Under the agreement, e-pay will be the recommended supplier of prepaid mobile airtime and other prepaid products to Caltex convenience stores, which are part of Caltexâs national service station network. The signing of Caltex Australia strengthens the position of Euronetâs e-pay subsidiary in the electronic prepaid market in Australia. e-pay anticipates the roll out process to be completed by mid-July to all participating Caltex convenience stores.
âPrepaid is a mission-critical part of our business. The security, scale and financial strength offered by e-payâs prepaid business in addition to their leadership within the global prepaid industry were critical to our decision. We are very pleased with the e-pay team for enabling a seamless transition to their prepaid platform from our previous service provider, while ensuring customer satisfaction,â said Karim Sumar, National Merchandise Manager for Caltex Australia.
Caltex Australia is the largest refiner and marketer of petroleum products in Australia with operations in all states and territories. Their national service station network includes the largest number of convenience stores in Australia. Caltex convenience stores typically offer a bakery, coffee, hot food/pre-packed foods, an ATM, prepaid products and other convenience items.
âThe Caltex agreement is a significant win for us and weâre very pleased to have been able to take advantage of shifts in the competitive landscape to secure our prepaid leadership position in Australia,â said Kevin J. Caponecchi, president, Euronet Worldwide. âTogether, e-pay and Caltex Australia, two leading companies within the prepaid and petro-retail space, respectively, can better serve the growing needs of customers for convenient and reliable prepaid products.â
e-pay has also recently won contracts with several other leading retailers in Australia. The current list of e-payâs customers includes large retail groups such as Woolworths, BP, Mobil Quix and Video Ezy.