Ripple adds 5 new xVia clients in emerging market payments

Today, blockchain cross-border payment company Ripple announced five new customers: FairFX, Exchange4Free, RationalFX, UniPAY, and MoneyMatch. They will leverage Ripple’s xVia standard API solution to facilitate payments through RippleNet and access new markets, including emerging markets faster and more efficiently.

xVia allows for financial institutions and businesses to easily send payments to and from emerging markets by leveraging the benefits of RippleNet — Ripple’s decentralized global payments network.

As RippleNet grows, the blockchain payments company is looking to continue adding a broad array of payment providers, from telcos, digital wallet providers to more traditional financial institutions.

Ripple’s goal is to provide a fluid flow of money that can help provide the opportunity both into and out of emerging markets, but also broadly around the world.

The Ripple team noted, “As money begins to travel around the world with fewer barriers and higher speeds, we believe that we can get one step closer to an Internet of Value — a world where money can move like information does today.”