Euronet’s e-pay Australia Subsidiary Signs Long-Term Prepaid Distribution Agreement with Vodafone Australia

22 January 2009

Euronet Worldwide, Inc.'s (“Euronet” or the “Company”) (NASDAQ: EEFT) prepaid subsidiary, e-pay Australia Pty. Ltd. (“e-pay”), announced today an exclusive long-term prepaid distribution agreement with Vodafone Australia (“Vodafone”). Vodafone has appointed e-pay as its exclusive agent in Australia to distribute Vodafone Prepaid Recharge products through retail channels.

e-pay shares a long-standing partnership with Vodafone and the exclusive agreement further strengthens their commitment to offer retailers greater certainty and long-term reliability for the supply of Vodafone Prepaid Recharge products.

Commenting on the agreement, Steve Bannigan, General Manager Consumer Sales at Vodafone Australia, said: “With its record of reliability and robust technology platform, we believe e-pay Australia is well placed to satisfy the needs of our retail partner community, which represents more than 12,000 points of presence.” “Vodafone continues to offer innovative prepaid services, and today’s announcement is an important step forward with the e-pay distribution network making it very convenient and easy for customers to recharge their prepaid credit,” added Bannigan.

“We are very pleased that Vodafone had the confidence in our service, operations and financial strength to enter into this exclusive long-term distribution agreement. Similar to other markets, we continue to add value and stability to our retailers’ electronic payments products through innovative electronic distribution agreements,” said Michael J. Brown, Euronet chairman and CEO.

The terms of the agreement between e-pay and Vodafone remain confidential.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development