Onnipro Partners with Euronet to Enhance Card Issuing and Payment Processing in Brazil
Euronet Worldwide, Inc. (EEFT)
Last euronet worldwide, inc. earnings: 4/28 09:00 pm
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Source: GlobeNewswire
LEAWOOD, Kan., June 19, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the signing of an agreement with Onnipro, a subsidiary of the Onnitech Group, with headquarters in Sao Paulo, Brazil. Onnipro will leverage Euronet's Ren payments platform (Ren) to expand its card issuing capabilities to support open-loop card programs and processing through the Visa and Mastercard networks as part of this multi-year agreement. Onnipro, the card processor for Brazil's largest employee benefits company with more than 12 million customers, is set to revolutionize its operations with Ren. By meeting the regulatory and network requirements for open-loop card programs, Onnipro can offer expanded benefit card capabilities to existing and new customers. This move will streamline its card-issuing operations and position Onnipro for future growth and innovation. Ren's global card issuing and processing expertise is
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