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Africa’s fintech innovator taps Ripple to provide round-the-clock fund transfers
Ripple, a global financial services company, has partnered with African fintech company Chipper Cash to accelerate cross-border payments on the continent. This collaboration will enable customers in Africa to receive funds from around the world at any time and day of the week.
Under this partnership, Chipper Cash will integrate Ripple Payments, a blockchain-based solution designed to facilitate international transactions quickly, efficiently, and affordably. The move aims to expand Ripple’s business within the African market, leveraging the growing popularity of blockchain technology among consumers and businesses on the continent.
According to Ripple, its new platform enables users to send and receive funds instantly, 24/7. This development is likely to promote financial inclusion, increase access to global markets, and empower both individuals and businesses in Africa by providing them with secure and seamless payment solutions.
Ham Serunjogi, CEO of Chipper Cash, stated that the partnership has the potential to revolutionize the way Africans interact with digital assets, enabling faster, cheaper transactions and ultimately driving economic growth and innovation across the region.
Chipper Cash, which currently serves five million customers in nine African countries, is expected to leverage Ripple’s global payment network to offer low-cost and rapid payment solutions.
Source: https://cryptobriefing.com/ripple-payments-africa-partnership/
