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Article: Euronet and Raiffeisenbank Austria Close ATM Sale and Services Agreement.
- Article from:
- PR Newswire
- Article date:
- November 15, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. 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., Nov. 15 /PRNewswire/ -- Euronet Services Inc. (Nasdaq: EEFT) announced that it has sold its network of 80 ATMs in Croatia to Raiffeisenbank Austria d.d. of Zagreb, Croatia ("RBA"), and entered into a 15-year services agreement to operate the ATMs for RBA.
Under the agreement, the ATMs will be rebranded under RBA's name, and Euronet will provide comprehensive operating services for the ATMs, including monitoring, transaction processing, and maintenance services.
The services agreement also establishes a cooperative arrangement under which Euronet and RBA will develop new, value-added services for RBA customers and other cardholders who ...