Euronet Expands Malaysian Market Presence with the Acquisition of MEPS ATM Terminals from PayNet
Euronet will acquire about 800 ATMs, making it the largest non-bank ATM terminal operator in Malaysia.
Our Electronic Funds Transfer (EFT) segment meets the needs of financial institutions and consumers through Euronet-owned and outsourced ATMs and POS terminals combined with value-added and transaction processing services. Recent announcements from our EFT segment are included below.
Euronet will acquire about 800 ATMs, making it the largest non-bank ATM terminal operator in Malaysia.
The collaboration will deliver an integrated acquiring solution to the Greek market, including the companies’ combined customer base of more than 285,000 merchants.
New expansion increases Euronet’s Independent ATM network footprint to 32 countries in Europe and 38 countries globally.
The move includes independent ATMs in the Philippines and acquisition of 500 non-branch ATMs from BPI
Joint venture also plans to own and deploy independent ATMs in the majority of the countries of Latin America
Euronet enables commerce at festivals, sporting events and other large events
The acquisition also includes a separately negotiated agreement for a long-term strategic partnership with the Bank for collaborative product distribution,
Collaboration with Jalin to manage digital payments in Southeast Asia