Euronet Expands Independent ATM Network Into Belgium and Mexico
2024年2月6日 - 11:00PM
Euronet Expands Independent ATM Network Into Belgium and Mexico
Euronet (NASDAQ: EEFT), a leading global financial technology
solutions and payments provider, today announced the further
expansion of its independent ATM network (IAD) with new launches in
Belgium and Mexico, increasing its global ATM footprint to 38
countries across Europe, Asia Pacific, Africa and the Americas.
Belgium is the 32nd European country in the
company’s IAD network, strengthening Euronet’s presence and
leadership position in the region. The company’s independent ATMs
in Mexico signify Euronet’s entry into the emerging LATAM market,
and this is the first step towards an accelerated expansion
strategy in the region.
The announcement follows a series of global ATM
expansion initiatives for Euronet in recent years, including new
IAD deployments in Europe (Iceland, the Baltics, Norway and
Montenegro), Northern Africa (Morocco and Egypt) and Southeast Asia
(Malaysia and the Philippines).
This announcement is a further manifestation of
Euronet’s global expansion strategy, which includes strengthening
its presence in existing markets and expanding to territories
outside of Europe with a diversified go-to-market strategy that
includes the deployment of the company’s ATMs, followed by
strategic agreements with financial institutions.
The expansion into new countries demonstrates
the effective execution of the company’s strategic expansion plan
and its ability to enter multiple new markets and territories
rapidly despite diverse regulatory requirements, deploying flexible
and state-of-the-art technology, using the company’s expert
resources and applying optimized processes.
“We are excited with the launch of two more
markets for our Independent ATM business,” said Nikos Fountas,
Executive Vice President and Chief Executive Officer, Euronet
Americas and EMEA EFT Division. “With Belgium, we further
deepen and strengthen our presence in Europe, reaching more
customers and offering greater cash accessibility. We are also
excited about the launch of Mexico and the further diversification
of our ATM network outside of Europe, which marks an important
element of our international growth strategy.
“The new country launches validate our ability
to accelerate and expand globally with our superior technology,
operational services, and proven value proposition, placing us at
the forefront of payment innovation. The new geographies are
already proving to be solid investments, and we will continue
aggressively seeking similar opportunities in all parts of the
world.”
About Euronet
Starting in Central Europe in 1994 and growing
to a global real-time digital and cash payments network with
millions of touchpoints today, Euronet now moves money in all the
ways consumers and businesses depend on. This includes money
transfers, credit/debit processing, ATMs, point-of-sale services,
branded payments, currency exchange, and more. With products and
services in more than 200 countries and territories provided
through its own brand and branded business segments, Euronet and
its financial technologies and networks make participation in the
global economy easier, faster, and more secure for everyone.
A leading global financial technology solutions
and payments provider, Euronet has developed an
extensive global payment network that includes 53,272
installed ATMs, approximately 637,000 EFT POS terminals and a
growing portfolio of outsourced debit and credit card services
which are under management in 66 countries; card software
solutions; a prepaid processing network of approximately 810,000
POS terminals at approximately 348,000 retailer locations in 61
countries; and a global money transfer network of approximately
540,000 locations serving 194 countries and territories. Euronet
serves clients from its corporate headquarters in Leawood,
Kansas, USA, and 67 offices worldwide. For more information, please
visit the Company's website at www.euronetworldwide.com.
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