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NATIONAL SWITCHES

Stabilize Now and Innovate Forever with REN

REN empowers national switches to manage the day-to-day operations of participant banks and businesses through an adaptable and secure solution.

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REN

Improve Infrastructure and Enhance All Areas of the Payments Experience

The adaptability of the REN platform and solutions are architected to manage current and emerging trends and transactions in the evolving payments ecosystem. With this broad set of capabilities, REN presents two options when addressing the complex development of a national switch:
  • A transitional platform for modernization when a legacy system is nearing end of serviceable life,
  • Or a new system built from the ground up to accommodate Open Banking initiatives and other payment innovations.
With either option, REN provides flexibility and the architecture required to cost effectively scale to an unlimited number of users with advanced services from core transaction processing to ATM and POS driving, mobile top up, bill payments, digital wallets and more.
Banco De Mozambique
Euronet recently launched its REN solution for Banco de Moçambique. Delivered through Sociedade Interbancária de Moçambique (SIMO), REN modernizes Mozambique’s national payment network and will help SIMO offer innovative payment solutions to member banks and their customers. Read the press release for more information.