Ripple & Chipper Cash: The Unholy Alliance That Will Change Africa’s Payments Landscape Forever
šØšø Ripple & Chipper Cash: The Unholy Alliance That Will Change Africa’s Payments Landscape Forever š
As the sun rises over the savannah, a peculiar union is brewing. Ripple, the crypto giant, has joined forces with Chipper Cash, the payments app that’s been making waves across Africa. Together, they’re conjuring up a storm that will make sending money across borders as easy as sipping a cold beer on a hot day šŗ.
Africaās payments landscape is evolvingāand crypto-enabled transactions are at the center. š @chippercashapp and Ripple are teaming up to enable faster, more cost-effective cross-border payments into Africa using Ripple Payments.
ā Ripple (@Ripple) March 27, 2025
Sending money across African borders has always been a tedious affair. Banks are like the in-laws who never leave ā they drag their feet, slap on exorbitant fees, and turn it into a nightmare. But fear not, dear Africans, for Ripple and Chipper Cash are here to sort it out. With their unholy alliance, Chipper Cash users can now move money between countries faster than a cheetah on a pogo stick šÆ ā no delays, no crazy charges.
For Ripple, this is a monumental move as it continues to expand its tentacles in Africa. The company first set foot in the region in 2023 through Onafriq, and this latest deal takes things to the next level. Reece Merrick, Rippleās Managing Director for the Middle East and Africa, called the partnership a major milestone. He said Ripple has spent over a decade working on blockchain solutions for cross-border payments, and teaming up with Chipper Cash is the next logical step ā or so he claims š¤.
Rippleās digital asset system is designed to be as secure as a Swiss bank vault and as reliable as a sunrise over the Serengeti. With Ripple Payments, they operate in over 90 markets, processing more than $70 billion in transactions and tapping into 90% of the worldās daily foreign exchange markets ā a feat that’s almost as impressive as a lion’s roar š¦.
On Chipper Cashās side, the goal is simple ā to make financial transactions as easy as breathing. CEO and co-founder Ham Serunjogi believes crypto payments can help businesses and individuals tap into global markets without barriers ā or so he hopes š¤. Faster transfers and lower costs are at the heart of this collaboration, and both companies see it as a game-changer for payments in Africa ā or so they claim š¤.
This deal also comes at a time when Ripple is finally moving past its legal troubles with the SEC. Ripple just finished its drawn-out legal tussle with the SEC, settling for a $125 million penalty ā a small price to pay for the freedom to continue its crypto crusade. Now that itās over, the company is zeroing in on growing its payment services globally ā and what better way to do it than by joining forces with Chipper Cash? š¤·āāļø
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2025-03-27 13:09