Resona Bank has announced that it will discontinue collaboration with Money Transfer, an interpersonal transfer application developed by SBI Ripple Asia (SBI Ripple Asia).
The cooperation discontinuance date is May 13 (Monday), and Resona Bank is currently listed on the official website of MoneyTap as a “service-enabled bank”. The reason for the termination of collaboration has not been published at all.
Official statement screenshot
MoneyTap is an interpersonal remittance application that SBI Ripple Asia announced its development at the end of last year. Originally, Sumitomo SBI Net Bank, Suruga Bank, and Resona Bank were supposed to support the service.
The app leverages Ripple’s xCurrent and enables instant remittances between accounts 24 hours a day, 7 days a week. In addition, it has a function that you can transfer money to the other party from the phone number or QR code.
Article Source: Resona Bank
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Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/resona-to-cancel-moneytap-cooperation/
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