Euronet Acquires PayNet Romania

Euronet Worldwide, Inc.

announces the acquisition of Smart PayNetwork S.A. (PayNet). PayNet provides integrated ATM outsourcing services, card issuing and acquiring and POS merchant servicing solutions to financial institutions in Romania. With 44 employees, PayNet operates 720 ATMs and 1,700 POS terminals and manages approximately 540,000 cards. PayNet processes approximately 15 million card transactions annually and is a certified VISA and MasterCard service provider. “We have proven ourselves leaders in delivering value, convenience and innovation to banking in Central and Eastern Europe. The acquisition of PayNet, combined with our recent deployment of the first independently owned ATM network in Romania, demonstrates Euronet's continued focus on exciting growth opportunities in this market,” stated Nikos Fountas, Senior Vice President and Managing Director, Europe EFT Processing Segment.