Earthport service to enhance Ria Money Transfer’s global payment portfolio

04/04/2016

Earthport service to enhance Ria Money Transfer’s global payment portfolio

Earthport (AIM: EPO.L), the leading cross-border payment network, is pleased to announce an agreement with Ria Money Transfer (“Ria”), the third largest global money transfer company.  Earthport provides Ria with access to a global payment network which complements Ria’s existing bank deposit services.

Earthport’s global payment solution enables complete transparency into the transaction, giving customers and merchants the ability to determine when funds will be credited to a beneficiary’s bank account. Through a single, managed relationship with Earthport, Ria will gain access to over 60 domestic clearing schemes.

Juan Bianchi, Ria Money Transfer President & CEO said, “Earthport provides an efficient, global payment network that will further enhance Ria’s world class bank deposit services.   This partnership will enable us to reach even more bank deposit customers around the world with fast, secure and affordable money transfers.” 

Daniel Marovitz, Earthport President Europe, commented: “Ria Money Transfer is a globally recognised money transfer company and Earthport is delighted to be collaborating with them to enhance their product offering. We look forward to working with Ria and are confident this will be a productive relationship going forward.”

 

About Earthport

One of the FinTech50 2015 - judged to be the game-changers transforming the future of finance - Earthport is also the winner of the Grant Thornton Quoted Company Awards 2015 Technology Company of the Year award and FStech/Retail Systems' B2B Payments Innovation of the Year (2014).

Earthport provides the industry with access to a global payment network through a single contract, a single technical integration, and a single service relationship. Worldwide, over 50 banks are connected into Earthport's network for the efficient clearing of low value payments. Through a single relationship, clients benefit from sophisticated validation, message transformation and compliance services, efficiently serving their customers with more innovative payment products.

Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services.

Find out more at www.earthport.com and on Twitter @EarthportLinkedInYoutubeSlideshare and Google+.

About Ria

Ria, a subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), is a global leader in money remittances.  Ria offers fast, secure, affordable money transfers through a network of approximately 292,000 global agents spanning 147 countries and online at www.riamoneytransfer.com.  The company is steadfast in its commitment to its customers and remains ingrained within the communities in which they live. 

For more information visit www.riafinancial.com and www.riamoneytransfer.com.

 

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