LEAWOOD, KANSAS and MUMBAI, INDIA — October 23, 2006 — Euronet Worldwide Inc. (Nasdaq: EEFT), a leading electronic payments provider, today announced an ATM outsourcing agreement with Corporation Bank in India for 915 ATMs. Established in 1906, Corporation Bank has a well-established network of 853 branches and 6.5 million customers across the country.

Under the agreement, Euronet will provide ATM outsourcing services, including 24x7 monitoring, help desk, vendor management, cash forecasting and software distribution along with various field maintenance services to Corporation Bank. These services will contribute to Corporation Bank's delivery of a high quality brand experience to its customers transacting at the bank's 915 ATMs across the country. Euronet will not be providing transaction processing services for Corporation Bank's ATMs initially. However, the Company expects to expand the breadth of its services to the bank over time.

"Euronet's outsourcing model provides us with the flexibility and operational excellence we demand," said B.R. Bhat, General Manager, Corporation Bank. "Our existing relationship with Euronet through their Cashnet shared ATM network proved to Corporation Bank that we can successfully and quickly allocate ATM outsourcing services to Euronet. Partnering with Euronet enables the bank to concentrate on investing more resources to maintain our standing as a leading public sector bank providing high quality and innovative services to our customers."

Corporation Bank has the second largest ATM network among the Public Sector Banks in India and continues to expand its network to provide more convenience for its large customer base. The bank has been connected to Cashnet since January 2004. Cashnet is the largest shared ATM network in India, operated by Euronet with more than 6,000 ATMs across the country. Euronet India also provides other services to the bank, including international card gateway services and value added network services in the form of real-time mobile phone recharge and post paid bill payment through ATM and SMS channels.

"We are very pleased to sign our first Public Sector Bank in India for ATM outsourcing services. Corporation Bank is well-known for its excellence within the Indian banking community and we look forward to assisting them in their endeavor to provide high quality services to their customers," said Anthony R. Grandidge, Euronet Worldwide Senior Vice President and Managing Director, Asia Pacific Region. "Our partnership with Corporation Bank further strengthens our position in the market as a leading ATM services provider. The continued strides made in our Indian operations are a strong testament to the opportunities available in the Asia-Pacific region for Euronet to expand."

About Euronet Worldwide

Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers outsourcing and consulting services, integrated EFT software, network gateways, electronic prepaid top-up services to financial institutions, mobile operators and retailers, as well as electronic consumer money transfer and bill payment services. Euronet operates and services the largest pan-European group of ATMs and operates the largest Indian shared ATM network. Euronet is also one of the largest providers of prepaid processing, or top-up services, for prepaid mobile airtime. The Company is a licensed electronic money transmitter and bill payment company via Euronet Payments and Remittance, Inc. The Company has processing centers located in the U.S., Europe and Asia, and processes electronic top-up transactions at more than 259,000 point-of-sale terminals across approximately 150,000 retailers in Europe, Asia Pacific, Africa and the U.S. With corporate headquarters in Leawood, Kansas, USA, and 25 worldwide offices, Euronet serves clients in more than 80 countries. Visit the Company's web site at www.euronetworldwide.com.

About Corporation Bank

Established in the year 1906, Corporation Bank is an organization based on the traditional Indian values of service to the community. Corporation Bank is regarded as one of the well-run Public Sector Banks in India with an enviable track record of uninterrupted profit since inception. The Bank has a unique history of over 100 years of successful Banking and has stood the test of time by growing steadily, offering vast, varied and versatile services with a personal touch. Today, its good customer service, pre-eminent track record in House Keeping, adherence to Prudential Accounting norms, and adoption of modern technology for the betterment of customer service have earned the Bank a place of pride in the Banking Community. The Bank has been richly endowed with a relatively young, dynamic and efficient manpower, which is the key factor of the Bank's success. Excellence in performance and uniqueness in customer service form the central core of the Bank's organizational culture. The Bank has over 1800 service outlets in 23 states & two union territories with presence in almost all top 100 centers in the country. With over 900 ATMs, it has the second largest network of ATMs amongst Public Sector Banks. Ninety six percent of the Bank's business is covered by its Core Banking Solution. The growing confidence of its clientele is well reflected in the Bank's performance in all critical areas of its operations through the years. Visit www.corpbank.com for more information.