Press Release

Euronet's e-pay Australia Subsidiary Signs Long-Term Prepaid Distribution Agreement with Vodafone Australia

LEAWOOD, KANSAS, USA and SYDNEY, AUSTRALIA — January 22, 2009 — Euronet Worldwide, Inc.'s ("Euronet" or the "Company") (NASDAQ: EEFT) prepaid subsidiary, e-pay Australia Pty. Ltd. ("e-pay"), announced today an exclusive long-term prepaid distribution agreement with Vodafone Australia ("Vodafone").

Vodafone has appointed e-pay as its exclusive agent in Australia to distribute Vodafone Prepaid Recharge products through retail channels.

 

e-pay shares a long-standing partnership with Vodafone and the exclusive agreement further strengthens their commitment to offer retailers greater certainty and long-term reliability for the supply of Vodafone Prepaid Recharge products.

 

Commenting on the agreement, Steve Bannigan, General Manager Consumer Sales at Vodafone Australia, said: "With its record of reliability and robust technology platform, we believe e-pay Australia is well placed to satisfy the needs of our retail partner community, which represents more than 12,000 points of presence."

 

"Vodafone continues to offer innovative prepaid services, and today's announcement is an important step forward with the e-pay distribution network making it very convenient and easy for customers to recharge their prepaid credit," added Bannigan.

 

"We are very pleased that Vodafone had the confidence in our service, operations and financial strength to enter into this exclusive long-term distribution agreement. Similar to other markets, we continue to add value and stability to our retailers' electronic payments products through innovative electronic distribution agreements," said Michael J. Brown, Euronet chairman and CEO.

 

The terms of the agreement between e-pay and Vodafone remain confidential.

 

About Vodafone

Vodafone is the world's leading international mobile communications group with over 260 million proportionate customers as of 31 March 2008. Vodafone currently has equity interests in 25 countries across five continents and a further 42 partner networks worldwide.

 

© Vodafone Pty Limited 2008: VODAFONE and the Vodafone logos are trade marks of the Vodafone Group. Other product and company names mentioned herein may be the trade marks of their respective owners.

 

About Euronet Worldwide, Inc.

Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, mobile operators and retailers which include comprehensive ATM, POS and Card outsourcing services; card issuing and merchant acquiring services; software solutions; consumer money transfer and bill payment services; and electronic distribution for prepaid mobile airtime and other prepaid products. Euronet operates and processes transactions from 43 countries.

 

Euronet's global payment network is extensive — including 10,384 ATMs and approximately 55,000 EFT POS terminals which are under management in 21 countries; a growing portfolio of outsourced debit and credit card services and card software solutions; a prepaid processing network of approximately 409,000 point-of-sale terminals across approximately 212,000 retailer locations in 14 countries; and a consumer-to-consumer money transfer network of approximately 73,000 locations serving approximately 100 countries. With corporate headquarters in Leawood, Kansas, USA, and 35 worldwide offices, Euronet serves clients in approximately 140 countries. For more information, please visit the Company's Web site at www.euronetworldwide.com.

 

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Contacts:

Media Contact:

Shruthi  Fielder (formerly Dyapaiah)
Euronet Worldwide, Inc.
+1-913-327-4225
sdyapaiah@eeft.com