Case Study: Travelex Bank expands into new markets with Ripple Payments

Travelex Bank accesses new markets and customers with Ripple Payments

Travelex Bank, the first domestic exchange bank approved by the Central Bank of Brazil, wanted to expand into new corridors and give customers a better global payments experience. To support that goal, the bank turned to Ripple and Ripple Payments to modernize its cross-border payments capabilities.

With Ripple Payments, Travelex Bank can offer more affordable payment methods, near-instant settlement, and 24/7/365 liquidity access to streamline global payments management. In just one year, Ripple helped Travelex Bank gain 10 new clients by connecting it to Ripple’s global payments network, which covers more than 90% of the FX market.

Travelex Bank

João Manuel Campanelli Freitas

Executive Vice President