Ripple Partners with RocketFuel for Global Payment Revolution
Crypto News

Ripple Partners with RocketFuel for Global Payment Revolution

2m
7mo ago

Dive into the future of global transactions with #Ripple and #RocketFuel! Seamless cross-border payments and low-fee B2B transactions await. Read More The post Ripple Partners with RocketFuel for Global Payment Revolution appeared first on Crypto News Land.

Ripple Partners with RocketFuel for Global Payment Revolution
  • Ripple collaborates with RocketFuel to integrate its payment network.
  • RocketFuel utilizes Ripple Payments for low-fee, instant cross-border B2B transactions.
  • XRP saw a 15% price rise, driven by Ripple’s Swell conference.
Ripple has unveiled a groundbreaking partnership with San Francisco-based payments company RocketFuel. This strategic collaboration, announced at the Ripple Swell conference, aims to integrate Ripple’s advanced payment network into RocketFuel’s product suite, ushering in a new era of seamless transactions.

Under this partnership, RocketFuel will leverage Ripple Payments across three key payment products tailored for eCommerce merchants and B2B payments. RocketFuel’s “Pay-in-Commerce” and “Mass Pay-out” offerings will now feature Ripple Payments, allowing merchants to receive payments in both cryptocurrencies and fiat via bank transfers. Moreover, the “Cross-border B2B” product, which facilitates large-sum transactions across borders, will benefit from Ripple Payments, enabling B2B clients to move funds swiftly and affordably.

Peter Jensen, the CEO of RocketFuel, expressed his enthusiasm for the collaboration, emphasizing how it would revolutionize the company’s offerings. He highlighted the superiority of blockchain-based products like Ripple’s over traditional payment rails, emphasizing their efficiency and modernity.

Simultaneously, the Ripple Swell conference brought exciting news for XRP, Ripple’s native cryptocurrency. XRP experienced a remarkable 15% surge in its price within the past week, fueled by positive developments from the conference. 

Notably, Ripple-owned Metaco announced a groundbreaking partnership with HSBC, a leading multinational banking giant, to launch a crypto custodial service for its clients. This development, alongside the broader positive sentiment in the crypto market, contributed to the surge in XRP prices.

Read also:

0 people liked this article

Related Articles

Crypto News
Crypto Exchange Bitget Lists SATOSHIS (SATS) in its innovation zone
The post Crypto Exchange Bitget Lists SATOSHIS (SATS) in its innovation zone appeared first on Coinpedia Fintech News The Crypto Exchange Bitget Lists SATOSHIS (SATS) in its innovation zone Bitget,...
7mo ago
2m
Crypto News
Circle Reportedly Considers 2024 IPO With Support From BlackRock
According to a Bloomberg report, Circle, the company behind USDC, is considering an initial public offering (IPO) in early 2024. The company is reportedly in talks with advisors in preparation for ...
7mo ago
3m
Crypto News
Cryptocurrency Climate Shift: Bitcoin Breaks $30K as Altcoins Awaken
Bitcoin's bullish ascent past $30,000 hints at a four-year cycle bull run, with altcoins ready for explosive growth. Read more on CT
7mo ago
1m
Crypto News
Spanish Regulator Takes Disciplinary Action Against Crypto Firm for Violating Advertising Rules
Spain’s top financial regulator, the National Securities Market Commission (CNMV), has taken action against Miolos Desarrollos S.L., a crypto firm, for violating the country’s advertising and promo...
7mo ago
3m
Crypto News
Bitcoin’s Delta Risk Reversal Indicates “Continued Rise”
The price of the largest cryptocurrency, Bitcoin (BTC), has reached its highest level since May 2022, surpassing $36,000. As investors wonder what will happen after this striking rise, the delta ri...
7mo ago
3m
Crypto News
SEC sees Binance’s arguments for lawsuit dismissal as absurd
The U.S. Securities and Exchange Commission (SEC) said that Binance’s attempts to dismiss the lawsuit against it are invalid.The regulator called the company’s arguments “absurd.” In its response, ...
7mo ago
2m