EEFT 📈 Euronet Worldwide - Overview

Euronet Worldwide, Inc. is a leading global provider of payment and transaction processing solutions, offering a comprehensive range of services to financial institutions, retailers, service providers, and individual consumers. The company's operations are divided into three primary segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment delivers electronic payment solutions, including ATM and point-of-sale management, credit and debit card outsourcing, card issuing, and merchant acquiring services. Additionally, this segment provides a variety of value-added services, such as ATM and POS currency conversion, advertising, customer relationship management, mobile top-up, bill payment, and fraud management. It also offers integrated electronic financial transaction software solutions for payment and transaction delivery systems, enabling seamless and efficient transactions.

The epay segment is focused on the distribution and processing of prepaid mobile airtime and other electronic payment products. This segment provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. With a network of approximately 821,000 point-of-sale terminals, the epay segment plays a significant role in facilitating prepaid transactions worldwide. By offering a broad range of prepaid products and services, Euronet Worldwide, Inc. is able to cater to the diverse needs of its customers, including retailers, service providers, and individual consumers.

The Money Transfer segment offers a variety of services, including consumer-to-consumer and account-to-account money transfer, bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services. This segment also provides payment alternatives, such as money orders and prepaid debit cards, enabling customers to access a range of payment options. By providing these services, Euronet Worldwide, Inc. is able to facilitate cross-border transactions, support financial inclusion, and provide convenient payment solutions to its customers. With its global reach and comprehensive range of services, the company is well-positioned to capitalize on the growing demand for payment and transaction processing solutions.

Euronet Worldwide, Inc. has a long history, dating back to its founding in 1994. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Headquartered in Leawood, Kansas, the company has established itself as a leading player in the global payment and transaction processing industry. With its strong track record of innovation and customer service, Euronet Worldwide, Inc. is committed to delivering high-quality solutions to its customers, while also driving growth and expansion in the industry. The company's common stock is listed on the NASDAQ stock exchange under the ticker symbol EEFT, and its ISIN is US2987361092, with a GICS Sub Industry classification of Data Processing & Outsourced Services.