Finance News

Story: Ripple (XRP) On Last Mile in Global Payments Providing For Full Amount Receipt Instantly

By Steven Anderson

1 / 12

Ripple (XRP) Dealing with Policy Infrastructure

2 / 12

Ripple have issued a country by country primer on Domestic Payment Systems  “The Last-Mile Playbook to Global Payments” which is set to transform the unreliable global…

3 / 12

Instantly moving the value of money across the world can kick start micro and macroeconomics by the minute.  This in turn leads to increased production.

4 / 12

When the blockchain technology that provides a solution to streamline the entire payment system is paired with an efficient payment processing system, Ripple expresses that…

5 / 12

In their last mile solution, they have included Mexico, Thailand and Nigeria.  The power of blockchain technology is thus paving way to provide for seamless and instant…

6 / 12

Sydney Ifergan, the crypto expert tweeted:  “Nothing beats the efficiency of a system that makes possible end-to-end payment process.  Ripple (XRP) targeting just that.”

7 / 12

Ripple cross-border payment solutions provide for real-time settlement, which provides for complete transparency.

8 / 12

Ripple capabilities are very crucial to ensure straight and thorough processing in cross-border transactions.

9 / 12

According to Ripple “last mile” in global payments refers to the movement of value from a financial institution to the final delivery destination, the end recipient.

10 / 12

Ripple points to how in several emerging economies a majority of the global population are staying unbanked and how it is important to find alternative modes of payment.

11 / 12

Connecting domestic networks that have policy differences is another roadblock in the execution of the last mile payments.

12 / 12

The difference and unevenness in the policy is considered to be a prohibitive obstacle that prevents quick transfer from happening to the last mile.

The Currency Analytics

Want the full story?