News

Euronet expands IAD network to three new countries

July 10, 2011

Euronet Worldwide Inc., a payment and transaction processing solutions company, today announced the expansion of its network of IADs from five to eight countries. Euronet's IAD markets now include Romania, Greece and Croatia.

The five previously existing markets are Poland, Germany, Czech Republic, Ukraine and Bulgaria.

"In addition to geographic diversity, Euronet's IAD strategy goes beyond best-of-breed locations to include state-of-the-art infrastructure and innovative value-added services," said Nikos Fountas, managing director of Euronet's EFT Europe Division. "Good sites are only effective when backed up by operational excellence — such as ATM up-time, which is guaranteed by stringent service level agreements along the entire ATM supply chain."

The total number of Euronet's owned, operated and managed ATMs in Europe, Asia and the Middle East is 11,055 as of March 2011.