PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria
PYMNTS
AUGUST 28, 2018
Customers using Xoom can now go online or use mobile devices to send money to 70 percent of countries around the world via this deal. Xoom launched in 2001 and was purchased by PayPal in 2015 for $890 million in an all-cash deal. Ria’s network includes approximately 355,000 global agents. billion in receivables from PayPal.
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