6 Common Cross-Border Payment Challenges for Local Banks:
1️⃣ High costs w/ hidden fees
2️⃣ Slow settlement
3️⃣ Limited access
4️⃣ Service reliability issues
5️⃣ Complex compliance management
6️⃣ Liquidity constraints
Ripple Payments addresses these challenges!
#Ripple #RLUSD #XRP