"Santander" plans to launch Retalix retail payments in 4 countries

Banco Santander plans to launch a personal payment application for its retail customers, which is operated by the plucheen technology for the ruble currency, in the first quarter of this year.

As it may become one of the first major retailers to use pluchen technology in the banking system, Santander has decided to launch a personal payments application for international payments operated by the Reuben plocin technology. The application, first reported by Finextra, will allow international payments to be made in "3 clicks and 40 seconds" for retail bank customers. The site revealed a report showing the private group's earnings in a year, released last week. In a related development, the bank said:

"We expect to be one of the first international banks to launch a payment system based on the book of accounts distributed"

Pointing to full transparency with regard to bank fees and foreign exchange rates before the commencement of transactions. The application will be available in Brazil, Spain, the United Kingdom and Poland. The launch of the application follows 18 months of internal testing by Santander, where the application was used in Apple Pay to make payments between £ 10 and £ 10,000 among employees. Executive Director Brad Garlingheos has confirmed the news on social media, and the application is scheduled to be launched this quarter.

In May 2016, Santander began to experiment with payments supported by the pound sterling, the euro and the US dollar. Payments are in euro, specifically, with up to 21 countries, while payments can be sent in US dollars to the United States, implying a wider implementation of the bank's payments to the above-mentioned four countries.

Santander's Innoventures, the venture capital fund of the banking group, is an important investor in the RIBL after participating in the Series A financing cycle in September 2016.