Paysera: Partners with Ria Money Transfer for cash pickup service

Paysera: Partners with Ria Money Transfer for cash pickup service

  • Paysera is a fintech company that provides fast, convenient, and affordable financial and related services globally
  • Launches a partnership with Ria Money Transfer, a global leader in the cross-border money transfer industry
  • Enables clients to send money not to a bank account but to the nearest Ria cash pickup location
  • Ria’s network includes 522,000 cash pickup locations in 152 countries throughout the world
  • Sometimes it’s not possible to transfer money to a bank account because the recipient doesn’t have a local bank account
  • Anticipates that the new cash pickup transfer service will become appealing to migrants working in developed European countries
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Nordea Cuts 1,500 Jobs as AI Drives Cost Savings

Banking giant Nordea announces significant layoffs amid AI transformation.Highlights: Nordea to eliminate 1,500 positions due to AI advancements.Cost-saving...

Visa Strengthens AI Payments Trials with Multiple Banks in the UK and Europe

Visa collaborates with numerous banks to innovate AI-driven payment solutions.Highlights: Visa partners with several banks in the UK...

Upvest Secures $125 Million Financing Round, Boosting Growth Potential

The fintech firm expands its capital to enhance its offering in the investment sector.Highlights: Upvest has raised $125...

Swedish Central Bank Tightens Actions on Banks Over Instant Payments

The central bank of Sweden warns banks on instant payment compliance.Highlights: Swedish Central Bank warns banks about compliance...