)$25.515.78%
  • polkadotPolkadot(DOT)$6.540.50%
  • shiba-inuShiba Inu(SHIB)$0.0000120.72%
  • litecoinLitecoin(LTC)$94.80-0.17%
  • tronTRON(TRX)$0.063421-0.15%
  • daiDai(DAI)$1.00-0.04%
  • cosmosCosmos Hub(ATOM)$13.702.75%
  • chainlinkChainlink(LINK)$7.31-0.66%
  • leo-tokenLEO Token(LEO)$3.62-7.64%
  • moneroMonero(XMR)$185.951.37%
  • ethereum-classicEthereum Classic(ETC)$22.942.79%
  • bitcoin-cashBitcoin Cash(BCH)$135.45-0.40%
  • stellarStellar(XLM)$0.0938610.87%
  • crypto-com-chainCronos(CRO)$0.0820430.32%
  • filecoinFilecoin(FIL)$5.390.39%
  • algorandAlgorand(ALGO)$0.257172-0.45%
  • vechainVeChain(VET)$0.024245-1.39%
  • internet-computerInternet Computer(ICP)$6.12-0.32%
  • aaveAave(AAVE)$86.270.32%
  • eosEOS(EOS)$1.110.49%
  • elrond-erd-2MultiversX(EGLD)$44.880.33%
  • theta-tokenTheta Network(THETA)$1.090.72%
  • tezosTezos(XTZ)$1.151.20%
  • paxos-standardPax Dollar(USDP)$1.000.50%
  • bitcoin-cash-svBitcoin SV(BSV)$43.77-0.35%
  • huobi-tokenHuobi(HT)$5.150.19%
  • havvenSynthetix Network(SNX)$2.45-0.67%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.112.53%
  • iotaIOTA(MIOTA)$0.2394941.11%
  • dashDash(DASH)$57.390.55%
  • makerMaker(MKR)$669.030.63%
  • zcashZcash(ZEC)$46.44-1.57%
  • neoNEO(NEO)$8.31-0.21%
  • zilliqaZilliqa(ZIL)$0.029060-0.89%
  • basic-attention-tokenBasic Attention(BAT)$0.2677160.21%
  • compound-governance-tokenCompound(COMP)$55.96-0.14%
  • nemNEM(XEM)$0.0400840.76%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$36.360.08%
  • bitcoin-goldBitcoin Gold(BTG)$17.680.39%
  • qtumQtum(QTUM)$2.762.97%
  • wavesWaves(WAVES)$2.69-1.21%
  • sushiSushi(SUSHI)$1.320.93%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,742.992.63%
  • golemGolem(GLM)$0.246013-0.71%
  • omisegoOMG Network(OMG)$1.500.28%
  • ontologyOntology(ONT)$0.2211642.27%
  • digibyteDigiByte(DGB)$0.0109762.10%
  • umaUMA(UMA)$2.121.44%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%