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 an agreement to implement Euronet’s Dynamic Currency Conversion (DCC) Solution.
Presented through ATM, POS and ecommerce touch points, https Myaccountaccess Activate allows acquirers to offer you foreign currency exchange services to consumers who use foreign-issued debit or charge cards. With DCC, acquirers can expand their reach, broaden their interest global consumers and drive increased traffic to targeted touch points which in turn provides acquirers with a new revenue stream.
“Providing Dynamic Currency Conversion services to our loan provider clients gives them a benefit in having the ability to more efficiently serve international travelers who use their ATMs,” said Troy Cullen, President of Elan Financial Services. “DCC will differentiate our clients in the industry by offering a targeted-method of a needed service.”
Through providing traveling consumers with deciding on a completing transactions inside the local currency or perhaps in their home currency, DCC makes conducting transactions for international travelers much easier and much less intimidating. With DCC, consumers are immediately capable of view the detailed costs of the transactions as opposed to having to watch for their monthly account statements. This enables for further accurate budgeting and much easier account balancing without any surprises as a result of unknown fees.
“Experienced processors like Elan Financial Services understand the ever-growing requirement 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. “As a leading global provider of DCC services including strategic consultation for max usage, Myaccountaccess Login is excited to partner with Elan to offer their clientele using this new value-added service.”
About Elan Financial Services. Elan Financial Services provides a complete range of processing and payments services, including credit card issuing, prepaid card solutions and ATM and debit card processing. A leading credit card issuer, Elan also rarzrl transaction processing, terminal driving and monitoring and support services for more than 34,000 ATMs nationwide and supports greater than 13 million ATM and atm cards. For more information, 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 solutions to banking institutions, retailers, companies and individual consumers. These services include comprehensive ATM, POS and card outsourcing services, card issuing and merchant acquiring services, software solutions, cash-based and web-based-initiated consumer-to-consumer and business-to-business money transfer services, and electronic distribution of prepaid cell phone time as well as other prepaid products.