Ria Money Transfer, Thunes enable cross-border payments in emerging markets

According to the press release, thanks to this partnership, Ria’s extensive agent network can also send funds directly to mobile wallets, beginning with the addition of more than 100 million mobile money users to the company’s beneficiary customer base. 

Furthermore, the agreement promotes Ria’s continuous expansion in Asia, Africa, and LATAM through Thunes’ connections to digital wallets and banks. These include strong market players like M-Pesa in East Africa as well as MTN Mobile Money across the continent and other wallets in Tanzania, Uganda, Malawi, and Rwanda with more to come. This agreement follows Ria’s strategy to fast-track its digital services, gaining ground in a rapidly evolving market with a growing demand for mobile money and alternative payment solutions.

In addition to its extensive global network, Thunes provides advanced technological capabilities and a robust platform, enabling Ria to further enhance its digital services by delivering a fast, convenient, and affordable payment experience to its customers.