STET Hellas Telecommunications SA (Nasdaq:STHLY)(AEX:STHLS.) and Euronet Worldwide (Nasdaq:EEFT) today announced an agreement to offer mobile banking solutions to financial institutions in Greece.
STET Hellas and Euronet will offer customized SMS and WAP based account access and event-messaging services, enabling financial institutions to offer their customers secure real-time transactions and account access through the STET Hellas mobile network.
Through these new services, bank customers will be able to tailor their preferences in order to receive notifications on account balances, confirmation of deposits, withdrawals, credit card transactions, when a loan payment is due, when an account balance reaches a specified level, etc.
Euronet Worldwide is a global provider of secure financial transactions. Owning and operating the largest independent ATM network in Europe, the company's proprietary transaction management system powers financial transaction solutions for over 200 clients in 60 countries.
"Euronet Worldwide has been providing financial institutions in Greece secure payment transaction services for many years," stated Mike Brown, Euronet CEO and Chairman. "We currently provide ATM management and software solutions in the Greek market, and have successfully launched an SMS alerting solution. We are very proud to partner with STET Hellas, a leading operator in the advanced telecommunication services industry."
"By offering customized mobile banking solutions, we manifest our position at the forefront of communication technology," said Roberto Rovera, Chief Executive Officer of STET Hellas. "The dynamic combination of STET Hellas and Euronet is another example of our commitment to strengthen our presence throughout the mobile communication value chain through partnerships with strong international players."
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