<span data-preserver-spaces="true">To improve its cross-border treasury flow, I-Remit, a non-bank supplier of remittance services with headquarters in the Philippines, has stated that it has increased its use of Ripple's On-Demand Liquidity (ODL) product. </span><span data-preserver-spaces="true">I-Remit, one of OLD's early users, has reportedly been using the payment system to send money across borders in real-time to the Philippines since 2018.</span>

https://twitter.com/Ripple/status/1572414547084062722

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<h2><span data-preserver-spaces="true">I-Remit  Expanding Use of ODL</span></h2>
<span data-preserver-spaces="true">I-Remit decided to increase its use of ODL after adopting Ripple's ODL in 2018 and seeing firsthand the potential of the payment solution to become one of the most well-known remittance destinations globally. </span><span data-preserver-spaces="true">To assist partners in accelerating their business performance and scaling across a worldwide network, RippleNet uses blockchain technology. It offers a superior end-user experience, streamlined network partnering, tools for managing liquidity, lines of credit, and cutting-edge technology to support real-time payments.</span>

<span data-preserver-spaces="true">I-Remit joins a growing list of businesses reaping the rewards of ODL for their operations and clients, including FOMO Pay, Novatti, FlashFX, Tranglo, SBI Remit, Pyypl, and more.</span>
<h2><span data-preserver-spaces="true">I-Remit: A New Use Case for the ODL of Ripple</span></h2>
<span data-preserver-spaces="true">I-Remit will, this time, enhance its internal treasury administration to achieve optimum efficiency using the ODL solution. Notably, internal treasury payments under the traditional banking system confront the same difficulty as cross-border settlements. </span><span data-preserver-spaces="true">I-Remit may continue to access liquidity to satisfy its financial needs by using ODL for treasury payments, enabling settlements to occur on the same day. The notice also states that the money needed to establish destination accounts can be used to expand the business operations in its foreign affiliates.</span>

 Ripple Partners with I-Remit Philippines To Expand ODL Use

I-Remit, a non-bank supplier of remittance services with headquarters in the Philippines, has stated that it has increased its use of Ripple's On-Demand Liquidity (ODL) product.

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Ripple Partners with I-Remit Philippines To Expand ODL Use

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