Ripple, a pioneer in blockchain and crypto solutions, has recently partnered with a global payments provider to transform cross-border payments. RocketFuel, a payment product provider, has integrated #RipplePayments into its suite of payment products to meet the increasing demand for faster and more efficient payment solutions. Ripple is also expanding its global reach by establishing new payment corridors between 27 African nations and key destinations such as the United Kingdom, Australia, and the Gulf Cooperation Council (GCC). The partnership with Onafriq, a prominent player in African mobile payments, aims to eliminate the conventional hurdles associated with international money transfers, ensuring speed, reliability, and cost-effectiveness. The partnership will establish three innovative blockchain-based payment corridors, bridging the gap between Africa and key markets. Besides, the partnership will also involve Zazi Transfer in Australia to offer a secure and low-cost remittance channel between Africa and the Australian continent.

#Ripple has been expanding its partnerships and rebranding its flagship product RippleNet to offer more efficient payment solutions. The company is looking to expand its business interests in both the U.S. and Africa through the launch of an updated service. The partnership with RocketFuel and Onafriq is expected to reshape the landscape of international money transfers by harnessing Ripple's cutting-edge crypto technology to address the persistent issues of lengthy transfer times, unreliability, and excessive costs that have long plagued cross-border payments.