Ripple Adoption Continues To Grow As Santander Launch New Payment Connection
One Pay FX, a banking application powered by Ripple for Spanish banking giant Santander has added another payment corridor between the United States and Poland. An upgrade completed on the app last week enabled instant funds transfer between the two countries but only went live after the official announcement.
The senior vice president of customer success at Ripple, Marcus Treacher touted the new addition, which allows Santander customers to move up to 10k euros on a daily basis from both countries with zero transaction fees.
Ripple’s banking app also uses the Ripple payment protocol xCurrent. Santander launched the app on iOS last year as it now says that customers will be able to send money to nineteen countries, including the United States.
The executive chairman of Banco Santander Ana Botín had said in a statement in April:
“One Pay FX uses blockchain-based technology to provide a fast, simple and secure way to transfer money internationally – offering value, transparency, and the trust and service customers expect from a bank like Santander.”