Acquisition of the aforesaid ATMs follows the November 2011 purchase of 116 from UkrSibbank and doubles its presence in the market, from Kiev to the other five cities in Ukraine.
The newly acquired machines, which are at convenient, high traffic, off-bank-premise locations, will be integrated into Euronet’s network.
The acquirer manages the only shared ATM network in the country and has agreements with five other Ukrainian banks for network participation.
The deal also includes a seven year agreement for the bank’s participation in Euronet’s shared network, which allows customers to use Euronet ATMs under the same terms and conditions as their own bank ATMs.
Euronet’s global payment network includes 17,370 ATMs, nearly 69,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 36 geographies.
