Case Study: Xendpay achieves rapid remittance market expansion and 99% faster cross-border payments with Ripple

Xendpay opens up new remittance markets with Ripple to improve speed and stay ahead of the competition

Xendpay, a U.K.-based low-cost online money transfer provider with customers around the world, needed to open new remittance markets, offer payments in local currencies, and speed up cross-border processing to stay ahead of competitors. To address these challenges it partnered with Ripple and adopted RippleNet to streamline market entry and improve payment speed.

By joining RippleNet, Xendpay used a single connection and standardized operational framework to establish local partnerships quickly, cutting time-to-market for new corridors from 3–4 months to about four weeks and reducing processing times from 3–4 days to mere hours (a 99% reduction). Ripple’s solution helped Xendpay add 13 new currencies over the past year, boost transaction volumes and accelerate customer acquisition, giving the company a clear competitive edge.

Xendpay

Bhavin Vaghela

Head Of Product Innovation At Rational Group