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, myaccountaccess.com allows acquirers to offer you foreign 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 in turn provides acquirers with an all new revenue stream.
“Providing Dynamic Currency Conversion services to our financial institution clients gives 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 marketplace by providing a targeted-strategy to a needed service.”
By providing traveling consumers with deciding on a completing transactions in the local currency or perhaps in their house currency, DCC makes conducting transactions for international travelers easier and much less intimidating. With DCC, individuals are immediately capable of see the detailed costs of their transactions instead of needing to wait for their monthly account statements. This permits for additional accurate budgeting and easier account balancing without surprises because of unknown fees.
“Experienced processors like Elan Financial Services understand the ever-growing need for ATM owners 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 supply their clients with this particular new value-added service.”
About Elan Financial Services. Elan Financial Services supplies a complete range of processing and payments services, including bank 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 longer 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 methods to banking 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 web-based-initiated consumer-to-consumer and business-to-business money transfer services, and electronic distribution of prepaid cellular phone time and other prepaid products.