Ripple Partner Tranglo Expands Reigns in Abu Dhabi via Lulu Partnership
Traditional payment methods are getting obsolete with every passing day. Post the collapse of several major banks in the U.S., customers’ confidence in the system was dented. As a result, On-Demand Liquidity [ODL] and crypto payment service providers are being looked upon as content-worthy alternatives. According to a recent research report sent to Watcher Guru by crypto payment ecosystem CoinsPaid, “ The share of crypto payments, if accepted by the merchant, averages up to 22%. The potential average turnover attributable to crypto payments is $440,000 per month. “ Even though users have started gravitating towards the DeFi-side of the spectrum, there are several hindrances that still persist. Volatility, blockchain fees, the complex payment maintenance process, and a non-automated reporting system are just to name a few. Even so, several companies from the space are striving to make the fund transfer process simpler for users. Ripple partner Tranglo tied up with Lulu ...