Earthport and Ria Money Transfer join forces for remittances
Earthport, a UK-based cross-border payment network, and Ria Money Transfer, the world’s third largest money transfer company, have teamed up.
Earthport will provide Ria with access to a global payment network. “Through a single, managed relationship with Earthport, Ria will gain access to over 60 domestic clearing schemes,” Earthport states.
The solution “enables complete transparency”, the vendor continues, “giving customers and merchants the ability to determine when funds will be credited to a beneficiary’s bank account”.
Juan Bianchi, Ria’s president and CEO, says that the new solution complements Ria’s existing bank deposit services. With the partnership in place, Ria can now offer its bank deposit customers “fast, secure and affordable money transfers”, he says.
Ria is a subsidiary of Euronet Worldwide. It has a network of 292,000 agents across 147 countries. Its HQ is in California.