Axis Bank Launches Blockchain-based International Payment Service

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Axis Bank Launches Blockchain-based International Payment Service
Axis Bank Launches Blockchain-based International Payment Service

Private sector lender Axis Bank has launched an instant international payment services using Rippleā€™s enterprise blockchain technology solution for retail and corporate customers.

Though an international offer, the bank is offering the facility only to its retail customers in the country to receive payments from the UAE-based Rak Bank and for its corporate customers to receive payments from Standard Chartered, Singapore.