LAUNCHED instant INTERNATIONAL payment services using RIPPLE's enterprise blockchain technology solution for retail and corporate customers. The bank has launched a service for its retail customers in India to receive payments from RAKBANK in UAE and for its corporate customers in India to receive payments from Standard Chartered Bank in Singapore. Ripple MAKES international remittances faster and transparent for customers while ensuring security and improving efficiencies. The transactions reach their destination account in minutes, with the certainty of SETTLEMENT, and with end-to-end visibility over the journey of the payment.

"> LAUNCHED instant INTERNATIONAL payment services using RIPPLE's enterprise blockchain technology solution for retail and corporate customers. The bank has launched a service for its retail customers in India to receive payments from RAKBANK in UAE and for its corporate customers in India to receive payments from Standard Chartered Bank in Singapore. Ripple MAKES international remittances faster and transparent for customers while ensuring security and improving efficiencies. The transactions reach their destination account in minutes, with the certainty of SETTLEMENT, and with end-to-end visibility over the journey of the payment.

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Which private sector bank has recently launched ripple-powered instant payment service for retail and corporate customers?

Current Affairs Banking in Current Affairs 1 year ago

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Private sector lender Axis Bank has recently LAUNCHED instant INTERNATIONAL payment services using RIPPLE's enterprise blockchain technology solution for retail and corporate customers. The bank has launched a service for its retail customers in India to receive payments from RAKBANK in UAE and for its corporate customers in India to receive payments from Standard Chartered Bank in Singapore. Ripple MAKES international remittances faster and transparent for customers while ensuring security and improving efficiencies. The transactions reach their destination account in minutes, with the certainty of SETTLEMENT, and with end-to-end visibility over the journey of the payment.

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Posted on 11 Jul 2024, this text provides information on Current Affairs related to Banking in Current Affairs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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