A shock wave was sent through the digital currency community yesterday when news broke about the partnership between Western Union and Ripple. With Bitcoin remittance solutions popping up left, right and center, it was only a matter of time until one of the dominant players in the market decided to do something about it. But, why the choice of Ripple?
Ripple & ZipZap Take on Western Union
At the beginning of October in 2014, Ripple Labs Inc. expanded the distribution of their digital currency Ripple (XRP) and money transfer software by partnering up with ZipZap Inc. For those of you who have never heard of ZipZap Inc., the company has created a cash transaction network and decided to open it up to alternate payment methods.