- Ripple has partnered with Clear Junction in order to offer customers from the UK and EU cross-border payments that are in GBP (pound sterling) and EUR.
- Clear Junction is FCA-authorized and ISO 27001 certified, ensuring secure payment solutions.
RippleLeader in crypto and blockchain enterprise solutions, has announced Clear Junction is the world leader in providing cross-border payment services for financial institutions.
Paying across the border in a brand new way! 💼 #Ripple Clear Junction and Ripple’s alliance will offer UK and EU clients instant payouts in GBP or EUR. With Ripple’s enterprise-grade blockchain solutions and Clear Junction’s secure infrastructure, transactions are set to… pic.twitter.com/xQj2Avbr1I
— Collin Brown (@CollinBrownXRP) June 5, 2024
The collaboration will enable Ripple to provide its large customer base with instant, secure GBP/EUR payouts. Ripple will also introduce new currencies to its customer base later in this year. In the video below, we go into detail about the partnership.
Enhancing Cross-Border Payment Capabilities
Cassie Craddock, Managing Director, Europe at RippleThe new partnership was met with enthusiasm by.
“Clear Junction is a great fit for Ripple,”
Craddock commented.
“From the outset, they supported all our use cases, including providing GBP and EUR payout coverage for our clients sending payments into the UK and EU. Clear Junction already has robust relationships with several of our existing clients, and its management team brings years of expertise in cross-border payments and banking. We are excited to integrate Clear Junction into our network and view this as the beginning of a long-term relationship.”
Clear Junction is an FCA authorized e-money Institution in the UK. This allows it to offer secure, compliant and safe payment solutions. ISO 27001, which is the most stringent global standard for data security, was achieved by the firm. underscores Its commitment to data security and operational safety.
Dima Cats, CEO and Founder of Clear Junction, stressed the importance of this collaboration.
“At Clear Junction, we strive to identify new commercial opportunities to enhance our offerings in both fiat and cryptocurrency domains,”
Say Kats
“Blockchain technology and cryptocurrencies are at the forefront of correspondent banking’s evolution, and we are thrilled to partner with Ripple to be part of this transformation. This collaboration exemplifies how two institutions can come together to enhance their respective services. We look forward to working closely with Ripple and exploring more avenues for growth in the future.”
Ripple Payments is the platform that provides businesses with enterprise-grade technology to enable faster, more affordable, and better cross-border payment. The solutions It offers include A superior customer experience from beginning to end, streamlined network partnerships, liquid management, credit lines, and an advanced infrastructure for payments in real time.
Currently, Ripple Over 80 FX markets are covered by the company, which serves customers in over 55 countries across six continents. This covers over 90% of global FX.
Clear Junction was established in 2016 and provides fast and secure access for multi-currency payments, emoney accounts, virtual IBANs and Treasury services to regulated businesses. financial institutions. Clear Junction is a great partner for clients. reduce Time to Market is a factor when it comes to establishing new banking relationships, gaining access into new markets, or leveraging innovative technologies and expert knowledge.
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Source: www.crypto-news-flash.com