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RocketFuel integrates Ripple payments to boost global FIAT transactions

EditorRachael Rajan
Published 09/11/2023, 07:26 am
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Today, RocketFuel Inc., a purveyor of payment solutions through ACH bank transfers, Bitcoin, Stablecoins, and other cryptocurrencies, announced its partnership with Ripple. As part of the alliance, Ripple Payments will be integrated into RocketFuel's products to cater to the increasing demand for faster and more affordable FIAT payments worldwide.

The company's key offerings, including RocketFuel Pay-In Commerce, RocketFuel Mass Pay-Out, and RocketFuel Cross border B2B, will utilize Ripple Payments. Pay-In Commerce enables merchants to accept crypto and ACH payments both in-store and online. Mass Pay-Out simplifies the process of paying multiple customers globally using cryptocurrency or bank transfer. Cross border B2B assists businesses in sending large sums across borders using blockchain technologies and Stablecoins.

Peter Jensen, CEO of RocketFuel, is set to discuss these advancements at the Ripple Swell event in Dubai on November 8-9. Jensen believes that blockchain and cryptocurrency technologies can significantly improve cross-border money transfers. By capitalizing on Ripple's innovative payment solutions, RocketFuel aims to transform business transactions by offering superior, faster, and more economical payment experiences.

Brendan Berry, Ripple's Head of Payments Product, underscored the shared vision with RocketFuel to revolutionize the global value exchange using Bitcoin, other cryptocurrencies, and blockchain technology.

The success of RocketFuel's products is contingent on market acceptance and competition from existing or new products. The company's operations and future success are also subject to current and future government regulations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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