Euronet Middle East Signs ATM Debit Cards Management Services Agreement with Barclays Bank


Dubai 11 July, 2007: Euronet Middle East (ENME), a leading financial outsourcing services provider in the Middle East and Gulf region, today announced its collaboration with the Dubai branch of Barclays Bank PLC (Barclays), a leading global financial service provider.

Under an agreement signed with Barclays, ENME will assist the Bank in driving its newly established ATM network, offering services which shall include providing and processing the Bank’s debit cards portfolio and the provision of gateway services to the Bank’s international networks with VISA and UAE Switch. ENME’s services will also include the provision of a comprehensive network management, 24x7 monitoring, security, help desk and full reconciliation and settlement services.

Euronet Middle East’s, General Manager, Mr. Mohamed Mousa said "We are delighted to provide Barclays Bank with a complete portfolio of services. The fact that Barclays Bank has chosen to use Euronet Middle East’s Services makes us very proud as it clearly demonstrates the company’s successful growth within the UAE market and its leadership as the preferred outsourcing partner for the banks within the Middle East and Gulf Region”.