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Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees

Published 12/13/2019, 06:16 PM
Updated 12/13/2019, 08:01 PM
Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees
XRP/USD
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Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees, according to a blog post published on Dec. 12.

SendFriend uses Ripple’s xRapid product for cross-border payments, converting between the United States dollar, XRP and Philippine pesos and circumventing the longer process of traditional banking systems.

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