THE FINTECH INTERVIEW
for prepaid, debit and revolving credit alongside acquiring capabilities, ATM administration and direct-to-account functionality.
“ We can surgically keep increasing the sets of microservices you require to continue taking you to the next phase,” Oscar says. Phase migration becomes possible where institutions address immediate priorities whilst creating paths toward broader transformation.
For organisations entering the credit space, Vishal emphasises clarity on product progression.“ You need to be clear on your product graduation journey,” he says, outlining potential paths from prepaid and debit through secured cards to revolving credit.
Companies must ensure their processor can support that journey with proven solutions.“ Quite often you’ ll see slideware, and that slideware is just that,” Vishal warns.“ You need to make sure there’ s proven scale solutions behind that.”
Market differentiation remains crucial for new entrants.“ You don’ t want to end up in the maze of mirrors where you’ re doing exactly what everyone else is doing,” Vishal says. He highlights a customer offering secured credit cards backed by home equity rather than cash deposits, where cardholders only pay interest on amounts they use.
Mission-critical infrastructure Euronet’ s private cloud infrastructure spans 14 instances across eight countries, providing deployment options beyond public cloud or on-premise installation.
Oscar says that reliability requirements for money movement exceed typical technology standards.
“ The transactions have to work 100 % of the time, not 99.99 %,” he explains. Euronet operates the second-largest money remittance company globally, processing payments that directly impact recipients’ ability to meet basic needs.“ If a remittance doesn’ t get somewhere, somebody doesn’ t pay the rent. So it has social impact,” Oscar says.
Euronet’ s 680,000 payment touchpoints represent infrastructure accumulated over 30 years that competitors cannot replicate quickly. The company uses its own payment products internally for core business operations.“ We eat our own dog food in that sense,” Vishal explains.“ We don’ t just build this to sell it, we build this to use it.”
One Euronet model Euronet’ s integrated approach spans money remittance through Ria, digital content through Epay, foreign exchange through XE and real-time cross-border payments through Dandelion across over 190 countries. This breadth enables single-supplier relationships that reduce institutional complexity.
“ If you have just one supplier, this means less risk for your organisation,” Oscar says. When banks pursue domestic real-time payment capabilities through networks like FedNow while simultaneously seeking global reach, Euronet can address both requirements through integrated infrastructure.
32 December 2025