Today we cover this Ripple XRP XRapid Partners with Cambridge Global Payments. Adding a new Ripple partnership that will pilot Xrapid System. So Ripple XRP Partners with Cambridge is a very important thing.
This new company is a subsidiary of FLEETCOR Technologies a leading global provider of commercial payment solutions. Andis launching a pilot program to use XRP in cross-border payment flows through xRapid.
Cambridge currently has over 13,000 clients around the world and handles $20 billion in international transactions annually.
Incorporating XRP in those flows will provide their clients with a cross-border payments experience that is significantly faster, cheaper, and more transparent.
Cambridge joins five major financial institutions that have publicly announced that they are piloting xRapid. Including Cuallix, MoneyGram, IDT Corporation, Mercury FX, and Western Union.