In the Netherlands, a commercial showing a supposedly recently launched Western Union App which allows international transfers at no fees has emerged. According to some, Ripple (XRP) might be involved in this, reminding that Ripple net and Western Union reached a deal a few time ago.
However, all these are just rumors and nothing official has been released, yet, from Western Union or Ripple.
On the other hand, recently, an announcement has been made stating that Western Union and Grace Kennedy Money Services are working together to an online money transfer platform.
The announcement came after Ripple (XRP) and Western Union partnered up, the latter agreeing on testing Ripple’s XRapid and XRP for the future implementation of a faster and cheaper money transfer service.
The truth about the Western Union App – Ripple (XRP) is not involved
The recently released Western Union App is described as an international money transfer platform that permits people to send any amount they want at zero fees, practically, anywhere in the world, including countries such as Thailand, Columbia, Suriname, plus some countries in central Africa.
The app is available on Google Play Store and on App Store for iOS devices and allows users to send money to bank accounts or directly to Western Union’s agencies or partners across the world. And is available for a long time on mobile devices.
The fact that is now offering transfers at zero fees is just a special discount Western Union is offering to the app’s users until June 13th, 2018.
Ripple (XRP) is not involved in this new Western Union app. Until it is announced otherwise, this is what we know, so far.
Ripple (XRP) and Western Union
Indeed, Ripple (XRP) and Western Union have signed a partnership.
Western Union decided to test XRapid and XRP for faster and cheaper transactions and to reduce liquidity costs. In fact, XRapid is “minimizing liquidity costs while improving their customer experience.”
However, nothing else has been announced since the agreement between the two parties has been signed.
In conclusion, it seems that Ripple (XRP) is not involved in the new Western Union app launched in the Netherlands.