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Edited by qqqpeter at 2019-5-7 13:29

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Ripple.com reported. Ria Money Transfer, a subsidiary of Euronet Worldwide, has joined RippleNet for instant blockchain-driven global payments.

With more than 377,000 customers worldwide and more than $40 billion annually, Ria's customers are among the world's largest payment service providers. By joining RippleNet's network of more than 200 financial institutions around the world, Ria can increase speed, transparency, and efficiency, and provide a better experience for its customers.

More specifically, Ripple's technology will enable new end-to-end tracking, better understanding of costs, estimated delivery time and status, complementing Ria's transparency and reliability to end users.

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Juan Bianchi, CEO of Euronet's Remittance Department, added:

“At Ria, we have developed the world's second largest remittance network and a first-class compliance program, all connected through our proprietary technology, and the integration of Ria and Ripple helps build a track for innovative payment infrastructure. Designed to provide potential partners with easier access while providing their customers with faster, cleaner payments. Time is a key currency for our customers and partners, so we always put them at the center of our innovation efforts. "

In addition, through Euronet's state-of-the-art digital integrated payment cloud, RippleNet customers will gain new access to the Ria global financial technology ecosystem for two-way cross-border payments.

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Marcus Treacher, Senior Vice President of Customer Success at Ripple adds:

“This partnership will enable Ripple to expand the reach and solutions of our partners and the entire banking ecosystem. Ria is one of the largest fund transfer companies in the industry, with the world's second largest network, with its world-class Known for its services. By joining RippleNet, Ria not only enhances the value chain of our partners but also continues to improve the time and cost of remittances for customers and corporate customers,"

This new partnership with Ria not only expands RippleNet's global reach but also provides faster, lower-cost payments to millions of people around the world.
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