Ripple supports Paydek to Expand Real-Time Payments to Latin America and Africa

Right now Ripple firms is trying their best to support their networking partners to expand their business globally by giving local entity support.

In the present time Gian payment firm Ripple foundation is facing scrutiny issues raised by the US regulators Securities and Exchange Commission ( SEC). But still in this situation, they are not going back to expand their business and Support for their network partner. 

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Sendi Young, former Mastercard top executive & head of European development of RippleNet, tweeted that Ripple will now give full support for Paydek to expand their business infrastructure in Africa and Latin America, on the demand of freelancers & remote workers to accept payment in real time speed. 

Paydek is a US based company and this company gives their services for all payment settlement facilities between the businesses and individual clients. Now this company will use the network support of Ripple company. And the company expects that they will swell to $455 within the next two years. 

After the network support of the ripple, Paydek will facilitate transactions for the local fiat like MXN, UYU, ARS and CLP in Latin America. 

While it will also support GHS, ZAR, XOF, SLL fiat currency in addition to 5 other fiat Currencies which were already part of Paydek. 

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