Ripple partners with Lunu

On its official website, Ripple announced that it has entered into a partnership with Lunu.

On its official website, Ripple announced in a new article that it has entered into a partnership with Lunu. The announcement was as follows:

Luxury retail shoppers will soon be able to make in-store and online purchases with crypto thanks to Lunu’s newest partnership with Ripple. Lunu’s point of sale (POS) terminal and online widget enable luxury retailers in the UK and Europe to accept crypto as a payment method. And as the leader in crypto solutions for business with more than ten years of experience working with financial institutions, Ripple is well equipped to bring crypto solutions to this high-end retail sector through Liquidity Hub.

Ripple’s Liquidity Hub will allow enterprises to source digital assets at the best prices across multiple venues using a single, streamlined API. With more than a decade of information gathered working at the intersection of the finance and tech industries, Ripple deeply understands the value that crypto can offer enterprises and their end users.

By providing a simple, efficient experience to onboard crypto solutions into product offerings, enterprises big and small will have the opportunity to source and leverage crypto for their business.

Rajesh Madhaiyan, Director of Product at Lunu commented:

For luxury retailers, it is vital to stay on top of the latest trends, and when it comes to payments the greatest innovation is coming from the evolving crypto scene. Thanks to Lunu these retailers get access to new, younger, more affluent audiences that are constantly growing in numbers. Our partnership with Ripple has the potential to greatly impact retailers’ customer service offerings by expanding the variety of payment methods and by portraying retailers.