Euronet Worldwide, an electronic payments provider, has signed a long-term agreement for its first SEPA (Single Euro Payments Area) compliant cross-border transaction processing application in Central and Eastern Europe.
The contract was signed with OMV Refining & Marketing GmbH, a subsidiary of OMV Aktiengesellschaft, an oil and gas group in Central Europe.
“The OMV project is a strong confirmation of Euronet’s strategy to become the EFT provider of choice in the CEE region for multinational retailers and banks”, says Michael J. Brown, Euronet Worldwide chairman, CEO and president.
“The project leverages our existing local market knowledge, presence and operations. We are honored to have been chosen to work as a strategic partner on this project with a prestigious, market-leading company such as OMV.”