The money transfer operators InstaReM and BeeTech intend to open a new corridor for payments between Southeast Asia and Latin America, a Ripple. Both these companies were among the banks and payment systems in emerging markets, which recently signed a contract for the use of the products Ripple xCurrent and xVia API to send and receive payments in real-time across borders.

Agreement between InstaReM and BeeTech will allow customers Singapore operator to send payments in real time in South America. Users BeeTech will save money on instant payment via xVia in 60 markets supported by InstaReM around the world.

Possible, which gives us a Ripple, will allow us to offer our clients, including corporations and small businesses, quick and easy payments on the markets supported by BeeTech – said during the announcement co-founder and chief Executive officer InstaReM prajit the national Academy of Sciences.

The news came a day after the British monetary translator Currencies Direct has completed a successful test platform XRapid from using Ripple XRP, joining a small number of payment operators that use digital asset Ripple as an interim unit of account for fiat-to-fiat exchange.

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