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EEFT - Stable Global Remittance Trends To Support Euronet Story In 2020
Euronet Worldwide Inc.
It's rare for World Bank to release remittance data, but when it does - we suddenly acquire new data points that can further reinforce or, on the contrary, overturn our theses. In this case, we have further evidence that the money transfer business is alive and kicking, which is a very strong read for Euronet Worldwide.
Basic Business / Product Analysis:
Euronet is an electronic payments provider that focuses on three core business segments: EFT processing, epay, and Money Transfer. EFT Processing Segment processes transactions, with an outreach to the network of 40,000+ ATMs and