Business
Wellgistics Health (NASDAQ: WGRX) Launches XRP Payment Program for Independent Pharmacies
TAMPA, FLORIDA / ACCESS Newswire / August 13, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX) ("Wellgistics Health" or the "Company"), a leader in
About this update from Wellgistics Health, Inc.
[{"type":"text","content":"TAMPA, FLORIDA / ACCESS Newswire / August 13, 2025 / Wellgistics Health, Inc. (NASDAQ:WGRX) (\"Wellgistics Health\" or the \"Company\"), a leader in next-generation pharmaceutical distribution, digital prescription routing, and AI-powered hub fulfillment, today announced the launch of its Ripple Labs-powered XRP Implementation Program, giving independent pharmacies access to blockchain-based payments in the prescription drug space for the first time. The program enables pharmacies to pay for products and move funds instantly, more cost-effectively, and with full transparency-eliminating delays, high fees, and reliance on traditional banking and credit card networks. Wellgistics Health is among the first healthcare companies to implement an XRP-based payment solution at scale.The program operates in partnership with RxERP, a serialized pharmaceutical eCommerce and ERP (Enterprise Resource Planning) system that manages onboarding, transactions, and reporting for participating pharmacies. With Wellgistics already serving more than 6,500 independent pharmacies and over 200 manufacturers nationwide, the Company is well-positioned to accelerate adoption rapidly and at scale.Pharmacies can now enroll in the beta program at:https://wellgisticshealth.com/xrp-in-healthcare/How Pharmacies Benefit from Using XRPInstant Settlement - Payments settle in seconds, not daysLower Fees - Avoid credit card and bank transaction costs24/7 Availability - No banking delays, even on weekends and holidaysImproved Cash Flow - Faster access to working capital and inventory restockReal-Time Tracking - View and confirm payments instantlyNo Intermediaries - Direct transactions between pharmacy and distributor\"We've been impressed with the response so far,\" said Brian Norton, CEO of Wellgistics Health. \"Independent pharmacy owners are far more forward-thinking than many realize. They see the power of blockchain and understand how transformative this will be as it scales across the industry. Our mission is to give pharmacies greater control, speed, and transparency in their financial operations.\"Technical Innovation and Blockchain IntegrationThe XRP Payment Program harnesses the speed, scalability, and low-cost infrastructure of the XRP Ledger to meet the unique demands of the pharmaceutical supply chain. Integrated with RxERP, the platform delivers real-tim...