Euronet Software Solutions, a division of leading electronic payments provider Euronet Worldwide, Inc. (Nasdaq:EEFT), today announced that Elan Financial Services, a U.S.-based transaction processor and payments services provider, has signed a binding agreement to implement Euronet’s Dynamic Currency Conversion (DCC) Solution.
Presented through ATM, POS and ecommerce touch points, https://www.mygiftcardsiteusa.com/myaccountaccess-com-login allows acquirers to provide currency exchange services to consumers who use foreign-issued debit or credit cards. With DCC, acquirers can expand their reach, broaden their interest global consumers and drive increased traffic to targeted touch points which provides acquirers with a new revenue stream.
“Providing Dynamic Currency Conversion services to our financial institution clients presents them a benefit in having the ability to better serve international travelers who use their ATMs,” said Troy Cullen, President of Elan Financial Services. “DCC will differentiate our clients in the market by offering a targeted-approach to a needed service.”
By providing traveling consumers with the choice of completing transactions in the local currency or perhaps in their home currency, DCC makes conducting transactions for international travelers easier and fewer intimidating. With DCC, individuals are immediately capable of look at the detailed costs of the transactions rather than having to wait around for their monthly account statements. This allows for further accurate budgeting and much easier account balancing without any surprises because of unknown fees.
“Experienced processors like Elan Financial Services comprehend the ever-growing necessity for ATM proprietors to provide innovative services to retain and extend their customer base,” said Cindy Ashcraft, Vice President, Euronet Worldwide and Managing Director, Euronet Software Solutions. “Being a leading global provider of DCC services including strategic consultation for max usage, Myaccountaccess Login is excited to partner with Elan to supply their customers using this new value-added service.”
About Elan Financial Services. Elan Financial Services provides a complete range of processing and payments services, including bank card issuing, prepaid card solutions and ATM and debit card processing. A leading bank card issuer, Elan also rarzrl transaction processing, terminal driving and monitoring and support services for more than 34,000 ATMs nationwide and supports more than 13 million ATM and debit cards. To learn more, visit www.elanfinancialservices.com.
About Euronet Worldwide, Inc. Euronet Worldwide is surely an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing methods to financial institutions, retailers, providers and individual consumers. These types of services include comprehensive ATM, POS and card outsourcing services, card issuing and merchant acquiring services, software programs, cash-based and internet based-initiated consumer-to-consumer and business-to-business money transfer services, and electronic distribution of prepaid cellular phone time and other prepaid products.