Euronet Worldwide, a leading provider of secure electronic financial transaction solutions, is teaming with Inteligo Financial Services S.A. and Bankgesellschaft Berlin (Polska) S.A. to provide debit card services for an estimated 150,000 Inteligo Internet and mobile banking clients in the next 18 months.
“Konto Inteligo” is Poland’s newest remote banking brand. With the backing of Bankgesellschaft Berlin (Polska) S.A. (a fully owned subsidiary of Bankgesellschaft Berlin AG), Inteligo has aggressive plans to expand service offerings throughout neighboring countries. It is the second bank in Poland to use Euronet’s debit card outsourcing services. The outsourcing program supported by Euronet’s operation center includes debit card, charge card and credit card management capabilities; low up-front investment cost, flexibility and speed to market. This debit card outsourcing program enables Inteligo’s clients to access their accounts from Euronet ATMs across Poland.
Euronet’s outsourcing program enables the issuance of the VISA Electron cards, authorizes financial transactions and provides access to VISA network gateway services. Through remote terminal access, daily transactions of Inteligo account holders will be monitored in the system, enabling the Bank to retain customer service functions in its own call center. The outsourcing program also provides direct access to all relevant client information for Inteligo’s consultants.
“Euronet has helped us to build the infrastructure required to support our card operations in a very short period of time,” said Grzegorz Dlugosz, Retail Banking Operations Director for Bankgesellschaft Berlin (Polska) S.A. “We avoided capital outlays on the application and hardware purchases in addition to internal overhead. Now, we are able to offer our clients access to a more extensive set of financial transactions on Euronet’s ATM network in Poland. Our product offering is focused on individual and small business clients, who want the convenience associated with modern electronic banking solutions.”
“We are honored to aid Inteligo in their ambitious project to create a new remote bank,” said Michael Brown, Euronet Worldwide Chairman and CEO. “This debit card program will increase transaction volume across the Euronet ATM network in Poland. We enable start-up operations to function as established institutions by providing quick-to-market outsourcing solutions in local markets supported by high-quality professional service.”
About Euronet Worldwide
Euronet Worldwide is an industry leader in providing secure electronic financial transaction solutions. The company offers financial payment middleware, financial network gateways, outsourcing and consulting services to financial institutions and mobile operators. These solutions enable their customers to access personal financial information and perform secure financial transactions — any time, any place.
The company has processing centers located in the United States, Europe and Asia, and owns and operates the largest independent ATM network in Europe. Euronet was recently ranked number two on the Deloitte & Touche Technical Fast 500, a ranking of the fastest-growing technology companies in North America. With corporate headquarters in Leawood, Kansas, USA, and European headquarters in Budapest, Hungary, Euronet serves more than 200 clients in 60 countries. Visit our web site at www.euronetworldwide.com.
About Inteligo Financial Services S.A.
Inteligo Financial Services S.A., with headquarters in Warsaw, Poland, is owned by Inteligo Group (51%) and Bankgesellschaft Berlin AG (49%). The company goal is to establish Inteligo as the leading brand in direct/remote banking and non-banking financial services via offering best value, best customer experience and relevance in innovation. Inteligo is focusing on serving individual and small business clients via electronic channels, such as the Internet and wireless services. Inteligo is not going to establish typical physical branches, but will concentrate on primarily electronic touchpoints, with key emphasis on Internet and mobile channels.Details