Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEarthport Regulatory News (EPO)

  • There is currently no data for EPO

Agreement with Viamericas

9 May 2013 07:00

RNS Number : 2991E
Earthport PLC
09 May 2013
 

9 May 2013

Earthport plc

("Earthport", the "Company" or the "Group")

 

Viamericas Chooses Earthport to Expand Remittance Payments Services Outside the Americas

Viamericas to leverage Earthport's cross-border payment capabilities to serve additional payment corridors outside Latin America and the Caribbean

 

Earthport (AIM: EPO), the cross-border payments service provider, today announced an agreement with Viamericas, the leading provider of remittance payments for Latin America, to support its strategic growth outside the Americas. Under the agreement, Viamericas will leverage Earthport's global cross-border payment capabilities to service new routes outside Latin America and the Caribbean.

 

This agreement will enable Viamericas to expand its customer base internationally and provide more efficient, predictable and cost-effective direct-to-bank remittance transfers. As a company with an established service for the Latin American market, Viamericas was ranked by the Inter-American Dialogue as the first place remittance provider for the region in its 2012 Remittance Scorecard report. With remittance flows to the developing world expected to grow by 7.9% this year and reach a 10.7% increase by 2015, Viamericas needed a partner that could enable it to capture a bigger share of this growing market.

 

With local clearing capabilities in more than 50 countries worldwide, Earthport was uniquely placed to support Viamericas' expansion into new territories, while enabling unrivalled efficiency and transparency of cross-border payments. The new service will enable Viamericas' customers to benefit from low-cost remittance transfers and more transparent payments, including advance disclosure of all fees involved in the transfer.

 

"The collaboration with Earthport will enable us to offer more competitive payment services to our customers and venture into new markets," said Paul Dwyer, co-founder and CEO of Viamericas. "We are extremely proud of the high quality of services we offer in Latin America and the Caribbean and we are fully committed to expanding our offering into new territories."

 

"Through adopting the Earthport service we can now deliver more transparent payments and enhanced customer experience, while driving cost efficiency and innovation to capture new segments of the remittance market," he added.

 

Hank Uberoi, Executive Director of Earthport plc, commented, "We are seeing a growing level of adoption of our service by Money Transfer Organisations as they look to gain a greater share of the global remittance market. We are delighted to be part of Viamericas' international expansion and look forward to working together on delivering superior cross-border payment services to their customers."

 

For further information, please contact:

 

Earthport plc

Hank Uberoi / Paul Thomas/ Chris Cowlard

 

020 7220 9700

Panmure Gordon

Fred Walsh / Victoria Boxall

 

020 7886 2500

Charles Stanley Securities

Mark Taylor / Paul Brotherhood

 

020 7149 6000

Newgate Threadneedle

Caroline Evans-Jones / Josh Royston / Fiona Conroy

 

020 7653 9850

 

About Viamericas Corporation

Viamericas Corporation is a leading money transfer company in the Latin American market offering fast and secure remittance payment services at affordable prices. Viamericas' mission is to unite immigrant families and to help them achieve their goals by providing efficient international payment services and superior customer service.

 

Headquartered in Bethesda, MD, the company's money transfer services include: agent based and on-line electronic funds transfers to payout agents, direct bank deposits and, in some markets, home delivery of funds. The company also provides check processing services and domestic and international top-up services. www.viamericas.com.

 

About Earthport

Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.

 

Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's clients include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, clients can clear and settle payments directly to banked beneficiaries in over 50 countries.

 

The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport.

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRUGUBPAUPWGBR
Date   Source Headline
4th Jan 201911:26 amBUSForm 8.3 - Earthport Plc
4th Jan 201910:34 amRNSForm 8.5 (EPT/RI)
4th Jan 20199:47 amRNSForm 8.5 (EPT/RI) Earthport Plc
3rd Jan 20194:46 pmBUSForm 8.3 - Earthport Plc - Amended Disclosure
3rd Jan 20193:05 pmRNSForm 8 (OPD) - Earthport plc
3rd Jan 20191:20 pmRNSForm 8.3 - Earthport PLC
3rd Jan 201911:11 amGNWForm 8.5 (EPT/RI) - Earthport
3rd Jan 201911:06 amPRNForm 8 (OPD) - Earthport plc
3rd Jan 20199:56 amRNSForm 8.5 (EPT/RI) Earthport
2nd Jan 20196:37 pmRNSForm 8.3 - Earthport PLC
2nd Jan 20193:08 pmRNSForm 8.3 - Earthport PLC
2nd Jan 201911:59 amBUSForm 8.3 - Earthport Plc
2nd Jan 201910:09 amGNWForm 8.5 (EPT/RI)
2nd Jan 20199:27 amRNSForm 8.5 (EPT/RI) Earthport
31st Dec 201812:41 pmBUSForm 8.3 - Earthport Plc
31st Dec 201811:51 amRNSForm 8.3 - Earthport plc
31st Dec 201811:41 amGNWMan Group PLC : Form 8.3 - Earthport PLC
31st Dec 201810:57 amRNSForm 8.5 (EPT/RI) Earthport Plc
31st Dec 201810:28 amGNWForm 8.5 (EPT/RI) - Earthport
31st Dec 201810:20 amRNSForm 8.5 (EPT/RI)
28th Dec 20183:24 pmGNWForm 8.5 (EPT/RI) - Earthport
28th Dec 20182:54 pmRNSForm 8.3 - [Earthport plc]
28th Dec 201812:55 pmRNSForm 8.3 - Earthport plc
28th Dec 201812:15 pmRNSForm 8.3 - Earthport plc
28th Dec 201811:11 amRNSForm 8.5 (EPT/RI) Earthport Plc
28th Dec 201810:27 amRNSForm 8.5 (EPT/RI)
28th Dec 20189:43 amPRNForm 8.3 - Earthport PLC
28th Dec 20187:00 amBUSForm 8.3 - Earthport plc
27th Dec 20182:03 pmBUSForm 8.3 - Earthport Plc
27th Dec 20181:30 pmRNSResult of AGM
27th Dec 201811:45 amRNSForm 8.3 - Earthport plc
27th Dec 20189:57 amRNSForm 8.3 - Earthport/Visa International
27th Dec 20187:00 amRNSOffer for Recommended Cash Offer
6th Dec 20187:00 amRNSIssue of Awards under Long Term Incentive Plan
4th Dec 20184:46 pmRNSReport and Accounts and Notice of AGM
30th Nov 20187:00 amRNSFinal Results
28th Nov 20187:00 amRNSNotice of Results
1st Nov 20187:00 amRNSRestatement of Fair Value Adjustments
22nd Oct 20187:00 amRNSBoard Changes
26th Sep 20185:15 pmRNSStandard form for notification of major holdings
4th Sep 20184:35 pmRNSPrice Monitoring Extension
4th Sep 20187:00 amRNSAppointment of Non Executive Director
25th Jul 20187:01 amRNSAppointment of Alexander Filshie as CFO
25th Jul 20187:00 amRNSUnaudited Trading Update
2nd Jul 20187:00 amRNSDirector/PDMR Shareholding
15th Jun 20184:11 pmRNSDirector/PDMR Shareholding
24th May 20187:00 amRNSAppointment of CEO and Directorate Changes
22nd May 201811:46 amRNSDirector/PDMR Shareholding
4th May 20184:40 pmRNSSecond Price Monitoring Extn
4th May 20184:35 pmRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.