Cambridge Global Payments partners with Ripple to ‘enhance’ cross-border payments.
Cross-border payments options company, Cambridge Global Payments today revealed its collaboration with crypto payments network Ripple, and that it would utilize RippleNet to broaden its payment shipment system into the Asia-Pacific markets. In contrast with other payment companies, RippleNet minimized payment times by 99 percent when consumers desired to pay their abroad suppliers. A research study from Juniper Research discovered that blockchain networks will interfere with existing payment types and that the overall worth of B2B cross-border payments would reach $35 trillion by 2022.
