Thursday, November 26, 2020

BeeTech and Remessa Online use Ripple to Improve Global Payments in Brazil#SwellbyRipple

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More than three million Brazilians live abroad, almost one million foreigners live in Brazil and roughly 200,000 businesses have headquarters in the country—amounting to $1.5 trillion in global payment transactions to and from Brazil, in 2018.

Yet, the process to send money in this region—and globally—is expensive and slow. In partnership with Ripple, BeeTech is on a mission to change this. The company is using RippleNet payment technology to revolutionize the customer experience and streamline how Brazil connects with the rest of the world.

BeeTech’s Co-Founder and CSO Alexandre C.R. Liuzzi shares how the company is changing cross-border payments for the better, a move impacting millions of Brazilians.

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