RIA MONEY TRANSFER ANNOUNCES NEW STRATEGIC PARTNERSHIPS AND EXPANDS ITS NETWORK IN INDIA TO SERVE WORLD'S LARGEST DIASPORA GROUP

BUENA PARK, Calif., May 23 (Bernama-GLOBE NEWSWIRE) -- Ria Money Transfer (“Ria”) the third largest money transfer company in the world and subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT) has signed direct partnership agreements with three of India’s leading cash remittance payout agents, Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited.
 
Ria’s new principal agents are well-recognized in India and all have more than 15 years’ experience in the money transfer sector. With the addition of Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited, Ria will upgrade its cash payout network during the next 12 months by adding tens of thousands of high-quality retail and non-banking financial company locations across India. The robust and ubiquitous network will provide Ria with increased brand recognition across India, while providing tremendous convenience and accessibility for beneficiaries to easily receive cash remittances. 

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