Visa bought a payment network using the Ripple protocol for $ 250 million

Visa acquired the EarthPort PLC British payment network, which helps financial organizations and banks integrate the Ripple protocol to optimize international transactions.

Reuters

For this, the company has developed a separate application programming interface (API), which allows the use of Ripple ecosystem for processing international transactions. Tools in the blockchain help banks overcome budget, technological and regulatory limitations. EarthPort offers various payment methods in more than 200 countries.

Although Visa.