Global Cloud Firm Spotlights Ripple as Game-Changer for Payment Service

Volante Technologies acknowledges Ripple game-changing potential for Payment Service Providers at an EBAday event, boosting cross-border payments.

Volante Technologies, a trusted cloud payments partner known for empowering financial businesses to innovate rapidly, affirmed that Ripple presents a significant opportunity for Payment Service Providers (PSPs). 

This endorsement came during an EBADay event, where Vinay Prabhakar, Chief Marketing Officer at Volante Technologies, discussed the advantages of cloud payment processing and cited Ripple as a key player. 

Recall that, most recently, The Crypto Basic disclosed the International Monetary Fund’s (IMF) acknowledgment of Ripple and XRP as key entities in revolutionizing cross-border payment services. 

Notably, the endorsement by Volante Technologies was recently shared with the crypto community by a pseudonymous yet influential XRP community member.

volantetech states that Ripple and CGI offer a win for Payment Service Providers.#follow #ripple pic.twitter.com/BwNjYdqvQS

— Mr. Man (@MrManXRP) June 27, 2023

In a tweet, the influencer attached a video snippet from an EBAday event featuring the Volante Technologies representative elaborating on the transformative potential of Ripple and GPI (Global Payments Innovation) for PSPs. 

EBAday

EBAday, the premier gathering for payments and transaction banking executives, is organized by the Euro Banking Association (EBA) in conjunction with local service providers. It attracts registrations from top-tier banks globally.

The EBAday event, which attracts industry leaders and banking executives, is a platform for discussing emerging trends and advancements in the payments and transaction banking landscape. 

The presence of top European and global banks further underscores the significance of the discussions, including the growing recognition of Ripple and GPI as game-changing solutions for Payment Service Providers.

Volante Technologies is one of the prominent leading global companies that occasionally grace the event.

Notably, as highlighted by Volante Technologies, cloud payment processing has been a critical driver of innovation and flexibility for financial institutions in cutting costs. Using Ripple’s technology and GPI promises to bring even more opportunities for PSPs. 

As the financial industry evolves, Ripple’s solutions to cross-border payment services have gotten recognition from many central banks worldwide, as reports from The Crypto Basic show.