Ripple offers services specially designed for start-ups

Adrian Yap, co-founder and CEO of Money Match, said that when dealing with foreign suppliers, SMEs have little choice but to accept the same rates. He stated that these collaborators then worked with Ripple to create a improved cross-border payment process, which offers its customers better rates and faster transaction times.

Money Match collaborates with Ripple and follows other start-ups

In a retweeted message by Ripple, Adrian Yap spoke about his work with the creative company of XRP: “While traditional financial institutions across the country used high exchange rates on low volume transactions, MoneyMatch has partnered with @Ripple to offer cheaper and faster payments to more than 120 countries.” #FinTech #RippleNet – Adrian Yap, CEO of @moneymatchapp ”.

This advance is viewed very favorably by many start-ups who consider that banks tend to prioritize corporate clients over SMEs. High-cost foreign exchange has generated a lot of revenue, and this is the main shortcoming that Money Match has tackled. Lower prices and simple methods for send money abroad are a boon for SMEs, which will also benefit companies that facilitate these operations.

Sydney Ifergan, cryptocurrency expert, tweeted, ” Developing relationships with banks and payment providers around the world is crucial for money transfer services. It's a good thing Ripple can make this happen for start-ups“.

Ripple wants to offer the best and support SMEs

According to Money Match, SMEs start with low value transactions and are rightly careful with their money. The company adds that once start-ups are convinced of the amount of their savings, they make four or five larger payments each month. Over time, SMEs will be able to appreciate the benefits of same-day settlements, ranging from cash management support to obtaining better terms from their suppliers.

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Singapore has recently helped Ripple gain the trust of residents by allowing them to transfer funds quickly and easily. The XRP predictions that were made years ago are now becoming a reality, and things are falling into place. The XRP continues to bridge the gap between direct asset transfers and the different parts. Transfers are instant (4 seconds) and are extremely inexpensive, unlike rapid transfers. The current trend is to digitize everything. Several payments will then also have to be digitized, especially for low-value cross-border payments, and for this Ripple is already ready.