Ripple partner Ria Money Transfer collaborates with Bank99, thus expanding its network. Such partnerships are important enough for Ripple. Indirect connections with various structures through such transactions can lead Ripple to strengthen its position in the world. There are also cooperation with those structures that are already in RippleNet, which is no less significant. All this helps to improve the position of Ripple in the financial technology market, so it is worth paying extra close attention to such cases and studying them. Ripple’s partner, Ria Money Transfer, is now partnering with Bank99, a subsidiary of the Austrian Post.
Ripple partner Ria Money Transfer partners with Bank99: Details
Ripple’s partner, Ria Money Transfer, is now partnering with Bank99, a subsidiary of the Austrian Post and its new division. Bank99 is engaged in banking and financial services. For a Ripple partner, Ria Money Transfer, collaboration means expanding the network. Through affiliation with Bank99, the Ripple partner company will be able to begin offering its services through 700 Austrian Post affiliates. For the Austrian Post, in turn, this is beneficial in that its customers can safely send money through the global network of Ripple Ria Money Transfer from almost 400,000 points in 160 countries.
The head of the Austrian Post, George Peltzl, called Ria Money Transfer “the perfect partner.” He stressed that consumers expect high speed, security and convenience from transferring money to other countries. Ripple partner Ria Money Transfer provides both this and the world-class service. According to the chief executive officer of Ria Money Transfer, Juan Bianchi, this cooperation will provide a real opportunity to strengthen the presence of the company in Austria, as well as support the initiative of the Austrian Post.
Head of Ripple partner Ria Money Transfer emphasized that the company is looking forward to working with Bank99 to continue its determination to offer customers more choices and convenience. The official launch of the joint project of the partner Ripple Ria Money Transfer and the Austrian Post will take place on April 1, 2020, and individual branches will offer services from May 4, 2020.