{"id":153943,"date":"2025-03-27T18:00:23","date_gmt":"2025-03-27T16:00:23","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153943"},"modified":"2025-03-27T16:59:30","modified_gmt":"2025-03-27T14:59:30","slug":"ripple-announces-new-partnership-to-revolutionize-cross-border-payments-in-africa","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-announces-new-partnership-to-revolutionize-cross-border-payments-in-africa\/","title":{"rendered":"Ripple Announces New Partnership to Revolutionize Cross-Border Payments in Africa"},"content":{"rendered":"

This collaboration<\/a><\/strong> aims to transform the payment landscape in the region by offering more efficient, accessible, and affordable services for Chipper Cash\u2019s five million users spread across several African countries. The use of Ripple’s blockchain technology is expected to reduce friction in payments, making transactions faster and cheaper than traditional methods, and providing a competitive edge in the rapidly growing digital payment market.<\/p>\n

With RippleNet’s advanced blockchain technology, users will now be able to send and receive money globally around the clock, with significantly reduced transaction times and fees compared to traditional payment systems.<\/p>\n

Ripple\u2019s entry into Africa began in 2023 with a partnership with Onafriq, and now the company is further expanding its presence through Chipper Cash. By leveraging XRP, Ripple aims to provide seamless transactions across borders, which is particularly vital in Africa, where traditional banking infrastructure is often limited.<\/p>\n