Financial Performance - Euronet's Q3 2025 adjusted EPS reached $3.62, a 19% increase compared to $3.03 in Q3 2024[14] - Revenue increased by 4% to $1.1 billion from $1,099.3 million in Q3 2024, or 1% on a constant currency basis[16, 18] - Adjusted EBITDA grew by 8% to $244.6 million from $225.7 million in Q3 2024, or 4% on a constant currency basis[19] - Operating income increased by 7% to $195.0 million from $182.2 million in Q3 2024, or 2% on a constant currency basis[20] Segment Performance (As Reported) - EFT Processing revenue increased by 10% from $373.0 million to $409.4 million[22] - epay revenue decreased by 1% from $290.3 million to $286.5 million[22] - Money Transfer revenue increased by 3% from $438.2 million to $452.4 million[22] Balance Sheet - Unrestricted cash decreased from $1,329.3 million on June 30, 2025, to $1,172.5 million on September 30, 2025[27] - Total debt decreased from $2,438.1 million on June 30, 2025, to $2,305.3 million on September 30, 2025[27] Strategic Initiatives - Euronet closed a $1 billion convertible bond offering[35] - Euronet signed Citi as a new Dandelion customer and launched Commonwealth Bank of Australia[35]

Core Insights - Euronet and Jalin have been awarded the "Best Retail Payment Technology Initiative in Asia Pacific" for their efforts in modernizing Indonesia's national payment infrastructure, recognized as one of the most ambitious projects in the region [1][4]. Company Overview - PT Jalin Pembayaran Nusantara, a subsidiary of Indonesia's state-owned Danareksa, is a key player in Indonesia's Central Payment Infrastructures, serving over 85 financial institutions and fintech providers [10][11]. - Euronet, founded in 1994, is a global leader in payments processing, with a network connecting to 4 billion bank accounts and 3.2 billion digital wallets across more than 200 countries [6]. Initiative Details - Jalin selected Euronet's Ren Payments Platform to enhance its payment processing capabilities, facilitating services such as interbank ATM transactions, POS, and QR code payments [2]. - The initiative includes the consolidation of ATM networks from Indonesia's four state-owned banks into a unified platform called ATM Link, enhancing operational efficiency and reducing costs [3]. Market Context - The initiative aligns with Indonesia's shift towards digital payments, with a reported 30% year-on-year growth in digital transaction volume in 2024, driven by mobile banking and fintech adoption [5].