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XRP Ledger-Based XRPayNet to Build Retail Payment System For 100s Of UAE Businesses

XRPayNet partners with top firms to enable UAE businesses to convert crypto payments to fiat.

XRPayNet, a payment solution built on XRP Ledger (XRPL), has partnered with three firms to allow hundreds of businesses in the United Arab Emirates (UAE) to help them build a retail payment system.

In a recent announcement, XRPayNet noted that its CEO Kristian Poliszczuk partnered with Dubai-based ChainTech Labs, BAPESCLAN, and Esposito Intellectual Enterprises, for the initiative.

“In the last 30 minutes, our CEO Kristian has signed contracts with @ChainTechLabs @bapesclan and @brianjesposito on agreed terms for a retail payment system for hundreds of stores across the UAE,” XRPayNet noted. 

(By Lele Jima)

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