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Wellgistics Health will integrate XRP into its payment infrastructure

The company highlighted the speed and low cost of using XRP and related technologies in its network for medical service provider payments.

Wellgistics Health, a healthcare infrastructure company, will integrate XRP

XRP

€2.12

and related technologies into its payment network to streamline transactions between pharmacies, medical providers, and prescription drug manufacturers, as announced by the company on May 8.

Wellgistics cited the transaction finality time of XRP and the reduced transaction costs, which are fractions of a cent, compared to legacy financial architecture such as automated clearing house (ACH) payments or bank transfers, as reasons for using XRP. Brian Norton, CEO of Wellgistics Health, said in the announcement:

"I believe that the future winners in healthcare will not be the companies with the largest buildings, but those with the fastest rails, the cleanest data, and the most efficient platforms. We bet on infrastructure, not inertia."