• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Altcoin News / Ripple’s XRP attracts a top European payment service provider EquensWorldline
Ripple XRP

Ripple’s XRP attracts a top European payment service provider EquensWorldline

August 2, 2019 by Muhammad Ali Hassan

The demand for Ripple’s XRP  seems to incline as more and more financial systems across the world adopt Ripple’s technology. The significance of Ripple’s service is sublime, which provides you with a faster and secure way to make cross-border transactions on a daily bases.

Equens: A Major European Payment Platform

EquensWorldline.com is the first-ever pan-European payment system that was established back in 2006. As an outcome of amalgamation between one of Europe’s top payment networks; the Dutch Interpay Nederland B.V., and Germany’s Transaktionsinstitut für Zahlungsverkehrsdienstleistungen AG, Equens network came into begin.

Significant Dutch, German, and Italian banks hold the share of Equens. Germany’s DZ bank holds 31.1% share, Italy’s Istituto bank holds a 20% share. Dutch banks; ABN AMRO holds 18.4% share, ING holds a 15.4% share, and Rabobank holds 15.2% share.

ING and Rabobank of Netherland are already in collaboration with Ripple, and Germany’s DZ bank has a subsidiary working with Ripple. So, the majority of the shareholders of Equens are partners with Ripple in some way. This makes it really interesting that a couple of banks are already working with Ripple.

Some of the key facts that show the significance of EquensWorldline network is that more than 320 financial institutions are using its services across Europe. Over 13 billion payment and 11 billion card transactions are processed each year by the payment service provider in question.

Equens Interested in Ripple’s XRP

On Aug 1, one of the XRP’s community member ‘stuart_xrp’ from Twitter tweeted regarding equensWorldline that the European payment service provider wants to use Ripple’s XRP for the cross-border services. However, Stuart tweeted:

https://twitter.com/stuart_xrp/status/1156698186473517057

Also, the Twitter user added that equensWorldline follow Ripple on Twitter. The document discovered from Equens shows that European payment provider had all praise for Ripple’s XRP and they are willing to utilize its services.

The document stated that with the innovation of blockchain technology, it has become possible to complete transactions that once took 5-6 months. Moreover, Ripple got eulogized as the document expressed that banks embrace Ripple and move beyond testing to real-world transactions.

Though the document was published some two years ago, the main thing is that EquensWorldline applauded the idea of using XRP.

However, the XRP community is in a state of FUD as the document carries some spelling error – where instead of ‘Central’ it was written ‘Cental’ at the top of the document. In spite of the grammatical mistakes, stuart_xrp claimed it to be a piece of authentic news and presented with a licit source.

More and more institutions are relying on Ripple services, and things seem to fall in the court of Ripple’s XRP this time around, too, which is good for a reason.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Blockchain, Ripple (XRP)

Primary Sidebar

Recent Posts

  • 6 Underrated Projects Analysts Say Are the Best Altcoins to Buy This Week May 15, 2025
  • Ethereum on the Brink of a Major Rally: Can ETH Reach $4,201 in the Coming Weeks? May 15, 2025
  • Solana Price Prediction: $250 Next Before New Highs – Investors Watch RTX For Impending Price Rise May 15, 2025
  • If Dogecoin Price Holds $0.20 We Could See $0.50 In The Next 14 Days, This Penny Crypto Is Set To Follow May 15, 2025
  • Bitcoin’s $2.05T Market Cap Breakdown: Who Holds the Most BTC? May 15, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.