Ripple Partners With FOMO Pay To enable Cross Border Payments
Jul 27, 2022
Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc has partnered with FOMO Pay a One-stop QRcode Payment Solution Provider leading Singapore-based digital payment solution provider.
FOMO pay is planning on using Ripple’s crypto-enabled enterprise technology which is supposed to be enabled over the cross border.
FOMO pay is used to employ the traditional payment system for cross-border settlement of Euro and US Dollar trades it takes 2 days. The firm will be able to conduct instant settlement with very low transaction costs with this integration.
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