Ripple has announced five new customers for its xVia API solution, enhancing these companies’ access to the rapidly expanding global payments market. The companies include FairFX (U.K.), RationalFX (U.K.), Exchange 4Free (U.K.), UniPay (Georgia) and MoneyMatch (Malaysia), Ripple announced on its website.
xVia provides an easy way for financial institutions and businesses to send payments to and from emerging markets using RippleNet, Ripple’s decentralized global payments network. By offering a standard API solution, xVia enables companies looking to send payments — such as digital wallets, payment providers and others — to quickly scale their businesses, differentiate their services and address customers’ needs. Businesses and individuals that rely on these services can send payments faster and cheaper.