Euronet to Increase Visibility for Its Ren Payments Platform in Latin America and the Caribbean Through Mastercard Engage and Fintech Express Programs
27 Junho 2023 - 10:00AM
Euronet (NASDAQ: EEFT), a leading global financial technology
solutions and payments provider, today announced it is joining the
Mastercard Fintech Express and Mastercard Engage programs in Latin
America and the Caribbean (LAC), which connect fintech businesses
with qualified service providers and accelerate the launch of new
card programs.
The partnership will help promote Euronet’s Ren payments
platform and its issuing, acquiring and real-time payments
capabilities to FinTechs and financial institutions in the region
while also re-enforcing Euronet’s commitment to delivering advanced
payment solutions on a global scale and specifically within the LAC
region.
"We are incredibly excited to join Mastercard Fintech Express to
serve as a BIN sponsor and issuer processor, " said Oscar Muñoz,
Vice President of Sales for the Americas at Euronet. "We are one of
just two providers extending services beyond the LAC region,
emphasizing our dedication to worldwide expansion, innovation and
our position as a leading payment solutions provider in the
industry."
Fintech Express assists FinTechs in simplifying the launch of
new card programs by offering adaptable licensing frameworks
through a single point of contact with in-market experience and
best practices and a global network of experts to facilitate fast
times to market and scaling. Through the Mastercard Engage program,
qualified partners can support customers in quickly building and
deploying new value propositions at scale to shape the future of
payments.
Euronet provides Ren and its payments processing capabilities to
customers through their choice of a public cloud or Euronet’s
private cloud network. Additionally, the company offers Mastercard
sponsorship to ensure the success of regional or global card
programs.
"As a Mastercard Fintech Express partner, we are uniquely
positioned to provide our LAC clients with access to a world-class
platform in Ren that is tailored to their needs," Muñoz said. "We
are confident that our platform’s features, including 100% uptime
by design, microservices-based architecture and full API exposure
as well as our ability to sponsor agile clients as affiliates for
the global Mastercard brand, will empower our clients to thrive in
the rapidly evolving payments landscape."
For more information about Ren and company contact information,
visit the Ren website at www.renpayments.com.
About the Ren Payments Platform
Ren is an end-to-end payments platform
from Euronet that breaks architectural paradigms to keep
pace with global payment trends. In addition to processing billions
of transactions per year for Euronet, Ren’s technology is
utilized by third parties for integration into their business
applications to offer issuing, acquiring and real-time payment
services with total freedom in commercial and technological terms.
From banking and FinTechs to retailers and gaming properties, a
wide range of industries benefit from Ren’s cloud-ready,
microservices-based architecture — in addition to its flexible
pricing models and customer-centric solutions. Learn more
at www.renpayments.com.
About Euronet
Starting in Central Europe in 1994 and growing to a
global real-time digital and cash payments network with millions of
touchpoints today, Euronet now moves money in all the
ways consumers and businesses depend on. This includes money
transfers, credit/debit processing, ATMs, point-of-sale services,
branded payments, currency exchange and more. With products and
services in more than 200 countries and territories provided
through its own brand and branded business
segments, Euronet and its financial technologies and
networks make participation in the global economy easier, faster,
and more secure for everyone.
A leading global financial technology solutions and
payments provider, Euronet has developed an
extensive global payment network that includes 51,510
installed ATMs, approximately 618,000 EFT POS terminals and a
growing portfolio of outsourced debit and credit card services
which are under management in 65 countries; card software
solutions; a prepaid processing network of approximately 799,000
POS terminals at approximately 344,000 retailer locations in 63
countries; and a global money transfer network of approximately
528,000 locations serving 190 countries and
territories. Euronet serves clients from its corporate
headquarters in Leawood, Kansas, USA, and 67 worldwide
offices. For more information, please visit the Company’s website
at www.euronetworldwide.com.
Euronet Contact
Stephanie Taylor
Director of Financial Planning and Investor Relations
+1-913-327-4200
Euronet Worldwide (NASDAQ:EEFT)
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