The Rapids Cryptocurrency Project Partners with XOV in Social Media Payments Deal
The Rapids network is partnering with XOV, the blockchain finance and banking project. Through the XOV Smart Digital Payments Division, Slipstream, XOV will help provide an easy to use crypto payment services for Social Media
The Rapids network aims to embed itself inside social media platforms to allow people to send and receive money easily, without worrying about complicated wallet address formats. As part of this deal, XOV have agreed to provide a digital payments service to Rapids using a new Smart Payments product, Slipstream, to support the processing of transactions including conversion to native currencies using their gold-plated Swiss bank partner.
XOV is developing a full decentralised finance and banking network to include a stable digital currency and digital payments division and is expanding its strategic partnership base to reach the general population. Rapids are expecting to launch their product later this year with payment integration being achieved in Q4 2019/Q1 2020.
David Alexander-Knowles, CEO at XOV stated, "I am pleased and excited about our first payments partnership and being able to offer Rapids a quality and robust service to make digital payments a reality in social media contexts".
When asked about the partnership, Corey Strong, CEO at Rapids commented, "I am thrilled with the partnership between Rapids and XOV, I look forward to working with their team in the future to provide Rapids with a merchant payment system and to help XOV grow and expand".
Both projects have their own currency (XOV and RPD) available to purchase.
For further information about XOV and their Smart Digital Payments Division, Slipstream, visit https://XOV.io.
To find out how Rapids are facilitating the sharing of Rapids cryptocurrency through Web Browser and Social Media-enabled Widgets visit https://rapidsnetwork.io.
XOV CEO, Mr David Alexander-Knowles