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20 September 2019

Santander Expanding Ripple-Powered Payments After Volume Triples

Santander Expanding Ripple-Powered Payments After Volume Triples


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Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told Cointelegraph on Aug.

Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to a number of Latin American countries after first introducing the technology in Spain, Brazil, Poland and the United Kingdom in April 2018. .

Based on Ripple’s xCurrent technology, One Pay FX is independent from XRP and does not need the digital currency to work, the Santander spokesperson explained to Cointelegraph. .

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