Euronet Doubles Bankcard Acceptance on Czech ATMs with Addition of Europay/MasterCard
Euronet Doubles Bankcard Acceptance on Czech ATMs with Addition of Europay/MasterCard
Euronet Doubles Bankcard Acceptance on Czech ATMs with Addition of Europay/MasterCardBudapest, Hungary – Euronet Services Inc. (Nasdaq: EEFT) has doubled the number of bankcards that can be used on its ATM network in the Czech Republic through an agreement with GE Capital Bank.
The agreement enables Euronet’s 56 ATMs in the Czech Republic to accept cards bearing the Europay or MasterCard logos. Euronet ATMs in the Czech Republic also accept Visa-branded cards. To date, there are an estimated one million Europay/MasterCard cards and one million Visa cards issued in the Czech Republic.
“Europay card acceptance is a very positive step that makes our ATMs accessible to a much wider group of cardholders and many more potential transactions,” said Miro Bergman, Euronet’s Managing Director for Central Europe. “In addition to the Czech Republic, we also have nearly universal card acceptance on our ATMs in Hungary, Poland, Germany, France, and the U.K. -- and we are getting close to reaching that goal in Croatia as well.”
Euronet Services Inc. is a global leader in the rapidly evolving arena of electronic financial transactions. The company provides banks and retailers with an advanced infrastructure for connectivity and transaction processing. It offers a complementary range of integrated transaction management software for the expanding array of electronic payment, transaction delivery, and e-commerce systems. Euronet Services operates the largest independent ATM network in Europe and is building a growing electronic transaction processing capacity in the United States. The company serves customers in more than 60 countries around the world.
The agreement enables Euronet’s 56 ATMs in the Czech Republic to accept cards bearing the Europay or MasterCard logos. Euronet ATMs in the Czech Republic also accept Visa-branded cards. To date, there are an estimated one million Europay/MasterCard cards and one million Visa cards issued in the Czech Republic.
“Europay card acceptance is a very positive step that makes our ATMs accessible to a much wider group of cardholders and many more potential transactions,” said Miro Bergman, Euronet’s Managing Director for Central Europe. “In addition to the Czech Republic, we also have nearly universal card acceptance on our ATMs in Hungary, Poland, Germany, France, and the U.K. -- and we are getting close to reaching that goal in Croatia as well.”
Euronet Services Inc. is a global leader in the rapidly evolving arena of electronic financial transactions. The company provides banks and retailers with an advanced infrastructure for connectivity and transaction processing. It offers a complementary range of integrated transaction management software for the expanding array of electronic payment, transaction delivery, and e-commerce systems. Euronet Services operates the largest independent ATM network in Europe and is building a growing electronic transaction processing capacity in the United States. The company serves customers in more than 60 countries around the world.