Dr. Martin Brückner, CTO of Euronet Worldwide, explains REN’s ability to empower businesses to pursue new opportunities as they present themselves.
Deployed inside a data center or private data cloud (AWS, Azure, etc.) environment, the REN Foundation provides access to our vast inventory of payment platforms and services for intelligent switching and other capabilities.
Many businesses start by using a single Euronet platform (e.g. card issuing) or having the REN Foundation switch new digital payments such as Alipay to a format their legacy system is able to process.
Learn about the key benefits the REN Foundation delivers through these short video explanations.
Ease maintenance concerns and quickly pursue new business opportunities through small code blocks written in the most widely used programming languages.
Save time and money! The REN foundation operates with your existing hardware, operating system, and database.
Euronet also uses the REN Foundation to build hosted custom solutions for retailers, mobile operators, and brands on a Software as a Solution (SaaS) basis.
These solutions are typically delivered by the company’s epay division and used with POS terminals, gift cards, gaming consoles, smart phones, and other transactions with digital content.
REN has been at the core of our business since 2013 and provides the foundation for our REV payments cloud.
In 2018 in just one of our worldwide data centers, REN processed more than 280 million transactions across 26 countries in all global currencies and for 58 different payment types using a minimal hardware configuration. Even in this complex transaction environment (routing payments, money transfers, and distributing digital content), REN never experienced scheduled or unplanned downtime.