Ripple Partners with I-Remit Philippines To Expand ODL Use

To improve its cross-border treasury flow, I-Remit, a non-bank supplier of remittance services with headquarters in the Philippines, has stated that it has increased its use of Ripple’s On-Demand Liquidity (ODL) product. I-Remit, one of OLD’s early users, has reportedly been using the payment system to send money across borders in real-time to the Philippines since 2018. 🇵🇭Mabuhay! We’re excited to announce the expansion of our partnership with I-Remit in the Philippines. As one of the earliest adopters of #ODL, I-Remit is expanding their use of ODL to improve their internal treasury management. Learn more: https://t.co/r6G5N8Q3YG — Ripple (@Ripple) September 21, 2022 I-Remit Expanding Use of ODL I-Remit decided to increase its use of ODL after adopting Ripple’s ODL in 2018 and seeing firsthand the potential of the payment solution to become one of the most well-known remittance destinations globally. To assist partners in accelerating their business performance and scaling across a worldwide network, RippleNet uses blockchain technology. It offers a superior end-user experience, streamlined network partnering, tools for managing liquidity, lines of credit, and cutting-edge technology to support real-time payments. I-Remit joins a growing list of businesses reaping the rewards of ODL for their operations and clients, including FOMO Pay, Novatti, FlashFX, Tranglo, SBI Remit, Pyypl, and more. I-Remit: A New Use Case for the OD...