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 contract to implement Euronet’s Dynamic Currency Conversion (DCC) Solution.
Presented through ATM, POS and ecommerce touch points, Elan Credit Card Login allows acquirers to offer you currency exchange services to consumers who use foreign-issued debit or credit cards. With DCC, acquirers can expand their reach, broaden their appeal to global consumers and drive more visitors to targeted touch points which provides acquirers with a new revenue stream.
“Providing Dynamic Currency Conversion services to our financial institution clients gives them an edge in having the capacity 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-method of a needed service.”
By providing traveling consumers with deciding on a completing transactions in the local currency or in their house currency, DCC makes conducting transactions for international travelers much simpler and much less intimidating. With DCC, consumers are immediately in a position to view the detailed costs of the transactions instead of being forced to watch for their monthly account statements. This permits for additional accurate budgeting and simpler account balancing without surprises as a result of unknown fees.
“Experienced processors like Elan Financial Services understand the ever-growing need 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 maximum usage, https Myaccountaccess Activate is excited to partner with Elan to provide their clientele using this new value-added service.”
About Elan Financial Services. Elan Financial Services offers a complete range of processing and payments services, including charge card issuing, prepaid card solutions and ATM and debit card processing. A leading charge card issuer, Elan also rarzrl transaction processing, terminal driving and monitoring and support services for over 34,000 ATMs nationwide and supports greater than 13 million ATM and atm cards. For additional information, visit www.elanfinancialservices.com.
About Euronet Worldwide, Inc. Euronet Worldwide is definitely an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing answers to finance institutions, retailers, companies and individual consumers. These facilities include comprehensive ATM, POS and card outsourcing services, card issuing and merchant acquiring services, software solutions, cash-based and internet based-initiated consumer-to-consumer and business-to-business money transfer services, and electronic distribution of prepaid cell phone time and other prepaid products.