Remittix Tests PayFi with EUR and USD Transfers for Invited Holders
Remittix is rolling out an early version of its PayFi service to 1,000 invited RTX holders ahead of its planned November 24 debut. The service aims to integrate a wallet, markets trading, and bank payouts into one app, with initial testing focused on EUR and USD transfers. The company hopes that if these initial users return frequently to receive crypto payments, the RTX token could evolve into a key player in recurring payments.
XRP, which is trading near $1.50, has long been associated with payments, and Ripple's cross-border payment offerings provide a concrete business area for investors to follow. The broader market demand and interest in digital settlement could push XRP back to $3, though this would require roughly a doubling in price.
Remittix PayFi is designed to accept supported crypto and deliver fiat through compatible bank routes. The project has reported over 10,000 iOS wallet downloads and more than $50 million in cumulative Markets trading volume. The company has raised over $32 million toward its $36 million cap, with a final presale tier priced at $0.46.
Additionally, Remittix's Earn service is approaching release, offering up to 22% APY on eligible assets, which could encourage users to keep funds within the ecosystem. The company is monitoring the first customer experience before a wider exchange audience arrives, with the goal of turning payments into a habit for users.