Stellar connects with ICICI Bank and offers cross-border payments in India

[Digitalbitcoin]

Open, non-profit payment protocol Stellar has partnered with four financial institutions to enable low-cost global money transfers to the Philippines and cross-border payments to and from India, Europe, Kenya, Ghana, and Nigeria.

The new partners are ICICI Bank, India's largest private sector bank by consolidated assets;

ICICI Bank​ is launching a pilot program on Stellar for cross-border payments without traditional wire fees. ICICI is also launching a mobile wallet application with a Stellar backend for its university and office campuses, which they will potentially roll out to their entire customer base.

User Can find more information about Stellar at https://www.mystellar.org

Users can also refer: https://www.mystellar.org/thread-49.html

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1679303238

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