Euronet Continues Global ATM Expansion
(Thomson Reuters ONE) -
Adds Independent ATM Networks in Three Countries
Value Added Service Agreements Now Cover More than 165,000 ATMs on Six
Continents
LEAWOOD, Kan., June 15, 2015 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc.
(Nasdaq:EEFT), today announced the addition of three new countries to its
portfolio of Independent ATM Deployment (IAD) networks. The new ATMs in
Malaysia, Cyprus and Portugal expand Euronet's position as the world's fastest
growing and most geographically diverse independent ATM deployer.
While expanding geographically, Euronet is simultaneously expanding its value
added services through several new agreements, which when fully implemented,
will add these services to more than 165,000 bank owned ATMs in 21 countries
across six continents. This value added service expansion complements Euronet's
existing ATM portfolio where it provides cash withdrawal, balance inquiry,
managed services and a comprehensive suite of value added services on nearly
21,000 ATMs across 25 countries in Europe and Asia.
"For more than 20 years, Euronet has led the industry in deploying and operating
ATMs in both emerging and developed markets, while also investing in innovative
technology that improves the profitability of the ATM networks we own and those
we operate," said Michael J. Brown, Euronet's Chairman, CEO and President. "The
entry into these three new markets and agreements to launch value added services
across a significant number of ATMs highlight our continued focus on our
strategy to add more products on more ATMs in more countries."
The launch of the ATM network in Malaysia represents Euronet's first independent
network in Asia Pacific, while the independent network in Portugal marks
Euronet's first EFT presence in the country. With the addition of these new
markets, Euronet now owns and operates IAD networks in 17 countries including:
Poland, Germany, France, Portugal, Spain, Italy, Greece, Cyprus, Romania,
Ukraine, Croatia, Hungary, Denmark, Austria, Malaysia, the Czech Republic and
the United Kingdom.
Euronet has developed a comprehensive portfolio of ATM value added services.
Some of these services include:
* ATM Advertising & Promotions
* Bill Payment
* Cardless Withdrawal
* Charity Donations
* Couponing
* Customer Relationship Management
* Domestic & International Gateways
* Dynamic Currency Conversion
* e-wallet Top-up
* Foreign Currency Dispense
* FX Remittances
* Instant Loans
* Intelligent Deposit
* Mobile Funds Transfer
* Mobile Airtime Top-up
* Person-to-Person Remittances
* Prepaid Content Distribution
Continued Mr. Brown, "ATMs are no longer just for cash withdrawal and we are
pleased that banks are recognizing our market leading capabilities. Our
innovative value added services can be tailored to the specific needs of banks
which enhance the customer proposition and create additional revenue streams for
the bank. We look forward to expanding our presence and our technology to more
devices in more countries with more banks across the globe."
For more information please visit www.euronetworldwide.com.
About Euronet Worldwide, Inc.
Euronet Worldwide is an industry leader in processing secure electronic
financial transactions. The Company offers payment and transaction processing
solutions to financial institutions, retailers, service providers and individual
consumers. These services include comprehensive ATM, POS and card outsourcing
services, card issuing and merchant acquiring services, software solutions,
cash-based and online-initiated consumer-to-consumer and business-to-business
money transfer services, and electronic distribution of prepaid mobile phone
time and other prepaid products.
Euronet's global payment network is extensive - including 20,863 ATMs and a
growing portfolio of outsourced debit and credit card services which are under
management in 47 countries; card software solutions; a prepaid processing
network of approximately 672,000 POS terminals at approximately 308,000 retailer
locations in 34 countries; and a global money transfer network of approximately
246,000 locations serving 138 countries. With corporate headquarters in the USA,
Euronet serves clients in approximately 165 countries. For more information,
please visit www.euronetworldwide.com.
Media Contacts:
Stephanie Taylor
+1-913-327-4200
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Euronet Worldwide, Inc. via GlobeNewswire
[HUG#1928293]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 15.06.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 400431
Anzahl Zeichen: 5634
contact information:
Town:
LEAWOOD
Kategorie:
Business News
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