“Our customers really expect seamless, connected service,” Molly Shea. Western Union is currently piloting settlement tests using Ripple for various corridors. One of the world’s leading payments providers, Western Union says that it is working on cryptocurrency gateways and other related corridors. The Asia Pacific manager, Molly Shea in a recent interview with Analyse Asia said that customers demand a higher level of efficiency in the digital age which means that payment providers have to do everything within their power to stay ahead of the game. “Our customers really expect seamless, connected service. Not just fast. They’re expecting everything to be as fast as what they’re getting with all the other digital apps they have. So we’ve got to be able to stay ahead of that and foresee what their expectations are going to be and drive the remittance market to that, as their needs have and as wallets have been evolving.” Shea said that as far as cryptocurrencies are concerned, Western Union has to be ready for when they begin to take off. The firm must be prepared in terms of the technology as well as the regulatory aspect. The manager went ahead to confirm that Western Union is still on track with trials on Ripple’s payment solutions. At the moment, the firm is exploring xRapid, a blockchain solution by Ripple that uses XRP as the base digital asset. “As some examples, we’re piloting some settlement tests with Ripple for certain corridors. I think the US dollar and Mexican peso is one example. And really learning about possible opportunities. The options that we choose will need to be legitimate and widely acceptable for consumer use.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US Small Business Optimism Index: Optimism fades, but still high – Wells Fargo FX Street 3 years "Our customers really expect seamless, connected service," Molly Shea. Western Union is currently piloting settlement tests using Ripple for various corridors. One of the world's leading payments providers, Western Union says that it is working on cryptocurrency gateways and other related corridors. The Asia Pacific manager, Molly Shea in a recent interview with Analyse Asia said that customers demand a higher level of efficiency in the digital age which means that payment providers have to do everything within their power to stay ahead of the game. "Our customers really expect seamless, connected service. Not just fast. They're expecting everything to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.