Western Union, the global money transfer giant, states that it is preparing to make the crypto money mainstream.
Customers Have Expectations
In a recent interview with Analyze Asia, Asia Pacific General Manager Molly Shea says customers expect extraordinary efficiency in the digital age and that pay platforms must do their best to stay ahead of the game.
Lar Our customers expect a truly uninterrupted, connected service. It's not just fast. They expect everything to be as fast as they get with all the other digital applications they have. For this reason, we have to stand in the way of these expectations and anticipate what their expectations will be, and we need to direct the remittance market according to the needs of our customers and the developing wallets. As a result, we have to be there.
When you think about crypto currencies, if they start the business we do in the market, we need to be ready. We need to be ready from a technology perspective. We need to be ready, because there must be legal regulations. However, we have to constantly investigate the trends that customers are looking for and make sure that we are ready to meet the needs and expectations of our customers. "
Shea also confirms that Western Union has continued to test Ripple's payment solutions. The company has been researching xRapid for months using its XRP digital presence.
“We are open to discovering new business opportunities. We are particularly open to those who give us the opportunity to offer our customers more choices. Thus, we are aware that the blockchain and crypto money field is changing rapidly. We continue to investigate possible applications for our business. As some examples, we are launching some placement tests with Ripple for some corridors. I think the US dollar and the Mexican Pesos are an example. We're really learning all possible opportunities together. The options we choose will also have to be legitimate and widely acceptable for consumer use.
Another thing we do as part of our research is our investment in the Digital Currency Group. A fund that provides the industry's leading insight into the Blockchain and Crypto currency field. So I think this is really exciting. In fact, all these developments are all about the developments in these technologies, about how this technology can be applied to what we want to do. "
Western Union has made an update on its tests with xRapid in June and has not yet been convinced that this technology will lead to cost savings. At the time, the company pointed out that the pilot is still on its way to the final conclusions.
Let us know about the latest developments twitterFollow us, like our Facebook page and join our Telegram channel!
The post Western Union Ripple and Tested XRP appeared first on Kriptokoin.com.