Ripple has joined forces with Clear Junction to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction, with its FCA authorization and ISO 27001 certification, ensures secure and compliant payment solutions.
In a move to revolutionize cross-border payments, Ripple, a leader in enterprise blockchain and crypto solutions, has announced a strategic partnership with Clear Junction, a global frontrunner in cross-border payment solutions for regulated institutions. This collaboration promises instant GBP and EUR payouts for UK and EU customers, thanks to Ripple’s enterprise-grade blockchain solutions and Clear Junction’s secure infrastructure.
The goal of this partnership is to provide instant and secure GBP and EUR-denominated payout coverage for Ripple’s extensive customer base. Additionally, Ripple plans to introduce new currencies for its customers in the near future. Cassie Craddock, Managing Director, Europe at Ripple, expressed excitement about the partnership, highlighting Clear Junction’s support for all use cases and expertise in cross-border payments.
Clear Junction’s FCA authorization and ISO 27001 certification demonstrate its commitment to secure and compliant payment solutions. Dima Kats, Founder and CEO of Clear Junction, emphasized the importance of the partnership in enhancing their offerings in fiat and cryptocurrency domains. The collaboration between the two institutions aims to improve their services and explore future growth opportunities.
Ripple Payments offers businesses enterprise-grade infrastructure for faster, cheaper, and more efficient cross-border payments. With payout capabilities in over 80 markets, covering 90% of the global FX market, Ripple serves hundreds of customers across six continents. Established in 2016, Clear Junction provides access to multi-currency payment accounts, e-money accounts, virtual IBANs, and treasury services for regulated financial institutions.
The price of XRP has seen a slight increase to $0.5276, with Ripple continuing to make strides in the world of cross-border payments.