XRP to be Used by a Payment Provider in the UAE

Ripple appears to have acquired a brand-new partner. On LinkedIn, Punnoose Mathew, the managing director of Joyalukkas Exchange, which is based in Dubai, stated that he met with Mark Johnson, William Cooley, and Nick Taplin at Ripple, which is referred to as «the leader in blockchain and crypto solutions for enterprises.» Matthew penned:

Joyalukkas Exchange Offers Fast and Easy Remittance to the Middle East

Joyalukkas Exchange is a subsidiary of the Joyalukkas Group, a global conglomerate worth multiple billions of dollars and a well-known jewelry trading brand. One of the leading providers of foreign exchange services in the region is the goal of the payment service provider. According to Joyalukkas Exchange’s website, they provide a wide range of remittance solutions to each customer and guarantee the best rates for cross-border payments. In order to accomplish this, the provider of payment services has formed a number of partnerships that make it possible for «quick and easy transfers to any part of the world at the best rates.» With the help of the instant money transfer service, money can be transferred in a matter of minutes by withdrawing it from an account or withdrawing it in cash from a variety of establishments in selected nations.

Western Union Partners with Joyalukkas Exchange to Offer XRP Payments

One of Western Union’s main agents is Joyalukkas Exchange. Customers can use it to send and receive money to over 200,000 agent locations around the world. Additionally, the service provider has collaborated with Transfast, Ezremit, and IME, three payment processors.

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