Euronet extends offering in India

CIOL: Euronet Services India Ltd. is planning to provide its online Data Recovery System to banks outside its ATM shared network, Cashnet, which includes 5,000 ATMs across India. Euronet expects to bring in new revenue from the decision, since most ATMs in Mumbai, India, that did not have DRS failed during the Mumbai floods. The company also is planning to upgrade its existing ATM infrastructure.

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