Business
Dandelion Payments agreement with CBA to Transform Cross-Border Transfers
SYDNEY, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Dandelion Payments, a Euronet Worldwide, Inc. (NASDAQ: EEFT) company, has entered a strategic agreement with Commonwealth Bank of Australia (CBA), marking a significant milestone in CBA’s commitment to delivering faster, more transparent, and customer-centric international payment solutions. Through a single integration with Dandelion, CBA customers will gain access to an expansive global infrastructure, enabling seamless transfers to recipients across
About this update from Commonwealth Bank Of Australia
[{"type":"text","content":"SYDNEY, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Dandelion Payments, a Euronet Worldwide, Inc. (NASDAQ: EEFT) company, has entered a strategic agreement with Commonwealth Bank of Australia (CBA), marking a significant milestone in CBA’s commitment to delivering faster, more transparent, and customer-centric international payment solutions.","length":335,"tagName":"p"},{"type":"text","content":"Through a single integration with Dandelion, CBA customers will gain access to an expansive global infrastructure, enabling seamless transfers to recipients across a wide range of countries. The integration will deliver:","length":220,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Real-time payment tracking and status updates via CBA’s digital channels, enhancing transparency and reducing uncertainty","length":121,"tagName":"p"}]},{"val":[{"type":"text","content":"Instant payouts to many jurisdictions, with future expansion to include digital wallets and cash pickup options, broadening customer choice","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"Improved customer experience, with faster transaction processing and reduced friction","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Enhanced compliance and security, including robust pre-validation features such as account status checks and beneficiary name matching","length":134,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":479,"olType":false},{"type":"text","content":"This agreement complements CBA’s existing correspondent banking network by expanding reach and improving speed in corridors where traditional methods may be slower or less accessible. It reflects CBA’s ongoing commitment to innovation and excellence in financial services, and positions the bank at the forefront of modernising cross-border payments.","length":350,"tagName":"p"},{"type":"text","content":"About Dandelion","length":15,"tagName":"p"},{"type":"text","content":"Dandelion is the world’s largest real-time, cross-border payments network, providing a complete payments-as-a-service solution. Dandelion’s global disbursements network comprises direct-to-local connections in 200 countries and territories, with built-in settlement, compliance, and full-value delivery. Through a single API integration or Swift instruction, Dandelion enables financial instituti...