A new mainstream commercial has landed for TransferGo’s international payments service which uses RippleNet to settle faster at a far cheaper rate.
TransferGo currently has 1.3 million active users who regularly send a lot of money to loved ones back home in India and a growing list of payment corridors.
We’re delighted to be one of the first companies in the market to offer our customers real-time money transfers. By using Ripple’s revolutionary blockchain technology, we’re able to establish real-time communication between us and our banking partners in India, allowing TransferGo customers to send money to family and friends or make international payments immediately
Daumantas Dvilinskas – CEO TransferGo
At Ripple, we believe blockchain technology has the power to make money move as quickly as information moves today. TransferGo is a great example of a forward-thinking payment provider that’s leaning in to new technology to facilitate real-time, cross-border money transfers for their customers. That’s a big step forward