Hot Asian Stocks To Watch Right Now: Euronet Worldwide Inc.(EEFT)
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers. The company operates in three segments: EFT Processing, epay, and Money Transfer. The EFT Processing segment provides electronic payment solutions consisting of automated teller machine (ATM) network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services; advertising, customer relationship management, currency conversion, mobile top-up, bill payment, fraud management, and foreign remittance payout services; and integrated software solutions for electronic payments and transaction delivery systems. As of December 31, 2011, it processed transactions for a network of 14,224 ATMs and approximately 57,000 POS terminals in Europe, the Middle East, and the Asia Pacific. The epay segment engages in the ele ctronic distribution of prepaid mobile airtime and other electronic payment products, and provides collection services for various payment products, cards, and services. This segment operates a network of approximately 615,000 POS terminals to enable electronic processing of prepaid mobile airtime top-up services and other electronic payment products in Europe, the Middle East, the Asia Pacific, North America, and South America, as well as distributes vouchers and physical gifts in Europe. The Money Transfer segment provides consumer-to-consumer money transfer services through a network of sending agents and company-owned stores in North America and Europe; customers bill payment services; payment alternatives, such as money orders and prepaid debit cards; check cashing services for various issued checks; and foreign currency exchange services. The company serves customers i! n approximately 150 countries worldwide. Euronet Worldwide, Inc. was founded in 1994 and is headquart e red in Leawood, Kansas.
Advisors' Opinion:- [By John Udovich]
Small cap money transfer stock Euronet Worldwide, Inc (NASDAQ: EEFT) and Wal-Mart Stores, Inc (NYSE: WMT) have announced an exclusive money transfer service called "Walmart-2-Walmart," meaning its time to take a closer look at the stock along with the performance of peers like Moneygram International Inc (NASDAQ: MGI), Xoom Corp (NASDAQ: XOOM) and The Western Union Company (NYSE: WU) which fell 17.68%, 4.32% and 4.98%, respectively.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-asian-stocks-to-watch-right-now-3.html
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