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Ria has grown to become the second largest money transfer service in the world. [6] In 2006, Ria was acquired by Euronet Worldwide, Inc., becoming part of its money transfer segment together with XE. [7] Ria began working with post offices in 2010 and on July 31, 2014, partnered with Postbank, which is owned by the Kenyan government. [8]
Ria Money Transfer, 2007, a global money transfer company with a network of agents and company-owned stores in North America, the Caribbean, Europe and Asia. [28] In June 2015, Ria entered the Middle East remittance market with the buyout of money transfer provider, IME. [14] Pure Commerce, 2013, giving it access to a suite of SaaS based ...
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BUENA PARK, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Ria Money Transfer (Ria), a global leader in the money transfer industry and business segment of Euronet (NASDAQ: EEFT), today announced its new collaboration with PLS Financial Services Inc. (PLS) to become the exclusive provider of money transfer services at over 200 PLS Check Cashers locations throughout the United States.
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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