Europe: RIA Financial Services launches money transfer services from new sending countries

Wednesday 28 July 2010 08:27 CET | News

RIA Financial Services, a division of Euronet Worldwide, has launched its money transfer services offering in the Netherlands, Finland, Luxembourg and Cyprus by signing RIA money transfer agents.

RIA has also been able to sign money transfer agents in Germany and France under its European payment institution license. Previously, RIA only maintained wholly owned stores in France and Germany under local money transfer licenses in each country.

Euronet Worldwide offers payment and transaction processing solutions to financial institutions, mobile operators and retailers which include ATM, POS and card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution for prepaid mobile airtime and other prepaid products. RIA Financial Services provides global consumer-to-consumer money transfer services through a sending network of agents and company-owned stores, disbursing money transfers via a worldwide payer network.

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Keywords: RIA Financial Services, Euronet Worldwide, money transfer, payment institution license
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce