Cambridge Global Payments — a subsidiary of FLEETCOR Technologies and a leading global provider of commercial payment solutions — is launching a pilot program to use XRP in cross-border payment flows through xRapid.

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Cambridge currently has over 13,000 clients around the world and handles $20 billion in international transactions annually. Incorporating XRP in those flows will provide their clients with a cross-border payments experience that is significantly faster, cheaper and more transparent.

Cambridge joins five major financial institutions who have publicly announced that they are piloting xRapid, including Cuallix, MoneyGram, IDT Corporation, Mercury FX and Western Union.