The company acquires U.S.-based Arksys, a leading developer of electronic payment and transaction solutions software for the IBM AS/400 platform, which is used by a majority of retail banks throughout the world. The acquisition positions Euronet to provide a continuum of electronic transactions products and services for ATMs, as well as POS systems, mobile banking, and Internet banking.

Euronet enters the U.K. ATM market in partnership with Woolwich plc and begins installing ATMs in off-branch locations such as convenience stores.

Euronet begins processing ATM transactions in France for Crédit Municipal de Nantes

Euronet connects to the Citishare switch, opening a transaction gateway to 35 million Citibank cardholders. The company signs new agreements with Citibank in Hungary and Poland, and Euronet ATMs for the first time accept deposits from Citibank cardholders in those countries.

1,000th ATM owned or operated by Euronet becomes operational.

BWR becomes Euronet's first ATM outsourcing customer in Poland. Euronet gradually assumes operation of the bank's ATMs.

Euronet ATMs begin processing transactions for cards issued by the Polish Association of Credit Unions (SKOK).

France's national transaction switch, GIE-Carte Bancaire, certifies Euronet to process transactions for ATMs in that country.

Euronet completes an international bond offering, raising $81 million in net proceeds. The company uses the funds for business expansion.

Euronet ATMs in Poland begin processing transactions for the PolCard bank consortium, expanding access to another 376,000 branded cards.

Germany's Service Bank outsources the operation of 96 additional off-branch ATMs to Euronet.

Monthly transactions on ATMs owned or operated by Euronet pass the 1 million mark.