$XRP CryptoComeback American pharmaceutical company integrates XRP into payment system
Wellgistics Health (WGRX) - a pharmaceutical distribution company in Florida will integrate XRP as a payment method and reserve asset, supported by a $50M credit line.
XRP will be used for:
- Payments between pharmacies, suppliers, and manufacturers.
- Managing payments and extending credit limits.
- Tracking refunds from manufacturers and ensuring a transparent process, compliant with regulations thanks to the technology of XRP Ledger.
Wellgistics is confident that the integration of XRP will help reduce costs, eliminate bank delays (only 3–5 seconds instead of 1-3 days like traditional transfers), as well as international payments with lower fees for the company.