Euronet announced the completion of the acquisition of the Malaysian Electronic Payment System, MEPS, ATM terminals of Payments Network Malaysia, the national payments network and central financial infrastructure for Malaysia. This acquisition enhances Euronet’s role as the largest non-bank operator of ATM terminals in Malaysia. The integration of this nationwide network of about 800 ATM terminals into Euronet’s existing independent ATM deployer network will benefit from Euronet’s industry-leading Ren payments platform. This expansion ensures secure, reliable 24/7 cash access for millions of customers across Malaysia, strengthening its commitment to serving both urban and rural areas.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EEFT:
- Euronet Expands Malaysian Market Presence with the Acquisition of MEPS ATM Terminals from PayNet
- Euronet upgraded to Peer Perform on increasing diversification at Wolfe
- Euronet upgraded to Peer Perform from Underperform at Wolfe Research
- Euronet price target raised to $136 from $126 at DA Davidson
- Euronet reports Q1 adjusted EPS $1.28, consensus $1.04
