Euronet announces ING ATM Network Participation deal in Spain
February 25 2019 - 4:05PM
Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic
payments provider, announces an agreement with ING Bank N.V.,
SUCURSAL EN ESPAÑA (“ING”) to provide ATM Network Participation
Services in Spain. Under the agreement ING will enjoy seamless
access to Euronet’s growing ATM Network in Spain, significantly
increasing ING customer reach in the off-site ATM market. By
partnering with Euronet, ING will add more than 2,000 ATMs to its
network.
Under the terms of the agreement, Euronet will ensure seamless
integration with ING, that will allow for a personalized user
experience for the bank’s customers, who will enjoy the same
look-and-feel and withdrawal-transaction flow. In addition, Euronet
will ensure proper ATM co-branding and signage implementations,
with the ING brand being visible throughout Euronet’s ATM network
in Spain.
The agreement demonstrates Euronet’s commitment to shared
Independent ATM/ADT Networks, which focuses on the rationalization
and expansion of the ATM network to benefit both Financial
Institutions (FI’s) and the end consumer. FI’s extend their digital
offerings to the physical world and enjoy immediate benefits with
an increased ATM footprint, with direct cost advantages, while
ensuring business continuity for their customer base. Consumers
enjoy cash services that are available on a 24x7 basis across the
country at a time and place of their convenience.
“We are excited to partner with ING, an innovative and
forward-looking financial institution, to enable our ATM Network
Participation Services, to the benefit of ING and ING’s customers.
With our unmatched investments in technology and a pan European
network that spans across 25 countries, we enable digital
connectivity between the digital consumer with the world of cash
and networked physical assets,” stated Nikos Fountas, Executive
Vice President and Chief Executive Officer, EMEA EFT Processing
Segment.
About ING
ING is a global financial institution with a
strong European base, offering banking services through its
operating company ING Bank. The purpose of ING Bank is empowering
people to stay a step ahead in life and in business. ING Bank’s
52,000 employees offer retail and wholesale banking services to
customers in over 40 countries.
ING Group shares are listed on the exchanges of
Amsterdam (INGA AS, ING.AS), Brussels and on the New York
Stock Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING’s
strategy, which is evidenced by the number one position among 395
banks ranked by Sustainalytics. ING Group shares are being included
in the FTSE4Good index and in the Dow Jones Sustainability Index
(Europe and World) where ING is among the leaders in the Banks
industry group.
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 40,354
ATMs, approximately 293,000 EFT POS terminals and a growing
portfolio of outsourced debit and credit card services which are
under management in 53 countries; card software solutions; a
prepaid processing network of approximately 719,000 POS terminals
at approximately 334,000 retailer locations in 45 countries; and a
global money transfer network of approximately 369,000 locations
serving 150 countries. With corporate headquarters in Leawood,
Kansas, USA, and 65 worldwide offices, Euronet serves clients in
approximately 165 countries. For more information, please visit the
Company's website at www.Euronetworldwide.com.
Contact: Euronet Worldwide,
Inc.
Stephanie Taylor T: 913.327.4200
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