mashreq signs agreement with euronet middle east for atm driving management services
Euronet Middle East (ENME), a leading electronic payments provider, Today announced the successful launch and go live with Mashreq, one of the biggest banks in the Middle East Region, to drive its ATMs in its newly established Bahraini operation.
Under the agreement, Euronet Middle East drive Mashreq’s ATMs installed base, and provide gateway services to the Bahrain local switch “Benefit”. These services include comprehensive maintenance, network management and monitoring, security, cash forecasting, help desk and full reconciliation and settlement services.
On behalf of Mashreq Bank, Yousif Ahmed Al Essa, Bahrain Country Manager, said: ’’The Launch of the ATM services is an important step, and clearly demonstrate Mashreq’s commitment to provide its clients with most reliable services and delivery channels. Mashreq is always keen on delivering the best technical solutions to its clients; Mashreq was the first to present the ATM solution in the UAE market. We are very comfortable with the agreement with ENME that will ensure a reliable and secure ATM solution for our client’s base in Bahrain.”
Euronet Middle East, General Manager, Mohamed Mousa said "We are delighted to be provide Mashreq with a complete portfolio of services that enables it to adopt best practice payment approaches to better serve their clients. And the fact that Mashreq chooses to use Euronet Middle East Services in its first ever outsourcing deal makes us very proud as it clearly demonstrates the successful growth of Euronet Middle East and its regional strength as a leading provider of ATMs and debit cards outsourcing services within the whole Middle East Region.
