XRP-based Cross-border Payments service launches in New Jersey by SendFriend
|- SendFriend has launched its XRP powered payments service in the United States, New Jersey.
- The company leverages on Ripple’s xRapid, to convert USD to XRP to Pesos in seconds enables users to avoid conventional banking systems.
SendFriend in their payments process has incorporated Ripple’s xRapid software to faciliate Filipinos based in the United States, to cut back on costs when sending money back to the Philippines in seconds instead of days.
SendFriend launched in New Jersey on June 23. Users of the service will be able to send monies much more cost effectively. SendFriend provides a service that aims to make money remittance much secure, faster, and cheaper for its users and now the company
SendFriend leverages xRapid, which is a blockchain-empowered solution that minimizes transactional costs for all international remittances. In terms of the process, it converts USD to XRP to Pesos in seconds enables users to avoid conventional banking systems.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.