Conductor’s cost-saving, self-service solution controls global physical and digital prepaid programs (e.g., physical gift card, digital PIN, code to content) and enables access to an omnichannel distribution network with millions of points of sale in numerous countries.
Munich, Germany and Leawood, Kansas (4-April-2022) – epay, a business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), announced today the availability of Conductor, a SaaS-based digital platform for companies who are interested in quickly and easily establishing their own prepaid program (e.g., physical gift card, digital PIN, code to content) instead of building their own in-house solution.
Conductor enables companies to leverage epay’s technical capabilities to launch full-feature prepaid programs that facilitate payments, drive incremental revenue and increase customer acquisition. Without a service such as Conductor, companies must spend hundreds of thousands to millions of dollars to build and maintain such systems and invest in internal resource support such as technical development, technical infrastructure and internal operations to manage assets and product lists.
The first self-service digital platform of its kind, Conductor offers speed to market, low up-front costs and long-term scalability. Automation and workflow tools help an operations staff administer the prepaid program while a full-service management portal helps manage sales and redemption activities.
Conductor was built to assist the thousands of new and existing companies who are great at creating content but have little to no experience or resources for creating and maintaining a prepaid distribution system. These companies include video game publishers, over the top streaming companies, streaming music companies, home delivery companies and other organizations that seek to offer consumers a way to use gift cards or codes to prepay for services and subscriptions or if they want to offer a gifting option.
Without Conductor, an operations staff often manages PIN codes via spreadsheets which is manually intensive and error prone, especially when handling multiple products (SKUs). Beyond PIN code management and code distribution, activation of codes requires integrations to retailers and distributors, which drives the need for network infrastructure and monitoring.
Conductor automates these processes and makes them frictionless. Codes are created in a few clicks and inventories are easily managed in an intuitive, self-service dashboard. Conductor also enables connection to key distributors in the prepaid industry including digital and physical retailers.
“Conductor is a vital tool for companies wishing to launch a prepaid products program,” said Bryan Zingg, Managing Director, epay Global Content and Product. “Our partners are looking for speed to market, scalability and cost savings for their physical and digital gift card programs. This platform offers access to the tools epay has developed over decades to manage its own business. In addition to tools to help automate manual processes like PIN generation, SKU management and asset management, the Conductor platform offers analytics and reporting to allow performance visibility to management. This technology rides on epay’s best-in-class processing platform. The combination of these offerings means companies don’t have to dedicate their own software developers and infrastructure teams to the development of a prepaid offering because Conductor does it all for them.”
Companies and brands interested in learning more should consult their existing epay contact or James Collins, epay Global Business Development Director, at firstname.lastname@example.org. More information is also at www.epayconductor.com.
epay is a world-leading full-service payment provider for payment processing and prepaid solutions that processed 3.12 billion transactions in 2021. The company has built up an extensive network of retailers with 760,000 point-of-sale terminals in 63 countries, to connect renowned brands with consumers all around the world. The company offers a portfolio of gift cards (prepaid, closed loop and digital media), business incentives and payment solutions (card acceptance, terminals, e-commerce, mobile and Internet of Payment) for omnichannel commerce, and offers its services thanks to its proprietary cash register integration software. epay is a segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), a Kansas-based company which earned $2.9 billion in revenue in 2021, employing a staff of over 8,000 employees and serving customers in 175 countries.
About Euronet Worldwide, Inc.
Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, retailers, service providers and individual consumers. These services include comprehensive ATM, POS and card outsourcing services, card issuing and merchant acquiring services, software solutions, cash-based and online-initiated consumer-to-consumer and business-to-business money transfer services, and electronic distribution of digital media and prepaid mobile phone time.
Euronet’s global payment network is extensive – including 49,521 ATMs, approximately 491,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 62 countries; card software solutions; a prepaid processing network of approximately 760,000 POS terminals at approximately 335,000 retailer locations in 63 countries; and a global money transfer network of approximately 495,000 locations serving 164 countries. With corporate headquarters in Leawood, Kansas, USA, and 66 worldwide offices, Euronet serves clients in approximately 175 countries. For more information, please visit the Company’s website at www.euronetworldwide.com.