.Ripple lands first ODL customers in France and Sweden. $XRP XRPnews XRParmy RippleNet
Ripple blockchain heavyweight has inked two new partnerships. Its first partner in France is now Paris-headquartered firm Lemonway. It provides payments for online marketplaces. The payment platform will now be deploying Ripplenet-connected ODL – the system that usesThis partnership has occurred at the time, when France has been opening itself to the technology of crypto and bockchain.
As for the Swedish customer, the first one in the country, Xbaht, it enables funds transfers between Sweden and Thailand. Partnership with the Ripple giant will allow Xbant to offer quick and cheap remittances using ODL , which will also be supported by Tranglo – a hub for cross-border payments working in Singapore.
This is where Ripple comes in, offering its services through RippleNet and ODL. The company's business has been seeing massive expansion around the world, and Ripple's clients have been improving, scaling their businesses using ODL. Currently, the annualized volume of payments made via ODL has surpassed $15 billion. In the second quarter of this year, ODL has increased nine times year-on-year.
This Ripple service currently powers around 25 payment markets in various countries, including Poland and Asia: FINCI, SBI Remit, Novatti, etc. Now Lemonway and Xbaht have joined them too.
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