Euronet Worldwide, Inc. announced it has signed a long-term ATM network
participation agreement with Bank Przemyslowo-Handlowy PBK (BPH PBK), the
third largest bank in Poland, which is owned by the second largest bank in
Germany, HypoVereinsbank AG (HVB).
Starting Dec. 20, 2002, BPH PBK’s 2.6 million customers will be able to
use any of Euronet’s 430 ATMs throughout Poland without being charged
additional fees. This agreement increases the bank’s ATM network from 720
ATMs owned by BPH PBK to a total of 1,150 ATMs.
Transactions by BPH PBK customers on Euronet ATMs will be switched
directly to the bank for authorization and settlement. The bank has agreed
to monthly transaction minimums and will pay a fixed fee per transaction
“Our agreement with Euronet sets new standards of convenience, allowing
our customers access to a larger number of ATMs without the necessity to
raise additional commissions,” said Jozef Wancer, BPH PBK president of the
Additionally, BPH PBK will offer its customers new types of banking and
payment services, such as Euronet Mobile Recharge. With this service, BPH
PBK customers will be able to check their bank balances and recharge their
prepaid mobile phones by sending short message service (SMS) messages
directly from their mobile phones. Registration for the mobile recharge
service is possible through both Euronet and BPH PBK ATM networks. All
mobile operators in Poland-Centertel, Plus and Era-have contracts with
Euronet for Euronet Mobile Recharge, guaranteeing that any prepaid mobile
customer can participate if they are a BPH PBK customer.
“BPH PBK holds a very strong position in the region, and we are pleased to
provide BPH PBK customers additional ATM accessibility in multiple
locations,” said Michael J. Brown, Euronet Worldwide chairman and CEO.
“Euronet’s ATM network participation and mobile recharge offering gives
the bank a quick-to-market solution, enabling them to better contend in
Poland’s competitive marketplace.”
About Euronet Worldwide
Euronet Worldwide is an industry leader in providing secure electronic
financial transaction solutions. The company offers financial payment
middleware, financial network gateways, outsourcing and consulting
services to financial institutions and mobile operators. These solutions
enable their customers to access personal financial information and
perform secure financial transactions – any time, any place. The company
has processing centers located in the United States, Europe and Asia, and
owns and operates the largest independent ATM network in Europe,
consisting of 2,964 ATMs in nine European countries. With corporate
headquarters in Leawood, Kansas, USA, and European headquarters in
Budapest, Hungary, Euronet serves more than 200 clients in 60 countries.
Visit our web site at www.euronetworldwide.com.
About BPH PBK
BPH PBK owns a network of more than 500 branches throughout Poland, and
has 2.6 million customers. It is a universal, market-oriented bank. It
flexibly responds to the changing needs of customers, adjusting the scope
and quality of the offer to their expectations, and promoting complex
services. The bank serves both individual and institutional customers-both
private companies and public sector entities. It is also an active and
innovative institution on international markets. The bank’s offer is
composed of modern products and services related to credits, deposits and
settlements. Customer service is held in branches and through intensively
developed alternative distribution channels, such as Internet banking and
telephone banking. Visit our web site at www.bphpbk.pl.