Cross-Border Payment Archives - Cryptolifedigital

Cryptocurrency has become a popular mode of payment in recent years due to its decentralized and borderless nature. It enables individuals and businesses to make cross-border payments with ease and low transaction fees. In this article, we will discuss how to use cryptocurrency for cross-border payments. Understanding Cryptocurrency Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of central banks. Bitcoin is the most popular cryptocurrency, and it is used for cross-border payments. Cryptocurrencies are based on blockchain technology, which is a decentralized public ledger that records all transactions. Cryptocurrencies are stored in digital wallets, and they can be used to purchase goods and services or exchanged for other...

Tranglo, an Asian-based cross-border company and partner of Ripple has expanded its payment solution to the United Arab Emirates. It is worth noting that Tranglo is into the service of giving efficient payment solutions in Asia, which triggered the Company to add the UAE, the second largest Arab economy. The update was made known via the official Twitter handle of the giant cross-border company, Tranglo. According to Tranglo; “UAE is now part of the Tranglo Connect network, offering instant payments to the second largest Arab economy,”. Read Also: XRP Ledger Updates Its Validators From "nay" To "yay" On The XLS20 Amendment In Support Of the Community https://twitter.com/Tranglo/status/1562047188070432768 Tranglo stated in the tweet that it added UAE to its Connect N...

Tag: Cross-Border Payment

How To Use Cryptocurrency For Cross-Border Payments.

Ripple’s Partner, Tranglo, Expands Its Payment Solution To The UAE