Ripple has collaborated with one of its largest customers, Santander Group, by announcing a mobile app run by the company's distributed ledger.
According to reports, the bank has been managing the app for 18 months with its employees by combining Apple Pay for payments between $ 14 and $ 14,000. The reports also describe that the app will be used in Spain, Brazil, Great Britain and Poland.
Customers will be able to use the app to place cross-border payments on the same day within a minute. This app will also provide a personal finance manager and help person-to-person payments.
A Santander spokesman told:
"We have planned to launch this in the coming months and we will take care of the mail we have planned to use xCurrent in the project."
Ripples xCurrent product does not use XRP, the company's native cryptocurrency.
Ripple CEO Brad Garlinghouse declared this to his followers on Twitter, saying that the app will be released in the quarter.
The plans for the project are announced in the bank's 2017 earnings presentation.
