RippleNet Members: TransferGo Partners with Visa, While Nium Joins Forces with Neobank Unifimoney

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Wed, 10/21/2020 - 13:46
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Yuri Molchan
RippleNet member TransferGo has partnered with Visa giant to implement seamless transfers on its cards, while Ripple-friendly Nium teams up with neobank Unifimoney in SF
RippleNet Members: TransferGo Partners with Visa, While Nium Joins Forces with Neobank Unifimoney
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Major RippleNet members keep signing new partnership deals to spread Ripple technology adoption and improve their own tech performance.

RippleNet member TransferGo has partnered with the Visa payment giant, while Singapore-based fintech Nium has inked a deal with Neobank Unifimoney located in San Francisco.

TransferGo joins forces with Visa Direct

Payments operator TransferGo, which teamed up with Ripple in 2018, has partnered with the global payments behemoth Visa to allow it to improve real-time money wires on the bank cards of Visa customers.

TransferGo's service will be enforced with Visa DirectVisa's platform for real-time push paymentsand, thus, customers will be able to send payments in a faster and more secure manner directly to a bank card.

They will not need to use online banking or IBAN to do that.

TransferGo operates globally, working in over thirty countries, including Europe, Russia and other former Soviet countries.

This partnership with Visa may help the company expand to 178 countries in total in the future, adding such locations as the U.K., Nigeria and Italy, among others.

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Nium picked up by Neobank Unifimoney from SF

Global Banking Finance and PR Newswire have reported that the global fintech Nium has struck a deal with the Unifimoney neobank based in San Francisco to provide improved funds transfer services to the bank's customers.

This partnership will allow Unifimoney to improve its cash wiring service and allow its customers to make real-time payments globally.

A neobank is a bank that operates fully online with no physical office. Now that the payments industry is going digital fastspurred by the recent lockdown caused by the COVID-19 pandemic, more such banks have begun to appear.

Nium will also enhance the neobank's solution for automated money management via spending, saving and investing.

Nium will enable customers of Unifimoney to transfer cash abroad to crucial corridors in Europe and Asia for greatly reduced commission fees compared to what banks usually charge.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.