Barclays, Euronet enter deal
Manama , July 19, 2007
Euronet Middle East (ENME) and Dubai branch of Barclays Bank have signed a new service agreement.
As per this new deal, ENME will assist Barclays in driving its newly established ATM network, offering services which shall include providing and processing the bank's debit cards portfolio and the provision of gateway services to the bank's international networks with VISA and UAE Switch.
ENME's services will also include the provision of a comprehensive network management, 24x7 monitoring, security, help desk and full reconciliation and settlement services.
'We are delighted to provide Barclays Bank with a complete portfolio of services. The fact that Barclays Bank has chosen to use Euronet Middle East's Services makes us very proud as it clearly demonstrates the company's successful growth within the UAE market and its leadership as the preferred outsourcing partner for the banks within the Middle East and Gulf Region,' said Euronet Middle East's general manager Mohammed Mousa.Trade Arabia News Service