Ria Money Transfer, a business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), is a fintech company that delivers innovative financial services including fast, secure, and affordable global money transfers. With the second most extensive cash settlement network and the largest direct bank deposit network in the world, Ria gets money to where it matters.
Thanks to its cutting-edge technology and large distribution network, Ria overcomes geographical barriers to offer financial services virtually anywhere in the world.
With presence in more than 200 countries and territories, the company offers an omnichannel experience, enabling customers to benefit from its services from the convenience of their home through the app for mobile devices, website, or at any of their more than 580,000 locations across the world.
The company has the world's largest direct deposit banking network, with more than 4 billion bank accounts, over 500 million users with mobile wallets that provide faster payments and settlements. 90% of bank deposit transactions are carried out in real time.
The company's goal is to make it easier for migrants to help the family and friends they left behind to facilitate growth opportunities wherever they go and to facilitate contact and remittances to their country of origin.
Ria’s global infrastructure facilitates financial access to customers and partners alike, promoting economic growth around the world by opening new market opportunities. Ria opens ways for a better everyday life.
- RIA payment system was founded in 1987 in New York;
- It offers services in 180+ countries through a network of 500,000 branches around the world (Zolotaya Korona systems are integrated with RIA for access to foreign countries);
- The third largest payment system after Western Union and Moneygram;
- Territorial coverage: 50.3% - Africa and Oceania; 23.7% - Europe; 12.2% - Latin America; 8.3% - Asia, 5.6% - North America;
- Commission for the client from 0.9% to 2.2%.
