BUDAPEST, Hungary-Euronet Services Inc. said it signed an agreement with EuroTel, a Global System for Mobile communications wireless service provider in the Czech Republic, allowing consumers to purchase prepaid mobile phone vouchers at Euronet ATMs in the Central European country.
The agreement will allow EuroTel customers to buy several denominations of prepaid mobile phone vouchers by using their bank cards at 56 Euronet ATMs. Euronet noted that customers’ accounts are debited automatically for the voucher only, with no additional transaction fee.
“The exploding growth of the mobile-phone industry-and particularly of the prepaid phone sector-in Central Europe makes this ATM voucher service a natural for innovative GSM service providers in this region,” said Michael Brown, chairman and chief executive officer of Euronet Services.
Euronet also offers similar services in conjunction with ERA GSM in Poland and Pannon GSM in Hungary.
Service in the Czech Republic is expected to begin this summer.
