Wellgistics Health Launches XRP Payments For US Pharmacies
Wellgistics Health Inc (NASDAQ: WGRX), the leading independent pharmacy distributor, announced on Wednesday the launch of an XRP payment program for pharmacies across the US. The new program will enable pharmacies to make payments leveraging blockchain technology in collaboration with Ripple Labs. The medical pharmacy industry usually takes days to settle invoices through the traditional method of bank transfers. With the help of blockchain technology, Ripple will power Wellgistics Health to settle payments in seconds through XRP transfers. Ripple will handle onboarding, transactions, and reporting, making payments faster with lower transactional fees. Wellgistics Health serves over 6,500 independent pharmacies under its wing, with an additional 200 medicine manufacturers. Also Read: $29 XRP Price Possible? Here’s When It Could Get There “Independent pharmacy owners are far more forward-thinking than many realize,” said Brian Norton, CEO of Wellgistics Health. “They s...