Ripple To Make Waves Within Indian Remittance Services

Ripple To Make Waves Within Indian Remittance Services
фото показано с : cryptodaily.co.uk

2018-6-30 15:00

A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services.

According to Ripple:

“The data is clear. Indian financial institutions are a critical hub for both the citizens in their country and the greater global economy. ”

You can see the full post for yourself here- https://ripple. com/insights/ripple-improves-access-india-kotak-mahindra-bank/

In order to fully absorb themselves within the Indian remittance economy, Ripple are using RippleNet in partnership with Kotak Mahindra Bank, a bank with over 1300 branches nationwide.

Continue reading Ripple To Make Waves Within Indian Remittance Services at Crypto Daily™.

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According to the World Bank, global remittance payments are on track to grow by 3.4 percent or roughly $466 billion in 2018, with India and China having the highest incoming flows in 2017. Together with this massive flow of capital, emerging markets are home to 85 percent of the global population and account for almost … Continued The post RippleNet Strengthens Emerging Markets Access into India, Brazil and China appeared first on Ripple.

2018-6-17 12:50