Azimo uses On-Demand Liquidity for faster international payments into the Philippines.
“Ripple’s ODL solution has significantly reduced the cost and delivery time for cross-border transfers, and our customers are seeing the benefits”
Richard Ambrose, CEO of Azimo
Free Up Working Capital and Get Ahead of the Competition
Pre-funding accounts in destination markets ties up capital that you could put to work growing your business.
Through the On-Demand Liquidity (ODL) service, RippleNet leverages the digital asset XRP as a bridge between two currencies, allowing you to eliminate pre-funding of destination accounts, reduce operational costs and unlock capital.
RippleNet’s security capabilities are SOC 2 certified. System and Organization Controls 2 (SOC 2) are a set of internal control reports which ensure service organizations have the appropriate processes in place for secure data management and processing.
Source: Ripple.com