Viamericas, a prominent licensed money transmitter recognized for its global money transfer, bill payment, check processing, and top-up services, has announced the launch of a groundbreaking cash-to-account transfer service within the United States. This new offering is set to transform the way customers can send and receive money domestically. Leveraging the power of the FedNow service and the Real Time Payment (RTP) network, Viamericas enables recipients to receive cash deposits in a matter of minutes. Transfers can be initiated at thousands of locations across the country and are delivered to accounts at over 820 financial institutions that are enrolled in FedNow or RTP.
Joseph Argilagos, Executive Chairman and Co-Founder of Viamericas, highlighted the significance of the new service, stating, “Our rapid cash-to-account transfer service empowers our customers to make fast, secure money transfers, helping them support their families more effectively. By utilizing the FedNow and RTP networks, recipients can now enjoy the convenience of instant deposits, which offers peace of mind to immigrant communities and individuals across multiple states in the U.S.”
Argilagos emphasized the broader impact of the service on underserved communities, particularly those who have historically lacked access to cutting-edge financial technology. “We are proud to offer the benefits of advanced fintech to communities that have traditionally been underserved, enabling them to participate in the modern economy with confidence,” he added.
The new cash-to-account service also expands the value Viamericas offers through its loyalty program, Viamericas Plus. This program allows customers to earn ViaPoints when they use Viamericas services, such as money transfers, bill payments, and telephone top-ups. The introduction of domestic cash-to-account transfers adds another way for customers to accumulate ViaPoints. For eligible users, these points can be redeemed for benefits like improved exchange rates or reduced fees on future transactions, further enhancing the value of using Viamericas.
By integrating rapid cash-to-account capabilities, Viamericas is pushing the boundaries of what consumers can expect from money transfer services. The ability to transfer money to bank accounts instantly will be a game-changer for many, offering a seamless and efficient solution for individuals who need to send or receive funds quickly.
Viamericas’ commitment to innovation is reflected in its continued investment in expanding its services and technology, ensuring that customers always have access to the latest and most reliable financial tools. With the launch of this new service, Viamericas is not only enhancing the customer experience but also reinforcing its role as a leader in the financial services industry, particularly within immigrant communities across the United States.
The company’s expansion of its offerings continues to meet the evolving needs of modern consumers, making it easier for individuals to manage their financial transactions with convenience, speed, and security. As financial technology continues to advance, Viamericas stands at the forefront, providing innovative solutions that enhance the financial well-being of its customers.
