Partnership Between Riya Money Transfer And Paytm
Partnership between Riya Money Transfer and Paytm, it is very easy to transfer money from abroad.
There is an important partnership between Riya Money Transfer and Paytm Payments Bank for remittances abroad.
With this partnership, people will now be able to transfer their money from abroad to India through Paytm Wallet in real-time.
Ria Money Transfer that is Euronet Worldwide, Inc. (NASDAQ: EEFT), India’s leading payments company in the cross-border money transfer industry, has announced a partnership with Paytm Payments Bank to enable customers to send money.
With this Paytm has become the first platform in the country to accept international currency transfers directly into digital wallets.
On the other hand, Riya has become the first money transfer company to connect with Paytm’s nearly 333 million wallet users for remittances.
It has significantly increased the reach of its customers in the region and created a new delivery channel for Indians.
Customers from abroad can now easily transfer money to Paytm Wallet users in India at the comfort of their own via the Ria Money Transfer app or website.
Also by visiting any of the 490,000 Ria retail locations available across the world.
Through this, the money transfer will be done in real-time i.e. in real-time only.
Apart from this, the safety and convenience of the customers will also be ensured through measures like account verification, name matching.
Juan Bianchi, CEO, Money Transfer Segment, Euronet, said, “Ria has continually explored new ways to receive money, leading us to this important partnership with Paytm Payments Bank.
We offer money transfers for Indian households. Keeping in mind the needs of our customers and leveraging the technology already in their hands.
“Ria has become the first company to offer direct payments to the popular Paytm mobile wallet in India, enabling them to pay more Proud to provide digital access and convenience.”
“This agreement is significant for the Ria network, which supports more than 3.6 billion bank accounts and 410 million mobile and virtual accounts.”
“In addition, it will be expanded to enable consumer and corporate payments on the same network.”
Satish Kumar Gupta, MD & CEO, Paytm Payments Bank Ltd. said, “In our continuous endeavor to empower citizens with seamless, digital banking services, we are the first in India to offer a direct transfer of international remittances to Paytm Wallet.”
We are delighted to partner with Ria Money Transfer, an established brand for fast, secure, and affordable global money transfers.
“This launch brings unmatched convenience and flexibility to send money in real-time to the Indian Diaspora across the globe.”
