Euronet s (EEFT) Unit Ties Up to Expand Reach in Romania Zacks.com 12/22/2020
Euronet Worldwide, Inc.’s EEFT subsidiary Ria Money Transfer recently inked a deal with Compania Nationala Posta Romana S.A., Romania’s national postal service operator, to establish its footprint. This move is in line with its strategy to penetrate varied regions via postal partners. The deal will allow customers to send and receive money in Romanian Lei and euros in a safe and seamless manner.
This addition of 1,200 Posta Romana post offices with a potential of more than 5,500 points under their coverage will almost double Ria Money’s current distribution network in the territory. This deal is aimed at providing convenient transaction options to the local communities. Notably, Ria Money, the second largest money transfer operator in the country will be able to expand in the area substantially. Ria Money’s network of postal tie-ups provides plenty of choices and financial inclusion across the
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Romanian Post, Ria Money Transfer sign intl services partnership deal Author: Posta Romana.
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BUCHAREST (Romania), December 21 (SeeNews) - State-controlled Romanian Post said on Monday that it has signed a partnership agreement with Euronet s Ria Money Transfer to offer international money transfer services.
Under the agreement, customers will be able to transfer funds from over 1,200 postal offices across Romania, Posta Romana said in a press release. Our partnership with Ria Money Transfer, a world-renowned brand, is a confirmation that we will be able to bring more financial transfer services to a country like Romania, which has one