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May 2016

Republic Financial to Offer Credit Cards to Customers in Suriname using Euronet's ITM Software
May 03, 2016

LITTLE ROCK, Arkansas, USA, May 3, 2016 - Euronet Software Solutions, a division of leading electronic payments provider Euronet Worldwide, Inc. (NASDAQ:EEFT), today announced that Republic Financial Holdings Limited, headquartered in Trinidad and Tobago, has commenced the issuance of credit cards to customers at branches of its recently opened subsidiary in Suriname using Euronet's ITM Software. This new product offering follows the Bank's recent expansion to Paramaribo and Nickerie, Suriname in August 2015. 

President of Republic Financial Holdings Limited (RFHL, formerly Republic Bank Limited), Nigel Baptiste, said, "This is another milestone in the Bank's longstanding and successful partnership with Euronet, who has facilitated the expansion of the Bank's electronic and card offerings through its numerous state-of-the-art solutions for many years." He added, "The new credit cards, which utilize the CHIP and PIN technology, are a realization of the Bank's promise to provide superior customer service. The introduction of this product offering to our Surinamese market represents another extension of our commitment and desire to provide our customers with a more convenient and secure banking experience, while ensuring that Republic Bank continues to be a leading light in bringing card technology to the region."

"We always welcome the opportunity to assist our customers as they work to grow their business and expand their product and service offerings. It is particularly gratifying to work with an organization like Republic, who has been a Euronet customer for over 20 years, as they expand their service area into Suriname," said Cindy Ashcraft, Vice President of Euronet Worldwide and Managing Director for Euronet Software Solutions. "We're honored that the Republic Group continues to look to Euronet to provide software solutions that have the capacity to scale and grow with their business."

About Republic Financial Holdings Limited

The Republic Financial Holdings Group (RFHL) is one of the largest and most profitable banking groups in the English-speaking Caribbean, serving the region for over 179 years. With locations in Trinidad and Tobago, Barbados, Grenada, Guyana, HFC Bank (Ghana), Republic Bank (Cayman) Limited and now, six new branches in Suriname, the Bank remains the nation's largest credit card operator. In addition to credit cards, the Bank plans to offer a wide array of products and services to the people of Suriname, as well as access to Republic Bank's wealth of commercial and retail banking expertise. 

Founded in 1837, Republic Financial Holdings Limited currently operates a regional branch and Automated Banking Machine (ABM) network of 116 and 210 respectively. In Trinidad and Tobago it commands the largest footprint (41 branches and 125 ABMs at 83 locations). The Group also offers cutting-edge internet and mobile banking, allowing customers to conduct their business 24/7, from any corner of the world. For more information, visit www.republictt.com.

About Euronet Software Solutions 

Euronet Software Solutions, a division of Euronet Worldwide, Inc. (NASDAQ: EEFT), is a leading global provider of financial software solutions that power electronic payment and transaction delivery systems to support the business needs of banks and processing services providers. Our solutions have reliably served the worldwide cards, payments and financial services markets for more than 40 years. We provide a fully integrated suite of solutions for issuing, acquiring, self-service, e-banking and card scheme connections. Our software offerings are designed to increase revenue, reduce expenses, improve security and increase the value of customer relationships. For more information, visit www.euronetsoftware.com.

Media Contact

Euronet Software Solutions
Teresa Barry
tbarry@euronetworldwide.com
+1.501.218.7255 


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