Al Ansari exchange taps RippleNet Cloud cross-border remittances to Malaysia with MoneyMatch

Thursday 21 October 2021 14:25 CET | News

UAE-based foreign exchange Al Ansari has joined global payments network Ripplenet, connecting it with money transfer technology company MoneyMatch for same-day remittances to Malaysia.

This service will initially support transactions in Malaysian Ringgit (MYR), with plans to support the Brunei dollar (BND) and the Australian dollar (AUD) in the future.

RippleNet leverages blockchain technology to help partners across a global network accelerate their business performance and scale. It delivers end-customer experience, network partnering, liquidity management solutions, lines of credit and an infrastructure that enable real-time payments.

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Keywords: Ripple, partnership, cross-border payments, money transfer, blockchain
Categories: Payments & Commerce
Countries: United Arab Emirates
This article is part of category

Payments & Commerce