#Ripple partners with #Onafriq to transform cross-border #payments, offering faster, cost-effective solutions for #Africa and global markets. #XRP #XRPArmy Read More The post New Ripple Collab Powers Cross-Border Payments Between Africa and Key Markets appeared first on Crypto Ne...
- Ripple and Onafriq partner to revolutionize cross-border payments for Africa and key markets.
- Ripple Payments technology accelerates efficient, cost-effective international money transfers.
- Onafriq’s expansive mobile money network paves the way for secure and low-cost remittances.
This collaboration aims to enhance international money transfers between Africa and various emerging markets, including the Gulf Cooperation Council (GCC), the United Kingdom, and Australia.
Leveraging Ripple Payments, Onafriq is creating three new payment pathways connecting Africa with the rest of the world. This development enables customers of UK-based PayAngel, GCC’s Pyypl, and Australia’s Zazi Transfer to execute swift and cost-effective remittances and business payments to recipients spanning 27 countries within Onafriq’s expansive pan-African network.
Ripple’s cutting-edge crypto technology contributes to eliminating the conventional challenges linked to cross-border payments, such as extended transfer durations, unreliability, and excessive fees. The Ripple and Onafriq partnership is set to introduce more efficient and affordable international money transfer solutions to Africa, furthering the cause of financial inclusion across the continent.