Another good news for companies looking to invest in Ripple Blockchain. MoneyMatch, a Malaysian FinTech company has successfully made the first ever blockchain based cross-border payment, from Malaysia to Europe, using Ripple’s xVia, recently. This initiative surfaced after four months of the company’s collaboration with Ripple Blockchain.

Users can send money from one point of the world to another in a matter of a second through xVia. This will reduce the need of any third parties. Hence, the platform is cost-effective, as per the report.

This is a great achievement for the Ripple Blockchain, as it focuses on providing a feasible way for money transfers globally. Hence, the use of xVia for the money transfer has gathered more investors for Ripple.

Adrian Yap, CEO of MoneyMatch also shared his views on this recent achievement. He said that the company is excited for being able to integrate Ripple into their network. This initiative will surely provide a legitimate way for money transfer, says Yap.

Ripple’s xVia is specifically designed for firms who want to send money across various networks using a standard interface. Besides this, invoices are also attachable with the payment status. Moreover, the platform doesn’t need any third party app installation for API access.