Ria Money Transfer and Xe announce collaboration with Google

Ria Money Transfer and Xe, both business segments of Euronet (EEFT), announced a collaboration with Google (GOOG) to make cross-border money transfers more accessible. The companies will work together to make it easier for Google users to find and conduct cross-border money transfers via Ria and Xe’s services. In 2024, the total revenue for the global digital remittance market was forecasted at $23.4B, and it is projected to rise swiftly at a Compound Annual Growth Rate of 13.5%, reaching $83.2B by the end of 2034. Ria and Xe already support 3.2B mobile wallet accounts, 4B bank accounts, 4B Visa cards and 624,000 locations across nearly 200 countries and territories. This strategic collaboration between Ria, Xe and Google aims to simplify access to cross-border payments for more people around the world, helping Google users discover and transact more easily.