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Euronet signs ATM outsourcing deal with Indian FI

October 24, 2006

LEAWOOD, Kan. - Electronic payments provider Euronet Worldwide Inc. has signed an ATM outsourcing deal with Corporation Bank in India for 915 ATMs.

According to a news release, Euronet will provide ATM outsourcing services, including ATM-network monitoring, help desk support, vendor management, cash forecasting, and software distribution services.

Corporation Bank has the second-largest ATM network among public sector banks in India and has been connected to Cashnet, the largest shared ATM network in India, since 2004.

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