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Novatti partners with Ripple for global blockchain payments network


peanut56
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https://www.thesentiment.com.au/novatti-partners-with-ripple-for-global-blockchain-payments-network/

 

"Harnessing the high speed and low cost of blockchain technology, Australian fintech and digital payments company Novatti Group (ASX: NOV) has partnered with Ripple to enable real-time remittance between Australia and Asia."

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4 minutes ago, MisterRipple said:

Lemme guess, no XRP :D

you can read the 3 page partnership from Novatti here. It all implies they will use XRP yes:

 

https://static1.squarespace.com/static/5acfeafc620b85e4b392a803/t/5fcd551405ddc9599d31a676/1607292185363/Ripple+partnership+to+fast-track+growth+in+South-East+Asia.pdf

 

"Novatti Group Limited (ASX:NOV) (Novatti or Company), a leading digital banking and payments company, has formed a major new partnership with global payments disrupter, Ripple, to target the rapidly growing South-East Asia region. Ripple is a revolutionary company disrupting the global financial industry. Through RippleNet, Ripple’s decentralised, global financial network, Ripple provides its partners with the ability to process global payments instantly, as well as access to emerging, high-growth capabilities, such as blockchain and the digital asset, XRP, the world’s third largest digital currency, valued at more than USD$27 billion. 1 Ripple builds financial solutions and services leveraging XRP – to move money at the same speed and standard that information moves today. RippleNet uses distributed ledger technology to deliver financial solutions – from bi-directional messaging, settlement, liquidity management and lines of credit – to a global network of partners. Novatti will become a major Ripple partner, with Novatti’s customers gaining access to Ripple’s global financial network RippleNet, its capabilities, and the hundreds of financial institutions that Ripple already works with. This includes high-profile names such as American Express and MoneyGram.2 The partnership will initially target cross-border transactions between Australia and the South-East Asia region. Plans are also underway to further expand the partnership to see Novatti process Ripple’s broader cross-border payments into Australia, creating a new potential revenue source for Novatti’s core payments processing business."

 

and

 

"Managing Director of Novatti, Peter Cook, said “Novatti is incredibly excited to partner with Ripple, who are rapidly disrupting the global payments industry. This partnership will further increase Novatti’s competitiveness and provide our customers with access to new, innovative payment solutions. In particular, we look forward to working with Ripple to provide our customers with access to their exciting alternative financing solutions, so that our customers can free-up capital to focus on growing their businesses.”

Edited by buh
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5 hours ago, buh said:

you can read the 3 page partnership from Novatti here. It all implies they will use XRP yes:

 

https://static1.squarespace.com/static/5acfeafc620b85e4b392a803/t/5fcd551405ddc9599d31a676/1607292185363/Ripple+partnership+to+fast-track+growth+in+South-East+Asia.pdf

 

"Novatti Group Limited (ASX:NOV) (Novatti or Company), a leading digital banking and payments company, has formed a major new partnership with global payments disrupter, Ripple, to target the rapidly growing South-East Asia region. Ripple is a revolutionary company disrupting the global financial industry. Through RippleNet, Ripple’s decentralised, global financial network, Ripple provides its partners with the ability to process global payments instantly, as well as access to emerging, high-growth capabilities, such as blockchain and the digital asset, XRP, the world’s third largest digital currency, valued at more than USD$27 billion. 1 Ripple builds financial solutions and services leveraging XRP – to move money at the same speed and standard that information moves today. RippleNet uses distributed ledger technology to deliver financial solutions – from bi-directional messaging, settlement, liquidity management and lines of credit – to a global network of partners. Novatti will become a major Ripple partner, with Novatti’s customers gaining access to Ripple’s global financial network RippleNet, its capabilities, and the hundreds of financial institutions that Ripple already works with. This includes high-profile names such as American Express and MoneyGram.2 The partnership will initially target cross-border transactions between Australia and the South-East Asia region. Plans are also underway to further expand the partnership to see Novatti process Ripple’s broader cross-border payments into Australia, creating a new potential revenue source for Novatti’s core payments processing business."

 

and

 

"Managing Director of Novatti, Peter Cook, said “Novatti is incredibly excited to partner with Ripple, who are rapidly disrupting the global payments industry. This partnership will further increase Novatti’s competitiveness and provide our customers with access to new, innovative payment solutions. In particular, we look forward to working with Ripple to provide our customers with access to their exciting alternative financing solutions, so that our customers can free-up capital to focus on growing their businesses.”

I've learned over the years that there's a BIG difference between "will use" and "is using" XRP.
Same goes for the dozen of banks, blink of an eye and so on..

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1 hour ago, MisterRipple said:

I've learned over the years that there's a BIG difference between "will use" and "is using" XRP.
Same goes for the dozen of banks, blink of an eye and so on..

you believe in what you will and feel is right. That's the good thing about reading and interpreting information. Instead of focusing on "if's" be mindfull of the "when's".

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