The collaboration will deliver an integrated acquiring solution to the Greek market, including the companies’ combined customer base of more than 285,000 merchants.
Technology addition will bolster the capabilities of Euronet’s Ren payments platform with issuing and acquirer processing of eCommerce transactions.
The multi-year agreement will utilize Euronet’s Ren payments platform to enhance compliance, operational uptime, and technology adaptability at the bank in Ecuador.
The agreement includes using Euronet’s Ren payments platform to modernize card processing and issuing in Ecuador.
Euronet joins MasterCard programs in Latin America and the Caribbean.
Euronet’s payments platform will provide complete issuing services for a minimum of 250,000 prepaid cards and up to 10 million cards over the next 10 years.
Implementation will include enterprise payments services for card- and account-based transactions.
The Euronet-powered payments switch will serve as the financial foundation for an initial 44 of the 54 possible countries in