LEAWOOD, Kansas, May 31 (Bernama) — Euronet (NASDAQ: EFFT), a leading global financial technology solutions and payments provider, announced on 30 May 2024 the completion of the acquisition of the Malaysian Electronic Payment System (MEPS) ATM terminals of Payments Network Malaysia Sdn Bhd (PayNet), 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 (IAD) 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.