
2018-6-30 15:00 |
A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services.
According to Ripple:
“The data is clear. Indian financial institutions are a critical hub for both the citizens in their country and the greater global economy. ”
You can see the full post for yourself here- https://ripple. com/insights/ripple-improves-access-india-kotak-mahindra-bank/
In order to fully absorb themselves within the Indian remittance economy, Ripple are using RippleNet in partnership with Kotak Mahindra Bank, a bank with over 1300 branches nationwide.
Continue reading Ripple To Make Waves Within Indian Remittance Services at Crypto Daily™.
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