MoneyNetint, the payment service provider connecting SMEs to the world’s banking ecosystem, today announces a unique service that slashes the cost of doing business with Brazil and creates a level playing field for SMEs expanding into this major developing market. Crypto News Video by crypto Eri.
Under the new partnership, Banco Rendimento will distribute payments from companies to local Brazilian businesses and individuals made through MoneyNetint. The partnership is based on RippleNet’s platform, enabling financial institutions to connect through secure and highly reliable blockchain-based infrastructure, resulting in a seamless transaction flow and lower fees for end customers. Brazil, traditionally considered a complex market to enter, is now accessible using state of the art technology.
