In a significant development for cross-border payments, global payout platform i-payout has announced a strategic partnership with Ripple Payments to enhance its service offerings. The collaboration, announced in March 2026, aims to enable real-time cross-border payouts into the United States and Canada, dramatically reducing settlement times from days to seconds.
The integration of Ripple Payments technology into i-payout's platform is designed to address persistent inefficiencies in traditional cross-border transactions. According to the companies, the main goals are to "enable fast, transparent cross-border payouts" while "reducing settlement delays and minimizing working capital requirements for global platforms." i-payout will leverage Ripple's enterprise-grade digital asset infrastructure to accelerate settlement, improve payment transparency, and support high-volume cross-border payout flows.
Eddie Gonzalez, President of i-payout, emphasized the strategic importance of the partnership, stating: "The digital marketplace is important to the future, and Ripple is the right partner to take us there." Before implementing Ripple's technology, cross-border payments into North America through i-payout could take multiple days to complete, tying up working capital and limiting how quickly platforms could deliver funds to users.
The technical workflow involves i-payout's system converting fiat currency into XRP via a liquidity provider, sending the XRP over the XRP Ledger to a partner institution in the destination country, and having the receiving partner instantly convert the XRP into local fiat currency for the end recipient. This process bypasses traditional correspondent banking chains, reducing both time and cost associated with currency exchange and settlement.
This partnership follows other recent developments from Ripple, including plans to secure an Australian Financial Services License to expand its payments offering in Australia, and a share buyback program to repurchase up to $750 million in shares from employees and investors, which reportedly values the company at approximately $50 billion.
