Santander, a bank with $94.36 bn market cap, to use Ripple's payment system (Not XRP) in Q1 2018
The following is taken from Santander's 2017 earnings presentation dated 31st January 2018.
It appears the plan is to roll it out some time in the next two months.
The presentation also touts a platform for payments using mobile phones targeting those without bank accounts, as well as payment using 'smart watches'.
Note, this is a major high-street bank in the UK, Spain and elsewhere with a 10% market share for current accounts and 10.4% for the mortgage market.
What next - mortgage payments in cryptos?
Santander presentation:
UK current account market share figures:
https://www.statista.com/statistics/387098/uk-banks-current-account-market-share/
UK mortgage market figures:
https://www.cml.org.uk/news/news-and-views/largest-mortgage-lenders-2016/
Good NEWS !!, TIME TO BUY MORE RIPPLE!!!!
Original Content @rehab22 Mr. Crypto
Heh. I'm not sure what I think of Ripple myself. It has interesting applications but it's a bit too centralised for my liking.
Should be called Bankster coin! haha atleast we can pay debt with it ....
Indeed. What a privilege ;)