i-payout, a payout platform for business, has entered into a partnership with Ripple, a provider of digital asset infrastructure for financial institutions, to strengthen cross-border payout solutions in North America.
Through the integration with Ripple Payments, customers can send enterprise payments from overseas directly to U.S. and Canadian beneficiaries. The system is designed to provide faster settlement, improved transparency, and scalable transaction capacity, supported by Ripple’s blockchain technology and network of payout partners.
The partnership targets businesses and platforms with global operations, including banks, payment service providers, and digital marketplaces. Use cases include merchant settlements, freelancer payments, and treasury disbursements, all requiring faster and more reliable cross-border transactions.
The service is currently live in the U.S. and Canada. Expansion is planned for 2025, including stablecoin-based payouts through RLUSD.
Image: Freepik
cryptonews.net