7 Reasons Why Customers Choose Ria Money Transfer vs. TransferWise

You might be considering sending money with Ria Money Transfer, but you may have also heard about TransferWise, an investor-backed tech startup that was founded in 2011. Just like you have a choice in which grocery store you shop at; you have options when sending a money transfer. There are a lot of remittance companies out there. How do you know which one is right for you? While both Ria and TransferWise provide a way for customers to send money abroad, there are important distinctions between the two companies. 

How Ria Is Different 

We’ve been here for you longer, and we know this business. 

Ria Money Transfer, a subsidiary of Euronet Worldwide, Inc.,  has been helping people get their money where it needs to be for more than 30 years. This business isn’t new to us. Since our humble beginnings in New York in 1987, Ria has grown to become one of the largest money transfer services in the world.

We reach more corners of the world.  

If you’re an international traveler or looking to send money to any part of the world, Ria’s broad global presence and reach consistently has you covered. While TransferWise has 12 offices around the world and the ability to send money to 50 countries, Ria’s services are available at 377,000 locations in more than 155 countries spread between Asia, Europe, Latin America, Africa, Asia-Pacific, and North America.  

We have more currencies  

We offer 150+ currencies compared to TransferWise’s 44 available currencies.  

Our credit card fees are lower* 

If you plan to fund your money transfer with a credit card, Ria is the way to go. Credit card fees on TransferWise are much higher compared to us. For example, you can see in the images below that if you were to use your credit card to fund a money transfer of $2000 from the U.S. to India, the fee you would incur with TransferWise is $78.42 compared to Ria Money Transfer’s fee of $50.00 for the same amount.**  

*excludes credit card cash-advance fees that may apply depending on the credit card used to fund the money transfer. It is advisable to use a debit card instead of a credit card to avoid cash advance fees, and your money transfer will process just as quickly as if you used a credit card. 

**This comparison was completed at 10am on June 11, 2019. 

We allow you to pay in cash. 

With TransferWise, you are only able to pay for your money transfer using your bank account, credit card, debit card or Apple Pay. Cash isn’t even an option. At Ria, we know that some people prefer to use cash. That’s why we offer the option to pay for your money transfer using a bank account, credit card, debit card, or cash.  

We have a wider variety of payout options, including cash. 

With Ria, your recipient can receive their money in a number of ways including bank deposit, home delivery, or cash pickup at a nearby store.  

We know culture crosses borders, not just money.  

Every day more than 164 million migrants overcome language barriers, culture shock and homesickness to support their families back home. Many of those migrants use Ria Money Transfer because we provide promotions around specific holidays that our customers celebrate in their home country. For example, we are currently running a promotion for Ramadan, will have one coming soon for Philippines back-to-school, and and we just completed a Mother’s Day promotion. You can monitor our promotions here.  

ria great rates sq

Don’t Just Take Our Word For It, Take Theirs. 

 “You make me and my family happy! Another way to share happiness. Thanks Ria!” 


“Fast and easy process, helped me and the people I care for in my home country to get the money as soon as they could. Thank you so much Ria!” 


“Awesome money transfer service. My loved ones received their money faster than they promised. I can deposit money directly into the recipient’s bank account. Their exchange rate is the best, at least compared to other money transfer companies like MoneyGram, Western Union, etc. I would recommend Ria money transfer to anyone!” 


“Excellent and very fast service, no problems at all. Money was sent immediately to its destination and I was promptly notified when the money was picked up.” 


“Ria Money Transfer really makes my life easier, As a crew member working in a cruise ship, I finally found a way to send money home that is secure, with fair rates and fast. I do recommend to everyone.”