The corporation in the back of the XRP token, ripple, partner of MoneyGram will enlarge their remittance offerings into india joined hands with EbixCash.
Ebixcash, it is a indian firm that is in partnership with moneygram that will help the money transfer agency, to extend services to the Asian giant country.
The company that tied hands with MoneyGram it's a subsidiary of Nasdaq listed Ebix and may be the one-of-a-kind accomplice in india.
Ripple funded the moneygram with $50 million and will help in blockchain-based Remittance offerings.
Ripple lately is Investing a number of cash to enlarge their payment system to extra places worldwide and were given a funding of $200 million on the way to assist the expansion.