Ripple Partners Chipper Cash for Cross-Border Payments in Africa

Ripple, a leading provider of digital asset infrastructure, has partnered with African payment giant Chipper Cash to boost cross-border payments across the continent.

According to the announcement made on March 27, this partnership will integrate Ripple Payments into Chipper Cash’s platform, enabling faster, cheaper, and more efficient transactions.

This partnership isn’t Ripple’s first move in Africa. Last year, it partnered with Onafriq, an African Fintech firm and card issuance company, to enhance card-based payments.

Ripple Drives Blockchain Expansion

Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, emphasized the growing adoption of blockchain in Africa.

“Consumers and businesses across the continent are increasingly recognizing the potential of blockchain technology,” he said. “By integrating our technology into Chipper Cash’s platform, we enable faster, more affordable cross-border payments while driving economic growth and innovation.”

The partnership is a key milestone for Ripple in its quest to expand its services worldwide into Africa and Asia. It is also good news for Chipper Cash’s five million customers across nine African countries. Their customers will leverage Ripple’s crypto-enabled payments to streamline remittances.

Enhancing Financial Inclusion Across Africa

According to Chipper Cash CEO Ham Serunjogi, crypto-powered payments are a game-changer for Africa’s financial landscape.

“Crypto-enabled payments can enable greater financial inclusion, accelerate access to global markets, and empower businesses and individuals across Africa,” Serunjogi said. He also added that the partnership will allow more Africans to harness the transformative potential of blockchain technology.

Africa’s financial services revenue is projected to hit $230 million, and remittance inflows into the continent are expected to exceed $100 billion in 2025. With this information, Ripple (XRP) is positioning itself at the forefront of the region’s expanding digital payments sector.

This deal is just one of Ripple’s recent successes. The platform secured a Dubai license two weeks ago to offer crypto-powered payments in the UAE. The company recently recorded a legal victory against the U.S. Securities and Exchange Commission (SEC), strengthening its position in the global payments market.

With over 60 regulatory licenses worldwide and $70 billion in processed volume, Ripple continues to lead the charge in blockchain-based financial solutions.