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Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. [ 2 ] [ 3 ] [ 4 ] Ria initiates transfers through a network of agents and company-owned stores located throughout North America, South America, Europe, Asia-Pacific, Africa, and online.
In April 2014, Walmart started offering a store-to-store money transfer service, partnering with Euronet's subsidiary Ria Money Transfer. [10] [11] Walmart2Walmart allows shoppers to transfer money to and from 4,000 Walmart stores in the U.S. [12] In 2016, the program was expanded into the global money transfer service market with Walmart2World ...
BUENA PARK, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Ria Money Transfer (Ria), a global leader in the cross-border money transfer industry and business segment of Euronet (NASDAQ: EEFT), and Tenpay Global, Tencent’s cross-border payment platform, announced a new partnership today.
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A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.
Remitly allowed people in 30 countries to carry out transfers of money in approximately 100 currencies to 170 countries, as of July 2024. [5] [13] The service operates electronically rather than via physical premises. Recipients in some countries might be able to receive funds via bank deposit, mobile money, and cash pickup.
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