Members of the Ripple Labs Inc community are losing patience with the company as many perceive its payment technology is not evolving in the best possible ways. In one of its earliest posts of the year, the American payments firm reiterated its commitment to enhancing financial innovation and demonstrated how IT service businesses can leverage its technology for advancement. In the post, Ripple Labs detailed three key ways IT businesses can use its payment solutions. These include streamlining vendor payments, as merchants need a system that can function around the clock irrespective of time zone differences; instant payment settlements that are done more cheaply and improving transparency in general.
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