Euronet signs ATM outsourcing agreement with Citibank India

Monday 5 April 2004 18:58 CET | News

Euronet Worldwide, has signed a multiyear ATM outsourcing and deployment agreement with Citibank India in Mumbai.

Euronet will install 100 off premise ATMs for Citibank in major cities across India over the next six months. Euronet will select the sites, install the ATMs and all related equipment, drive the ATMs from Euronets operations center in Mumbai and provide all of the day-to-day outsourcing services. These services include comprehensive maintenance, network management and monitoring, security, cash forecasting and replenishment, help desk and full reconciliation and settlement services. Citibank is a member of Euronets Cashnet shared ATM network for its existing ATMs and these off premise ATMs will be added to the network. Cashnet is the largest nationwide ATM shared network in India today with more than 2,800 ATMs.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce