Ripple has added yet another member to its growing list of partners as the international money transfer service, Xendpay, has announced that it has partnered with Ripple.
We’ve partnered with #Ripple, to make your money transfers to friends and family back home in Malaysia faster, easier and more secure.
Find out more 👉 https://t.co/Jj4ENVSoJJ#SendMoneyAbroad #MoneyTransfer pic.twitter.com/oC8IxyibP3
— xendpay (@xendpay) May 9, 2019
The particular initiative by Xendpay focuses on sending money to Malaysia, a country which has already Ripple-supported international transfers made.
Xendpay has been created with the goal of “reducing the cost of international transfers while still maintaining the best possible customer service.”
Ripple is a popular choice for businesses that focus on cross-border payments, given the speed and cost-efficiency with which Ripple’s technology allows them to facilitate transfers. Recently, Ria Money Transfers, a subsidiary of Euronet Worldwide, joined RippleNet, with the intention of focusing on “end-to-end tracking, better visibility into fees, estimated delivery time, and status.”
Ripple has had a fantastic start to 2019 in terms of partnerships, and its list of RippleNet partners has already surpassed the 200 member mark.