In February we have reported about Banco Santander announcing the launch of a mobile payment application based on the technology developed by Ripple.
On April 10, Santander released OnePay FX Application, which allows the users to make regular international payments of up to £10,000 a day in euros to all nineteen Eurozone countries; and US dollars to the USA.
OnePay FX App Screenshots
OnePay FX allows the users to:
• Either enter the amount in Pounds to send or the amount of Euros or Dollars to be received
• Always see the final amount that will be received
• Store the details of payments so it’s easier to pay them again
• See all the payments made using the app
• Send payments to individuals rather than companies
We will not charge you a transaction fee for using OnePay FX. However, the payment may be subject to receiving bank fees if you send a payment in Euros or Dollars to an account which uses a different currency. If we introduce a transaction fee in the future, we’ll inform you of the fee before you complete the transaction.
OnePay FX Description
The users who would like to use OnePay FX will need the Santander Online or Mobile Banking log on credentials and a Santander debit card registered with Apple Pay.
It was indicated previously that the payment application developed by Santander and Ripple will appear in the first quarter of 2018, and OnePay FX is likely to be that very app. Nevertheless, the App Store description of OnePay FX app does not include any mentions of Ripple technology.