UAE: Al Fardan Exchange, Ripple cooperate to offer internati...| MENAFN.COM

Thursday, 19 May 2022 03:48 GMT

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.”

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