Euronet Worldwide
From Wikipedia, the free encyclopedia
| Euronet Worldwide, Inc. | |
|---|---|
| Type | Public (NASDAQ: EEFT) |
| Founded | 1994 |
| Headquarters | Leawood, Kansas |
| Key people | Michael J. Brown (CEO), Kevin J. Caponecchi, Daniel R. Henry |
| Industry | Financial Services, Electronic funds transfer, Retail |
| Revenue | $917.5 million (2007) |
| Operating income | $64.9 million (2007) |
| Net income | ▲ $53.5 million USD (2007) |
| Total assets | $1.886 billion (2007) |
| Total equity | $723.9 million (2007) |
| Employees | 2,500 |
| Website | www.euronetservices.com |
Euronet Worldwide, EEFT (Nasdaq), is a global provider of electronic payment services. It offers automated teller machines (ATM), point of sale (POS) services, credit/debit card services, and other electronic financial services.[1] The company was founded in 1994 and is headquartered in Leawood, Kansas by brothers-in-law Dan Henry and Mike Brown.
In 1998, Euronet purchased ARKSYS, a computer software company that specialized in electronic payment and transaction delivery systems.[2]
[edit] Company operation
It operates in three segments: electronic funds transfer (EFT) processing, prepaid processing, and money transfer.[1]
- The EFT processing segment provides outsourcing and network services to financial institutions and mobile phone companies. This segment provided these services with a network of approximately ATMs and POS terminals in Europe, Asia, and the Middle-East.
- The prepaid processing segment distributes prepaid mobile airtime, and other prepaid products and collections services for various prepaid products, cards, and services. This segment operates in a network of locations in the United States, Europe, Africa, Asia Pacific, and the Middle-East. It also provides prepaid long distance calling card plans, prepaid internet plans, prepaid debit cards, and prepaid gift cards, as well as prepaid mobile content, such as ring tones and games.
- The money transfer segment provides global money transfer and bill payment services primarily in North America, the Caribbean, Europe, and Asia-Pacific.
[edit] References
- ^ a b EEFT - Profile, Yahoo! Finance, Retrieved on May 14, 2008
- ^ Euronet to Expand Business and Product Line by Acquiring ARKSYS, Euronet - Press Release, Retrieved on May 14, 2008
