Business
Euronet to Increase Visibility for Its Ren Payments Platform in Latin America and the Caribbean Through Mastercard Engage and Fintech Express Programs
LEAWOOD, Kan., June 27, 2023 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today
About this update from Euronet Worldwide, Inc.
[{"type":"text","content":"LEAWOOD, Kan., June 27, 2023 (GLOBE NEWSWIRE) -- 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 abo...