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Euronet and Jalin Awarded Best Retail Payment Technology in Asia by The Asian Banker
Euronet and Jalin are honored for powering one of Asia’s most ambitious multi-channel payment transformations JAKARTA, Indonesia, June 30, 2025 (GLOBE
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[{"type":"text","content":"Euronet and Jalin are honored for powering one of Asia’s most ambitious multi-channel payment transformations\nJAKARTA, Indonesia, June 30, 2025 (GLOBE NEWSWIRE) -- PT Jalin Pembayaran Nusantara (Jalin), a subsidiary of Indonesia’s state-owned holding company Danareksa and one of Indonesia's Central Payment Infrastructures, and Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, have been awarded the \"Best Retail Payment Technology Initiative in Asia Pacific\" at the Asian Banker Global Financial Technology Innovation Awards 2025. The award acknowledges the companies’ groundbreaking efforts in modernizing Indonesia’s national payment infrastructure—one of the most ambitious and complex projects of its kind in the Asia Pacific region. Jalin selected Euronet’s Ren Payments Platform to modernize its payment processing environment, which powers a wide range of services delivered through member banks to millions of Indonesians. These include interbank ATM cash withdrawals and deposits, interoperable Point-of-Sale (POS) and QR code transactions, and support for regional interoperability through ASEAN's cross-border QR payment initiative. A key highlight of this initiative was also the consolidation of the ATM networks of Indonesia’s four state-owned banks—BRI, BNI, Bank Mandiri, and BTN, collectively known as the Himbara group—into a single nationwide platform under the ATM Link brand. This platform, operated by Jalin and powered by Euronet’s ATM software and payments switch, represents a strategic shift toward shared infrastructure to boost operational efficiency, reduce capital expenditures and foster greater focus on customer innovation. “This award is a testament to the strength of our collaboration and the transformative power of the Ren Payments Platform,” said Sundeep Rawal, Managing Director, Euronet Indonesia. “By delivering a scalable, real-time, and cloud-native system, we’ve helped create a truly modern and inclusive payment ecosystem for Indonesia. What sets the Ren platform apart is its versatility to handle a wide spectrum of services across ATMs, POS terminals, QR code transactions and cardless payments—all within a single, unified infrastructure. This allows our partners to simplify operations, drive innovation faster and serve customers more efficiently across both physical ...