Euronet Worldwide has launched OLON, a merchant services platform that puts card acceptance, connections to business software and a set of add-on services under one brand, the company announced on October 21, 2026. Greece is the first market where OLON will be fully deployed, reaching about 225,000 merchants across 300,000 physical points of sale and 7,000 online shops, according to the Euronet press release.
Euronet, listed on Nasdaq as EEFT, describes itself as a payments infrastructure company working in processing and cross-border transactions, and the release says it already runs merchant services in more than 15 European countries. OLON is its attempt to sell those merchants more than the payment itself.
What OLON includes
Euronet groups the platform into three parts: payments, commerce and growth.
- Payments. Acceptance in physical stores (countertop and mobile terminals, unattended machines and tap on phone) and online (e-commerce and payment links). It covers international and domestic card schemes, digital wallets, account-to-account payments and local payment methods.
- Commerce. Integrations with business software such as ERP, electronic cash registers, invoicing, fiscal systems and booking or ticketing tools for retail, hospitality and restaurants, plus reporting, settlement monitoring, reconciliation, analytics and loyalty features.
- Growth. Services merchants can offer on top of a sale: tax-free shopping, bill payments, foreign exchange, liquidity services, meal vouchers and the sale of digital products from other brands at the point of sale.
The release describes the platform as modular, so a merchant can switch on only what it needs and add more later. Nikos Fountas, Euronet’s chief executive for payments infrastructure in the Americas and EMEA, said OLON “reflects our ambition to go beyond payment acceptance.”
Where it launches
After Greece, the release says OLON is “taking shape” in Germany and other Southern European markets, without dates. Euronet says the platform will adapt to each country’s payment preferences, regulation and local integrations rather than offering one product everywhere.
What the announcement leaves out
The release does not publish merchant pricing, say whether existing Euronet merchants in Greece will be moved to OLON automatically, or give a timetable for markets beyond Greece. For a merchant comparing offers, those terms matter more than the feature list: the cost of accepting a card depends on the pricing model as much as the provider. Our explainer on interchange-plus versus flat-rate pricing sets out what to ask, and the payment fee calculator compares the published standard rates of large providers.
