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Euronet Pakistan, JS Bank to provide MasterCard & Visa Gateway Services

Thursday 28 March 2013 09:49 CET | News

Euronet Pakistan, a subsidiary of global provider of electronic payment and transaction processing services Euronet Worldwide, and financial services provider JS Bank have signed a gateway services agreement for VISA and MasterCard products.

Euronet operates three business lines, including the operation of ATMs and point of sale terminals through its Electronic Financial Transactions (EFT) Division; distribution and processing of prepaid and other virtual content products through its epay Division; and person-to-person money transfer and foreign exchange services through its Ria Money Transfer Division. According to the latest report, in 2011, Euronet has registered revenue of almost USD 1.2 billion and processed around two billion transactions across its ATM, prepaid and money transfer networks for more than 190 financial institutions, 200 mobile operators, almost 449,000 retailer and agent locations and millions of individual consumers worldwide.

JS Bank is part of JS Group. Since its inception, JS Bank has developed a network of over 185 branches across 100 cities and has a rating of A and A+ by the Pakistan Credit Rating Agency (PACRA). JS Bank offers a range of conventional banking solutions including retail, consumer, commercial and corporate banking, serving a growing customer base across Pakistan.
 


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Keywords: Euronet Pakistan, JS Bank, MasterCard, Visa, payments
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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