Amex Joins Ripple as a Member of RippleNet

AMEX customers will see an immediate improvement in how they send money globally

News has just broken from Ripple directly, that AMEX has Joined RippleNet. They posted the update on their website and twitter account earlier this afternoon.

The XRP market reacted with immediate upwards movement, something that has not been seen for quite a while.

More than just a membership, AMEX customers will see an immediate improvement in how they send money globally. This move promises to allow people who use American Express FX International Payment (FXIP) to have a so-called immediate improvement in how money is sent globally.

This move essentially creates a channel between the US and the UK to make transfers more efficient. Transfers that used to take days can now be completed in real time.

For more information read the update on the Ripple website:
https://ripple.com/insights/american-express-joins-ripplenet-giving-visibility-and-speed-to-global-commercial-payments/

Follow us on Telegram | Twitter | Facebook

Featured Images are from Shutterstock.

Blokt is a leading independent cryptocurrency news outlet that maintains the highest possible professional and ethical journalistic standards.

LEAVE A REPLY

Please enter your comment!
Please enter your name here