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.
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