In late may, the ranks of clients of the payment network RippleNet joined the leading provider of digital cross-border payments in Asia InstaReM and BeeTech, the South American provider of payment services.
New members of the network also entered into a partnership among themselves, so that their customers can in real time and at low cost to make payments on the markets in which companies operate.
“Innovative blockchain-network Ripple will allow us to provide quick and easy payment, including corporate clients and small businesses from BeeTech,” said co-founder and CEO of InstaReM Prajit NASU (Prajit Nanu).
It should be noted that InstaReM works with companies and individuals from more than 60 countries, many of which are in the developing world. In total in a year it handles more than 500,000 transactions.
It is reported that InstaReM will use a flagship app called Ripple xCurrent, and BeeTech use the tool xVia.
We will remind, couple of days ago to the network RippleNet joined the Kuwaiti Bank Kuwait Finance House. Just last month on its decision to use different payment instruments Ripple announced more than six banks and payment providers, including Mitsubishi Corporation, the exchange Coinone and the Bank of Oman BankDhofar.