Rolling Out With Ripple
Today’s world expects money to move as fast as
information does on the web. Santander U.K. is
now turning this expectation into reality with its
new cross-border payments application based on
Ripple’s distributed financial technology.
In the initial rollout, Santander employees are able
to transfer between £10 and £10,000 through this
new mobile application. The app is currently
available on Apple’s iPhoneR and connects to
Apple PayR, where users can confirm payments
securely using Touch IDR. Payments can be made
from British pounds to euros in 21 countries and
to dollars in the U.S.