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Ripple Joins Forces with Zand Bank and Mamo to Transform Cross-Border Payments in UAE


Ripple Joins Forces with Zand Bank and Mamo to Transform Cross-Border Payments in UAE

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  • Ripple partners with Zand Bank and Mamo to expand cross-border payments in the UAE.
  • The DFSA license allows Ripple to offer 24/7 cross-border payments with faster settlements.
  • Zand Bank and Mamo leverage Ripple’s blockchain technology to streamline global payments.

Ripple has partnered with Zand Bank and Mamo in the United Arab Emirates. The new alliance enables Ripple to expand its global reach for cross-border payments. Ripple Payments uses blockchain technology and digital assets to ensure quick, safe, and clear cross-border transactions. This solution benefits banks, crypto companies, and fintech all around the globe.

In March 2025, the Dubai Financial Services Authority (DFSA) authorized the platform with a license, becoming the first payment provider to obtain this certification. The platform can now offer all the necessary services to clients, enabling payments around the globe. Using Ripple, users can send money anywhere in the world, and these transactions are settled quickly and efficiently.

Zand Bank and Mamo Integrate Ripple’s Technology

Zand Bank and Mamo have signed up to use Ripple’s cross-border payment technology. Because of its D…

The post Ripple Joins Forces with Zand Bank and Mamo to Transform Cross-Border Payments in UAE appeared first on Coin Edition.

Read the article at CoinEdition

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