Trust Payments, the global unified payments group, is the first customer to go live and begin benefiting from the partnership.
As the first company to directly benefit from the partnership between Ripple and Modulr, Trust Payments can continue to expand its service and deliver new payment options.
Together, Ripple and Modulr look forward to delivering real-time and reliable payments into the region, from the Asia Pacific, North America, Latin America, and Middle East regions.
Modulr is authorised and regulated by the FCA as an Electronic Money Institution (Modulr FS Limited), and so can issue GBP accounts with dedicated account numbers and sort codes. As a direct participant of the Faster Payments and Bacs schemes, they hold and settle funds at the Bank of England, providing reliability and security for users.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.