UAE: Al Fardan Exchange, Ripple cooperate to offer international payments


(MENAFN) Al Fardan Exchange, money transfer firm, is collaborating with American blockchain tech firm Ripple to give immediate cross-border payments, as trade houses join efforts with FinTechs to find fresh clients and level up their business deals.

The deal will let Al Fardan's clients to send money globally in real time, stated the firm on Tuesday.
Hasan Al Fardan, chief executive of Al Fardan Exchange, reported that “we are well into a digital future and payments powered by technology, which is becoming key in the region.”

He added, “This partnership underscores our commitment to offer new channels and opportunities for people to remit money more securely, with more flexibility and convenience.”

MENAFN25012022000045013270ID1103591580


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.