Euronet's REN™ Ecosystem to Drive Digital Growth Strategy and Modernization of Payments Systems for Cosmos Bank in India
LEAWOOD, Kan., Dec. 17, 2020 — Euronet India Services Pvt. Ltd, a division of leading global financial technology solutions and payments provider Euronet Worldwide, Inc., (NASDAQ: EEFT), announced today it has migrated Cosmos Bank in India to the modern processing technologies of Euronet’s REN Ecosystem.
Cosmos Bank, the second largest co-operative community bank in India with more than 114 years of service, selected Euronet to drive the next level of its digital growth strategy. To achieve the project goals, Euronet implemented an on-demand “pay as you grow” services model for powering the bank‘s card-based and real time account-based payment services.