RippleNet Accelerates Banco Santander Bank Payments

Banco Santander has expanded its international floating system One Paw FX and Thermalworks in 19 countries. Also, in a credit organization, they announced that they will be able to expedite payments on One Pow FX by the Ripple payment system.

Service One Power FX, launched in 2018 asAn appendix for international payments in a partner with Ripple, simplifies the international payments and speeds up their processing, in some cases. These steps helped the large bank protect the market share by displaying such rates as the Unicorn TransferWise and more small players like Transfergo.

The overarching reason for the recent improvements, the technical director of One Pow FX Ed Metzger noticed:

"The Clients told us that they did not know how much money was being paid forFor example, if you don't understand what kind of merchant or committee you are going to have.In addition, they have become accustomed to the fact that it is 5 days old.This is the main connection of the standard for all inducements. Nikto did not solve these problems."

Metzger also added that “Ripple helpssolve the problem of speed of international transactions. Now some payments via One Power FX are processed instantly. I recently made a payment from my account in Spain to an account in the UK and received text notifications about the transaction from both accounts within a few seconds.”

Despite the fact that Ripple offerscentralized solution for accounts with banks and financial institutions, which is fast and scaled up, is very much higher.

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