September 14, 2018
Ria Money Transfer, a global money transfer provider and subsidiary of Euronet Worldwide Inc., has signed an agreement with Boost Mobile, a subsidiary of Sprint Corp., that will allow Boost Mobile dealers to offer customers domestic and global money transfer and bill payment services at more than 6,000 locations nationwide.
The relationship will give Ria customers more options to send and collect money in the United States, while Boost will benefit from increased foot traffic due to the similar customer base.
"It is a partnership that benefits both companies," Ria CEO Juan Bianchi said in the release. "Ria increases its breadth and depth of coverage in the U.S. market, while Boost Mobile dealers gain an additional revenue stream, incremental store traffic, and more services to offer customers. It's definitely a win-win."
"We look forward to a successful launch ahead with our new collaboration with Ria Money Transfer," said Boost Mobile Sales Operations Director Blair Frock.
Implementation is scheduled to roll out in phases starting in Q4, according to the release.