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