LEAWOOD, Kansas-Electronic payments provider Euronet Worldwide Inc. will acquire E-pay Ltd., an electronic payment processor of prepaid mobile airtime top-up services in the United Kingdom and Australia.
Euronet currently supports top-up services for 16 wireless carriers in nine countries including Hungary, Poland, Czech Republic, Croatia, Romania, Slovakia, Egypt, India and Indonesia, and the acquisition of e-pay will expand those services.
“The acquisition of this profitable and successful organization fits nicely within our strategy of growing our electronic financial transaction processing business, and it is accretive to shareholders,” said Michael Brown, Euronet’s chairman and chief executive officer.
