More and more people, companies, and firms are starting to explore Ripple (available on Binance) technology. DCEX uses Ripple (available on Binance) tech, and now payments provider TransferGo has started too. Well, that’s according to a September 5th press release documenting the TransferGo Ripple (available on Binance) technology integration, that is.

TransferGo Ripple (available on Binance) Technology Integration: A Smart Move?

On Wednesday, TransferGo announced that it will be rolling out a remittance corridor to India. How? By using Ripple (available on Binance) technology. Perhaps the most well-known thing about Ripple (available on Binance) tech is that it allows for real-time transactions, which is likely one of the reasons TransferGo decided to make this move.

Right now it’s unclear which Ripple (available on Binance) technology the payments provider will use, but at this point, it doesn’t matter. We know everything we need to know: the technology is going to allow TransferGo to replace its slow communications systems, like Swift. And it’s going to give the company more credit in India, as there’s been a massive India Ripple (available on Binance) adoption recently.

Who Will Benefit?

Aside from TransferGo itself (this integration “opens up new horizons”), customers of the payments provider will, thanks to Ripple (available on Binance) tech, be able to “send money to family and friends,” as well as “make international payments immediately.”

Not the Only Move

Though details were scarce, it is evident that the TransferGo Ripple (available on Binance) technology integration is massive news. But it’s not the only crypto/blockchain announcement we’re going to be seeing from TransferGo. In fact, the provider even said this is just the start of its remittances that are blockchain-based.

XRP Price

Though Ripple (available on Binance) and XRP are not connected, it’s difficult to talk about Ripple (available on Binance) tech without thinking about where XRP is sitting on the market.

At press time, XRP is plunging in the double-digits. Selling for $0.297, XRP is down 10.61%. All of the top-ten coins are in the red zone, with Ethereum (available on Coinbase) (ETH) down just over 13%.