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Article: Euronet's Transact Subsidiary Signs Prepaid Agreement With Aral AG, Germany's Largest Operator of Petrol Stations.
- Article from:
- Business Wire
- Article date:
- April 30, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LEAWOOD, Kan. & MUNICH, Germany -- Euronet Worldwide, Inc.'s ("Euronet" or the 'Company") (NASDAQ:EEFT) prepaid subsidiary, Transact, today announced a prepaid agreement with Aral AG ("Aral"), Germany's largest operator of petrol stations. Aral is a wholly-owned subsidiary of Deutsche BP AG, the German subsidiary of the British mineral oil group BP plc.
Under the agreement, Transact will be the technical partner providing electronic top-up (e-top-up) solution for prepaid mobile airtime and other predetermined prepaid products at Aral company-owned and franchised stations in Germany. The agreement with Aral is a significant win for Euronet in the petrol-retail ...