New Partnership Could Benefit Ripple In Cross-Border Arena

Through its partner MoneyNetInternational (MoneyNetInt), Ripple has a new connection to PXP Financial as MoneyNetInt is now teaming up with PXP to process seamless and easy cross-border payments. This international payment service is for customers only in the US and EU.

As it says on MoneyNetInt’s website:

“We believe in borderless commerce, where businesses can efficiently conduct financial transactions in any currency, to any country with the convenience of local payments.”

The UK-based payment processor, PXP Financial and its new partnership with MoneyNetInt will provide all major global credit and debit card processing, as well as a wide range of alternative payment methods like vouchers, e-wallets and both online & offline banking. While significantly reducing operational costs and payment related processes.

PXP Financial says on their website:

“We are all about ambitious objectives within an open culture of communication. As a leading payments provider, PXP Financial sets standards of operational excellence, best-in-class service and dedicated client care, to help businesses thrive.”

Koen Vanpraet, CEO of PXP Financial, commented on the new connection and said:

“PXP Financial and MoneyNetint are extremely proud to be working together to create frictionless payment solutions for our respective customers as well as additional, innovative services. The future looks bright for our partnership; together, we want to help our clients to be able to accept credit cards for their online goods and services and utilize its acquiring services.”

Initially, PXP Financial was a merger between two established payment companies, PXP Solutions and Kalixa.

MoneyNetInt was created over ten years ago in 2014 and aims to help firms financially provide its clients with a multi-currency e-wallet associated with local bank accounts in the EU and US. It allows clients to send and receive money on an international scale, without being physically there.

The Business Development head at MoneyNetInt, Avi Starodubsky said:

“We at MoneyNetint have always prided ourselves on being bold and offering the most innovative and effective solutions for our customers, helping to reduce costs for businesses worldwide. We’re delighted to have joined forces with the team at PXP Financial, and to be working on our joint goal of providing seamless global payment services.”