Euronet Germany, a subsidiary of electronic financial provider Euronet Worldwide, has entered an agreement with UK-based financial services provider R3 Group for the placement of ATMs in several locations in Germany.

Under the agreement, ATM’s are set to be deployed in high-traffic locations such as Frankfurt, Düsseldorf and Hamburg Airports, Checkpoint Charlie in Berlin, Hamburg Central Station and UK Military Bases in 13 German cities. The ATMs are set to be Euronet-owned and operated as well as equipped with functionalities to allow for a full range of value-added services and products.

Each contract is 3-5 years in duration and includes 2-5 years of exclusivity for the provision of actual ATM devices, operations and management services.