RocketFuel Inc. Partners with Ripple to Revolutionize Global Payments
RocketFuel Inc., a global provider of payment solutions, has formed a strategic partnership with Ripple, aiming to integrate Ripple Payments into its existing architecture. This move is designed to meet the growing demand for improved FIAT payment processes for merchants and customers worldwide.
Ripple Partners With RocketFuel
Through this partnership, RocketFuel Inc. will incorporate Ripple Payments into its range of products, including “RocketFuel Pay-In Commerce,” “RocketFuel Mass Pay-Out,” and “RocketFuel Cross border B2B.” These products cater to in-store and online crypto and ACH payments for merchants, mass payments to numerous customers and partners globally, and large-scale cross-border transactions using blockchain and stablecoin technologies.
According to Peter Jensen, CEO of RocketFuel Inc., leveraging Ripple’s cutting-edge payment solutions will revolutionize the way businesses transact by creating faster, more cost-effective payment experiences for merchants and partners worldwide.
Brendan Berry, Head of Payments Product at Ripple, stated that through partnerships like the one with RocketFuel Inc., they aim to provide efficient and cost-effective payment solutions through the power of crypto and blockchain.
Ripple Swell: Day 1 Recap
During yesterday’s Swell conference, Ripple revealed the rebranding of its RippleNet to Ripple Payments, expanding its cross-border payment services. The company also extended its partnership with Onafriq to open new payment corridors that promise to streamline and economize remittance and business payments between Africa and multiple international markets.
XRP Price
At press time, XRP was trading at $0.7006. The first day of the Swell conference did not have a lasting impact on the XRP price. Currently, XRP is trading between the 0.5 Fibonacci retracement level at $0.677 and the 0.618 Fibonacci retracement level at $0.7339. The latter could be the most crucial resistance level before the XRP price could rise towards the yearly high.
Hot Take: Ripple’s Strategic Partnership with RocketFuel Inc.
The strategic partnership between Ripple and RocketFuel Inc. marks a significant milestone in revolutionizing global payments by incorporating cutting-edge crypto and blockchain technologies into existing payment architectures. This alliance opens up new possibilities for faster, more cost-effective transactions worldwide while expanding cross-border payment services through innovative products such as “RocketFuel Pay-In Commerce” and “RocketFuel Cross border B2B.” As both companies continue to strengthen their collaboration, it is evident that they are committed to empowering businesses globally by providing efficient payment solutions for merchants and partners.
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