Euronet Services SRL, a Romanian subsidiary of Euronet Worldwide, has purchased 200 ATMs from Banca Comercial? Carpatica, increasing its current ATM fleet in Romania to 400 devices.
Additionally, Banca Comercial? Carpatica has signed an agreement to participate in Euronet’s shared ATM network and a contract for point of sale (POS) acquiring and card issuing services.
According to Euronet, five banks will also participate in its shared ATM network which now covers all 41 counties in Romania.
The acquired in-branch ATMs will be co-branded with Euronet, while the off-branch Banca Comercial? Carpatica ATMs will be rebranded to Euronet.
Banca Comercial? Carpatica CEO, Johan Gabriels, said: "This agreement not only doubles the size of the network but also increases the level of service quality, with increased network uptime and best-of-breed ATM locations.
"We are confident that this project will benefit the Romanian market. Together with Euronet – a provider with extensive expertise in the field – we will continue to offer leading solutions in Romania."
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By GlobalData