One frictionless experience to send money globallyAcross a connected network of financial institutions and payment providers

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RippleNet is a decentralized global network of banks and payment providers using Ripple’s distributed financial technology, which provides real-time messaging, clearingand settlement of financial transactions.

Why Join RippleNet?

All of today’s pain points from the current global payments system – delays, limited transparency and high costs – stem from the lack of a single, global network.

RippleNet solves these pain points with a decentralized network of independent banks and payment providers – that connect through Ripple’s technology and standardized ruleset to send real-time, traceable payments around the world.

What Is RippleNet?

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New Revenue Opportunities

Provide on-demand and real-time payments products and services to retail and corporate customers

Lower Total Costs

Lower the total cost per transaction through efficient processing and lower liquidity requirements to send payments globally

Standardization

Offer a highly consistent payments experience to end users by utilizing Ripple's standardized technology, messaging and rules

Streamlined Legal Framework

Simplify transacting relationships via a single agreement across the fully decentralized network of banks – eliminating need to create inefficient bilateral agreements

Key Benefits

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For the first time in history, RippleNet connectsa diverse set of constituents of today's payments systems through a decentralized global network.To best support each of the constituent's rolesand needs, Ripple provides three products.

How RippleNet Works

Process paymentswith xCurrent

Source liquiditywith xRapid

Originate paymentswith xVia

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xCurrentProcess real-time payments

How it works

A standardized technology enabling the ability to message and settle transactions between banks with increased speed, transparency and efficiency.

Who uses it

Banks looking to process payments for originators and other banks to drive revenue by enhancing their customer servicing and acquisition.

Bank Bank

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xRapidSource on-demand liquidity

How it works

Access to an on-demand liquidity pool of digital assets that eliminates the need to hold nostro accounts in destination currencies.

Who uses it

Payment providers and banks looking to increase their payment volumes and global reach by sourcing on-demand liquidity.

Payout BankPayment Providers

Beneficiaries

XRP/MXNXRP/KRW

XRP/JPY

MXN

KRW

JPY

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xViaSend global payments witha single integration

How it works

A web services layer providing corporates with the ability to securely originate real-time payments with rich data attachments.

Who uses it

Various corporates, banks, payment providers and consumers looking to optimize their payments experience with their bank.

Originator BeneficiariesRippleNet

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RippleNet Advisory Board

Ripple actively consults its advisory board of industry leaders from global banks – across Transaction Banking, Digital Services and Cash Management – to provide governance and ensure that the rules and standards align with the needs of today’s banks and their customers.

Rulebook & Advisory Board

Common Rules for a Seamless Experience

As the world's first commercially operational blockchain network, RippleNet provides a consistent payments experience through the Rulebook, which encompasses a mutually agreed-upon set of payment rules and standards. The Rulebook delivers operational certainty and legal clarity for transactions over RippleNet. To join RippleNet, both members and users sign a Network Service Agreement and implement the rules and standards as outlined in the Rulebook.

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Banks around the world have partnered with Ripple to offer more efficient cross-border payment services to their customers and gain access to Ripple’s growing, global network of financial institutions and payment providers.

Sample of Ripple Customers

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Contact Us

To learn about joining RippleNet and leveraging xCurrent, xRapid or xVia for cross-border payments, please contact us at ripple.com/contact.

Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. With offices in San Francisco, New York, London, Sydney, Mumbai and Luxembourg, Ripple has more than 90 customers around the world.

About Ripple