Payments
Euronet partners with Prosegur Cash for IAD network in Peru, Dominican Republic
April 23, 2025
Euronet partnered with Prosegur Cash to launch its independent ATM network in Peru and the Dominican Republic. Through this partnership, the companies aim to launch independent ATMs and ATM-as-a-service for banks in the region, according to a press release.
The ATMs will be branded as LATM and will be sponsored by Banco Alfin in Peru and Banco BHD in the Dominican Republic. Euronet will provide its Ren payment platform and ATM management services alongside Prosegur's cash management and hardware services.
"We are thrilled with the launch of our first markets with Independent ATM Networks in Latin America through our joint venture with Prosegur Cash," Nikos Fountas, Euronet EVP and CEO EFT Americas, Europe, Middle East and Africa, said in the release. "This joint venture positions us for rapid growth in the region. We are confident that we will achieve a rapid pace of ATM deployment in these countries based on well-established local partnerships backed by our global processing centers. The deployment of our IAD in the region is also an excellent platform for providing ATM As-a-Service to banks and financial institutions."
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Euronet Software Solutions
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Euronet Software Solutions, a division of Euronet Worldwide, is an industry leader in electronic transaction processing, providing solutions to financial institutions, retailers, service providers and consumers. Our solutions include Real-time Payment Hubs, ATM Fleet Management, as well as Credit, Debit, & Prepaid Card and Merchant Management.
