WASHINGTON, D.C.  20549
                                  FORM 10-K/A      
                                 Amendment No. 1      

                 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
                    OF THE SECURITIES EXCHANGE ACT OF 1934

                  For the fiscal year ended December 31, 1997
                       Commission File Number 000-22167

                             EURONET SERVICES INC.
          (Exact name of the Registrant as specified in its charter)

        (State of other jurisdiction of incorporation or organization)

                     (I.R.S. employer identification no.)

                                Horvat u. 14-24
                                 1027 Budapest
(Address and telephone number of the Registrant's principal executive offices)

Securities registered pursuant to Section 12(b) of the Act:  None
Securities registered pursuant to Section 12(g) of the Act:  Common Stock, $0.02
par value

     Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.  Yes [X]   No [_]

     Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of the Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [_]

     At December 31, 1997, the Registrant had 15,133,321 shares of common stock
(the "Common Stock") outstanding, and the aggregate market value of the Common
Stock held by non-affiliates of the Registrant was approximately $73,603,000.
The aggregate market value was determined based on the average bid and ask
prices of the Common Stock on December 31, 1997.




     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

                                       EURONET SERVICES INC.

Date:  March 31, 1998                  /s/ Daniel R. Henry
                                       Daniel R. Henry

     Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.

Signature Title Date /s/ Michael J. Brown Chairman of the Board of Directors, March 31, 1998 - ------------------------------------ Chief Executive Officer and President Michael J. Brown (principal executive officer) /s/ Daniel R. Henry Director and Chief Operating Officer March 31, 1998 - ------------------------------------ Daniel R. Henry /s/ Steven J. Buckley Director March 31, 1998 - ------------------------------------ Steven J. Buckley /s/ Eriberto R. Scocimara Director March 31, 1998 - --------------------------- Eriberto R. Scocimara /s/ Andrzej Olechowski Director March 31, 1998 - ------------------------------------ Andrzej Olechowski /s/ Thomas A. McDonnell Director March 31, 1998 - --------------------------- Thomas A. McDonnell
Signature Title Date /s/ Nicholas B. Callinan Director March 31, 1998 - --------------------------- Nicholas B. Callinan /s/ Bruce Colwill Chief Financial Officer and Chief March 31, 1998 - --------------------------- Accounting Officer (principal financial Bruce Colwill officer and principal accounting officer)