Euronet Worldwide (EEFT) 10-K 2005 FY Annual report

Exhibit 21.1

Euronet Worldwide, Inc. Subsidiaries

As of December 31, 2005, Euronet’s wholly owned subsidiaries were:

• EFT Services Holding B.V., incorporated in the Netherlands

• Euronet Banktechnikai Szolgaltato Kft. (“Bank Tech”), incorporated in Hungary

• Euronet Adminisztracios Szolgaltato Kft. (“Administrative Services”) (formerly SatComNet), incorporated in Hungary

• Bankomat 24/Euronet Sp. z o.o. (“Bankomat”), incorporated in Poland

• EFT-Usluge d o.o., incorporated in Croatia

• Euronet Services GmbH, incorporated in Germany

• Euronet Services spol. s.r.o., incorporated in the Czech Republic

• Euronet Services SRL, incorporated in Romania

• Euronet USA Inc. (“Euronet USA”) incorporated in Arkansas, U.S.A.

• Euronet Holding N.V., incorporated in the Netherlands Antilles (in liquidation)

• EFT Services Hellas EPE, incorporated in Greece

• Euronet Services Slovakia, spol. s r.o., incorporated in Slovakia

• Euronet Corporate Services Beograd, d.o.o., incorporated in Serbia-Montenegro

• e-pay Limited, incorporated in England and Wales

• e-pay Holdings Limited, incorporated in England and Wales

• e-pay Australia Pty Ltd, incorporated in New South Wales, Australia

• e-pay Australia Holdings Pty Ltd, incorporated in Victoria, Australia

• e-pay New Zealand Pty Ltd, incorporated in New Zealand

• Transact Elektronische Zahlungssysteme GmbH, incorporated in Germany

• Delta Euronet GmbH, incorporated in Germany

• Cashnet Holding B.V., incorporated in the Netherlands (in liquidation)

• PaySpot, Inc., incorporated in Delaware, U.S.A.

• Euronet Telerecarga. S.L., incorporated in Spain

• Euronet e-pay Spain S.L., incorporated in Spain

• Call Processing, Inc., incorporated in Texas, U.S.A.

• Euronet Payments and Remittance, Inc., incorporated in North Carolina, U.S.A.

• Europlanet a.d. (“Europlanet”), incorporated in the Federal Republic of Serbia

• Instreamline, S.A., Incorporated in Greece

• EWI Foreign Holdings Limited, incorporated in Cyprus

• Euronet Asia Holdings Limited, incorporated in Hong Kong

• Euronet Services Private Limited, incorporated in India

As of December 31, 2005, Euronet also had shareholdings in the following companies that are not wholly owned:

• PT G4S Euronet Indonesia (formerly PT Euronet Sigma Nusantara), incorporated in Indonesia, of which 47.02% of the shares are owned by EFT Services Holdings B.V.

• CashNet Telecommunications Egypt SAE (“CashNet”), an Egyptian company limited by shares, of which 10% of the shares are owned by EFT Services Holdings B.V.

• e-pay Malaysia Sdn Bhd, incorporated in Malaysia, of which e-pay Limited owns 40% of the share capital.

• ATX, Ltd. (“ATX”), incorporated in England and Wales, of which 51% is owned by Euronet Worldwide, Inc.

• Euronet Services LLC incorporated in Russia, of which 95% is owned by EFT Services Holdings B.V.

• Euronet Meflur Movilcarga S.L. incorporated in Spain, of which 80% is owned by Euronet Spanish Holdings S.L.

• Euronet Middle East W.L.L., incorporated in Bahrain of which 49% is owned by EFT Services Holdings B.V.

• Jiayintong (Beijing) Technology Development Co. Ltd., incorporated in the Peoples Republic of China, of which 75% is owned by EFT Services Holding B.V.