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- Wellgistics Health launches XRP-based payment program for pharmacies.
- Independent pharmacies gain faster, cheaper, and transparent transactions.
- Expansion is planned for manufacturers and direct-to-patient services.
Wellgistics Health, Inc. (NASDAQ: WGRX) announced a new step in healthcare payments. The company launched its Ripple Labs-powered XRP Implementation Program, offering independent pharmacies access to blockchain-based transactions for the first time.
The initiative allows pharmacies to move money instantly, reduce fees, and avoid delays tied to traditional banking networks. It also eliminates reliance on credit card systems, giving pharmacies direct payment access with full transparency. The program represents one of the first big uses of blockchain payments in the U.S. healthcare sector.
Wellgistics Health already serves more than 6,500 independent pharmacies and over 200 manufacturers nationwide. This reach positions the company to accelerate adoption across the industry. Pharmacies can join the beta phase through the company’s website.
Lower Fees Help Pharmacies Cut Processing Costs
The XRP Implementation Program brings several advantages to small and mid-sized pharmacies. Transactions settle in seconds instead of days. Lower fees help owners avoid credit card charges and bank processing costs. Real-time tracking allows pharmacy operators to view and confirm payments instantly.
The system also runs around the clock. Pharmacies no longer face delays from weekends or holidays. Faster access to working capital means quicker inventory restock and stronger cash flow. Direct payments between pharmacies and distributors remove unnecessary intermediaries, keeping processes simple.
By combining with RxERP, a serialized pharmaceutical eCommerce and ERP system, the program provides secure onboarding, transaction management, and reporting. The design ensures transparency while maintaining full compliance with healthcare and financial standards.
Wellgistics Expands XRP Program with Strong Security Focus
Wellgistics designed the XRP Program to align with HIPAA and anti-money laundering requirements. Security and privacy remain central, with encrypted, traceable transactions protecting sensitive patient and financial data.
The next stage will bring manufacturers onto the platform. This step opens the door for direct, blockchain-based payments between producers and pharmacies. Beyond that, Wellgistics plans to launch Direct-to-Patient programs.
Under this model, manufacturers can send medications directly to patients while still working with prescribing physicians and community pharmacies to ensure safe and compliant care. The company sees blockchain as more than a tool for payment speed. Its broader vision is to modernize financial operations across the healthcare supply chain, making every transaction faster, clearer, and easier for all parties involved.
Wellgistics Health continues to expand its role in pharmaceutical distribution, digital prescription routing, and AI-powered fulfillment. With its XRP Implementation Program, the company sets a new benchmark for how technology can transform payments in the healthcare sector.
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