One Pay FX Santander app expands into new payment corridor

Tuesday 16 July 2019 00:38 CET | News

The Ripple powered ‘One Pay FX’ application used by Santander UK has been expanded, allowing bank customers to transfer money to 20 countries.

In 2018, Santander UK launched an online payments application called ‘One Pay FX,’ a service driven by xCurrent, Ripple’s enterprise software solution that enables banks to instantly settle cross-border payments with end-to-end tracking. Now it expanded the scope of this online application and launched the UK–Poland payments corridor.

The application is currently available for mobile phones with IOS operating system, and it allows Santander customers to transfer money instantly. On 11 July 2019, Santander UK released version 1.3.1 of the application, which enabled the UK-Poland payments corridor and allowed UK customers to send Zloty (PLN) payments to Poland. Also, with the updated app, Santander UK customers can transfer up to GBP 10,000 to 19 Euro zone countries and Poland.

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Keywords: Ripple, XRP, xCurrent, One Pay FX, Santander, payments , UK, Poland, cross border, banks, transfers, cryptocurrency
Countries: World