Leawood-based Euronet Worldwide Inc. signed an agreement to provide Mozambique with state-of-the-art software for its financial system, giving it a new national payment network solution.
Many debit cards, automatic teller machines and point-of-sale systems in Mozambique shut down in late November after a company called Bizfirst terminated its payment systems there because of a dispute with Mazambican Interbank Co. (SIMO) over payment of license fees. The SIMO network covers most banks in the country.
The…
Leawood-based Euronet Worldwide Inc. signed an agreement to provide Mozambique with state-of-the-art software for its financial system, giving it a new national payment network solution.
Many debit cards, automatic teller machines and point-of-sale systems in Mozambique shut down in late November after a company called Bizfirst terminated its payment systems there because of a dispute with Mazambican Interbank Co. (SIMO) over payment of license fees. The SIMO network covers most banks in the country.
The…