Euronet Worldwide is a US provider of electronic payment services with headquartered in Leawood, Kansas. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, and other electronic financial services.
Video Euronet Worldwide
History
The company was founded in 1994 and with headquartered in Leawood, Kansas by brothers-in-law Dan Henry and Mike Brown.
In 1998, Euronet purchased ARKSYS, a computer software company that specialized in electronic payment and transaction delivery systems.
On January 23, 2002, Euronet Worldwide announced the formation of a joint venture with Hong Kong-based First Mobile Group Holdings Limited.
In 2013, Euronet purchased Pure Commerce, giving it access to a suite of SaaS based applications. The following year, it acquired UK-based foreign exchange broker HiFX giving it access to cross border payment business in the UK, Australia and New Zealand.
Maps Euronet Worldwide
Company operation
It operates in three segments: electronic funds transfer (EFT) processing, prepaid processing, and money transfer.
- The EFT processing segment provides outsourcing and network services to financial institutions and mobile phone companies. This segment provided these services using a network of ATMs and POS terminals in Europe, Asia, and the Middle-East.
- The prepaid processing - ePay division distributes prepaid mobile airtime, and other prepaid products and collections services for various prepaid products, cards, and services. This segment operates in a network of locations in the United States, Europe, Africa, Asia Pacific, and the Middle-East. It also provides prepaid long distance calling card plans, prepaid internet plans, prepaid debit cards, and prepaid gift cards, as well as prepaid mobile content, such as ring tones and games.
- The money transfer segment provides global money transfer and bill payment services primarily in North America, the Caribbean, Europe, and Asia-Pacific.
See also
- List of companies involved with ATMs
- ATM Industry Association (ATMIA)
References
External links
2015 Annual Report, includes financial statements audited by KPMG
Source of the article : Wikipedia
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