Ripple Partners with GME Remittance

Ripple established a partnership with GME Remittance. The main goal of their partnership is because they want to boost their remittance services between South Korea and Thailand.

GME Remittance is a giant company of South Korea and they are better at their services but now they plan to boost up their services across Thailand also. To expand their business of remittance services they became a partnership of SBI Ripple Asia.

SBI Ripple Asia is a subsidiary of Ripple company. Now SBI Ripple Asia & GME Remittance will work together to support their platform & services to make the payment system faster and better. 

GME Remittance announced their tie-up with SBI Ripple Asia on 10 August through a blog post on Ripple. 

Subash Chandra Poudel, Director and COO at Global Money Express Co. Ltd. (GME Remittance) stated that they are doing this partnership because they want to reduce the time i.e want to give faster payment services and also they want to beat the competition that is going on the market.

“We chose Ripple as our partner because with RippleNet we can launch into new countries with new partners within 1-2 weeks. This has drastically reduced the time to market and provides us with an edge compared to our  competitors”

Here ledger company Ripple is really doing their best to show their impact in the financial ecosystem to provide their services with huge numbers of support with the other servicer. Probably this will make Ripple & their partners more efficient & better in favour of the Ripple token users also.

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