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Stock impact report

Ria Money Transfer partners with Tenpay Global, enabling digital remittances to Weixin for flexible spending in China

Euronet Worldwide, Inc. (EEFT) 
Last euronet worldwide, inc. earnings: 4/28 09:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.euronetworldwide.com
Company Research Source: GlobeNewswire
The strategic partnership between Ria Money Transfer and Tenpay Global amplifies the reach of cross-border payments between China and the rest of the world, boosting access to secure and convenient remittance services for millions of people worldwide. BUENA PARK, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Ria Money Transfer (Ria), a global leader in the cross-border money transfer industry and business segment of Euronet (NASDAQ: EEFT), and Tenpay Global, Tencent’s cross-border payment platform, announced a new partnership today. Users around the world are now able to send money from Ria’s digital and physical channels to their or their families’ Wallet Balance or linked bank accounts in Weixin Pay, a leading payment and digital wallet in China. China remains one of the top three remittance-receiving countries globally, with remittance inflows reaching US$50 billion in 2023, according to the World Bank. This partnership enables Ria to tap into the large Weixin and WeChat user base, Show less Read more
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