$XRP US 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, manufacturers.
- Managing payments and granting credit limits.
- Tracking refunds from manufacturers and ensuring a transparent process, compliant with regulations thanks to XRP Ledger technology.
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.