Use Cases

Ria Money Transfer Adds Real Time Payments Through Brazil’s PIX Instant Payments Platform in Partnership with Banco Rendimento

PRESS RELEASE

BUENA PARK, Calif., June 10, 2021 — Ria Money Transfer, a world leader in the cross-border money transfer industry and subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), today announced the launch of instant payments in Brazil via the country’s new PIX real time payments network. Ria will participate in the PIX network through its partnership with Banco Rendimento and can now facilitate local BRL transfers and payments 24 hours a day, 7 days a week, including weekends and holidays.

The simplicity of this new digital infrastructure makes it easier and faster for customers across the country to receive funds instantly at affordable rates and further advances Ria’s Brazilian service portfolio.