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Intermex Is Not Using Ripple for Its Mexican Remittances

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Intermex Is Not Using Ripple for Its Mexican RemittancesIntermex Is Not Using Ripple for Its Mexican Remittances

In its March earnings call, U.S.-Latin American remittance provider, Intermex, revealed that it will not be using (XRP)’s technology in its major markets. Intermex chief executive Robert Lisv explained:

Ripple announced its partnership with Intermex on Feb. 5, with its press release emphasizing that the deal would “enabl[e] faster cross-border payments between the U.S. and Mexico.”

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