Ria and Walmart Expand Walmart2Walmart Domestic Money Transfer Service

Leawood, KS - 25 October 2016

Consumers can now send up to $2,500 with Walmart2Walmart 

Ria Money Transfer, in collaboration with Walmart, today announced the expansion of the Walmart2Walmart domestic money transfer service for customers seeking to send up to $2,500. 

In 2014, Walmart and Ria introduced the Walmart2Walmart money transfer service to provide customers with a low-cost product that allowed them to transfer up to $900 between more than 4,600 Walmart stores nationwide.  Now customers wishing to send as much as $2,500 can enjoy the simple, convenient, reliable Walmart2Walmart service powered by Ria, while saving more of their hard-earned money.  Sending up to $2,500 will cost $18 through Walmart2Walmart, while competitive offerings charge as much as $50 to send $2,500.

“We have enjoyed working with Walmart to provide our customers with an easy-to-use product at a great value and we are excited that customers will now have a broader product selection to enjoy the simplicity of Walmart2Walmart when transferring money to their loved ones.  We will continue to work collaboratively with Walmart to give our customers high quality products at an exceptional price,” said Michael J. Brown, Euronet’s Chairman and Chief Executive Officer.  

Ria has been recognized as one of Walmart Services’ outstanding service providers, earning Walmart’s Service Provider of the Year award in two consecutive years.  These awards are a reflection of the high quality of the Ria services together with the value the Walmart2Walmart product provides to consumers as well as the strong, collaborative relationship Ria and Walmart share. 

Ria is the licensed money transfer operator for all Walmart2Walmart domestic money transfer transactions.   Walmart acts as the authorized agent of Ria.

Wal-Mart Stores, Inc. (NYSE:WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 260 million customers and members visit our 11,539 stores under 63 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2016 revenue of $482.1 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. 

Ria, a subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT), is a global leader in money remittances.  Ria offers fast, secure, affordable money transfers through a network of approximately 314,000 global agents spanning 144 countries and online. The company is steadfast in its commitment to its customers and remains ingrained within the communities in which they live.

Ria operates in the United States as Continental Exchange Solutions, Inc. dba Ria Financial Services. 

Source: GlobeNewswire

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