TEKchand, a multi-vendor supplier of marketing and management software applications for the ATM channel, and Euronet USA, the software division of leading electronic payments provider Euronet Worldwide, Inc. (NASDAQ: EEFT), today announced that they have entered into an agreement whereby Euronet USA will promote and resell TEKchand's ATM marketing and remote device management solutions in conjunction with Euronet's Integrated Transaction Management (ITM) payment solution.
"We are always looking for ways to meet the needs of our financial services clients and to help them enhance their solutions and capabilities," said Dave Morgan, Vice President of Global Business Development - Euronet USA. "With our client base showing an increasing interest in ATM content management, we are pleased to partner with TEKchand to offer a variety of options for our clients."
TEKchand offers a comprehensive application suite for ATM marketing and remote device management. Its ATMLive Manager platform enables financial institutions to manage ATM screen content, targeted marketing and multiple cost-saving remote management functions for the ATM channel. ATMContentPro, TEKchand's appliance-based delivery model, is a complete end-to-end solution that combines all mission critical elements into a single appliance package.
"We've eliminated the costs and pain associated with deploying a marketing and management solution for the ATM channel," says Rajeev Bahri, Managing Director of TEKchand. "With our preconfigured ATMContentPro Appliance customers can realize the benefits of our solutions almost immediately upon purchase.
"Euronet's core competency in transaction processing and payment systems software solutions has firmly established itself as a global leader in the marketplace," Bahri added. "Similarly, TEKchand is a recognized leader in value-add ATM software solutions in the U.S., and with this partnership we can now extend our services to clients on an international scale. We are looking forward to a successful partnership with Euronet."