The company’s IAD ATM network footprint currently includes 32 countries in Europe and 38 countries worldwide.
LEAWOOD, Kan., Feb. 6, 2024 (Globe Newswire) — Euronet (NASDAQ: EEFT), the world’s leading financial technology solutions and payments provider, today announced further expansion of its Independent ATM Network (IAD). , announced a new start. In addition to Belgium and Mexico, ATM’s global footprint extends to 38 countries across Europe, Asia Pacific, Africa, and the Americas.
Belgium ranks 32ndn.d. The addition of European countries to the company’s IAD network strengthens Euronet’s presence and leadership position in the region. The company’s independent ATM in Mexico marks Euronet’s entry into the emerging Latin American market and is the first step towards accelerating its expansion strategy in the region.
The announcement joins a series of recent Euronet global This follows a major ATM expansion initiative.
The announcement further fleshes out Euronet’s global expansion strategy, which includes strengthening its presence in existing markets and expanding beyond Europe through a diversified market entry strategy, including the introduction of the company’s ATMs. expansion and subsequent strategic agreement with Euronet. Financial institution.
Expansion into new countries means that the company’s strategic expansion plans are effectively executed, despite diverse regulatory requirements, introducing flexible and cutting-edge technologies, leveraging the company’s specialized resources and implementing various new Demonstrates the company’s ability to quickly enter markets and regions. Optimized process.
Nikos Fountas, Executive Vice President and Chief Executive Officer of Euronet Americas and EMEA EFT, said: “Together with Belgium, we will further deepen and strengthen our presence in Europe, reach more customers and improve access to cash. We will also expand into Mexico and expand our international We are also excited about the further diversification of our ATM network outside of Europe, which is a key element of our strategy.
“The new country launch demonstrates our ability to accelerate and expand globally with our superior technology, operational services and proven value proposition, placing us at the forefront of payments innovation. has already proven to be a solid investment and we will continue to actively seek similar opportunities around the world.”
About Euronet
Started in Central Europe in 1994 and today has grown into a global real-time digital and cash payments network with millions of touchpoints, Euronet now connects consumers and businesses with every way they rely on to spend money. I’m moving it. This includes money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments, currency exchange, and more. Euronet and its financial technology and network offer products and services in more than 200 countries and territories through its private label and branded business segments, making participation in the global economy easier, faster and more secure for everyone. I’m making it into something.
Euronet, the world’s leading financial technology solutions and payments provider, has 53,272 installed ATMs, approximately 637,000 EFT POS terminals, and a growing range of outsourced debit and credit card services managed in 66 countries. We have developed an extensive global payments network, including a portfolio of Card software solutions. A prepaid processing network of approximately 810,000 point-of-sale terminals located at approximately 348,000 retail locations in 61 countries. We also have a global money transfer network of approximately 540,000 locations serving 194 countries and territories. Euronet serves customers from its headquarters in Leawood, Kansas, USA, and from 67 offices worldwide. For more information, please visit our website at www.euronetworldwide.com.
CONTACT: Euronet Contact Stephanie Taylor Director of Financial Planning and Investor Relations +1-913-327-4200
