Popular Post Ripple-Stiltskin Posted November 12, 2018 Popular Post Share Posted November 12, 2018 https://zerocrypted.com/ripple-breaks-into-chinese-payments-market/ Before this announcement, all foreign card companies in China had been enforced to work with the existing state-monopoly consortium known as, UnionPay – But Ripple’s partner, AmEX, has now become the first payment company to work without UnionPay. Anything can be connected to xCurrent using a multi-hop, and so AmEX and LianLian can use xRapid in the future. The multi-hop system could further be expanded throughout China leading into the government lifting the ban. Multi-hop lets Ripple members transact with banks or payment providers or digital wallets that there is no direct relationship. Nice: another potential market and use case. XRPfan_Eelco, 7strings, Panosmek and 13 others 11 5 Link to comment Share on other sites More sharing options...
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