RIA Financial Services, Cerritos, California, a wholly owned subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), today announced the achievement of an important milestone: expansion to more than 100,000 locations worldwide.
With a rapidly growing network now exceeding 100,000 locations in 120 countries we believe that RIA is poised for significant growth in immigrant payments penetration. This has been our strategy and we believe we are seeing the benefits of the investment in quality and expansion that we implemented soon after acquiring RIA.About Euronet Worldwide, Inc. Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, mobile operators and retailers which include comprehensive ATM, POS and card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution for prepaid mobile airtime and other prepaid products. Euronet operates and processes transactions from 42 countries. Euronet’s global payment network is extensive — including 9,336 ATMs, approximately 51,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 26 countries; card software solutions; a prepaid processing network of approximately 470,000 point-of-sale terminals across approximately 232,000 retailer locations in 20 countries; and a consumer-to-consumer money transfer network of approximately 104,400 locations serving more than 120 countries. With corporate headquarters in Leawood, Kansas, USA, and 36 worldwide offices, Euronet serves clients in approximately 145 countries. For more information, please visit the Company’s website at: www.euronetworldwide.com. About RIA Financial Services RIA Financial Services, Euronet Worldwide, Inc. subsidiary company– is the third-largest global money transfer company. It provides global consumer-to-consumer money transfer services through a sending network of agents and Company-owned stores, disbursing money transfers through a worldwide payer network. In addition to money transfers, RIA Financial Services offers consumers bill payment services, prepaid debit cards, check cashing and other financial services. Today our Money Transfer Segment: