SBI Ripple Asia to Trial Store Settlement Service for XRP-Powered Payments App MoneyTap
Cointelegraph
Published May 31, 2019 08:11AM ET
Updated May 31, 2019 08:22AM ET
SBI Ripple Asia to Trial Store Settlement Service for XRP-Powered Payments App MoneyTap
SBI Ripple Asia — a subsidiary of Japanese financial services giant SBI Holdings — is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap. The news was reported by Cointelegraph Japan on May 30.
As previously reported, MoneyTap — which launched in the fall of last year — implements Ripple’s blockchain solution xCurrent to enable near-instant domestic bank-to-bank remittance services.
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Written By: Cointelegraph
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