Business
Citi and Dandelion Collaborate to Transform Cross-Border Payments, Enabling Full Value, Near-Instant Payments into Digital Wallets Across the Globe
Highlights: Citi and Dandelion are collaborating to enable near-instant, full-value cross-border payments directly into digital wallets across the globe,
About this update from Euronet Worldwide, Inc.
[{"type":"text","content":"Highlights: Citi and Dandelion are collaborating to enable near-instant, full-value cross-border payments directly into digital wallets across the globe, leveraging Citi’s WorldLink® Payment Services and Dandelion’s extensive digital wallet network.The collaboration is launching in the Philippines, Indonesia, Bangladesh and Colombia, enhancing Citi’s offering and facilitating faster and more cost-effective business-to-consumer payments, from remittances to payroll and social benefits.This initiative is part of Citi's commitment to innovative solutions, expanding its WorldLink capabilities to over 150 digital destinations and reinforcing its leadership in 24/7 real-time global payments. NEW YORK, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Today, Citi and Dandelion, a Euronet Worldwide, Inc. (NASDAQ: EEFT) company, announced a collaboration to enhance cross-border payments, powered by the integration of Citi’s cross-border payments solution WorldLink® Payment Services and Dandelion’s expansive digital wallet network. The collaboration empowers Citi’s institutional clients to deliver near-instant, full-value payments into digital wallets across the globe, with near 24/7 availability. The capability will initially extend to the Philippines, Indonesia, Bangladesh and Colombia, with plans for further expansion. Paying into wallets not only enables Citi to enhance its offering to its financial institution clients, especially in the remittances space, but the solution also enables Citi’s corporate clients to make faster and cost-effective business-to-consumer (B2C) payments. For corporate and public sector clients, this solution addresses a growing need for B2C payments into wallets. This includes everything from employee payouts, like payroll and expense reimbursements, to social benefits, customer refunds, compensation payments, and more seamless transfers to freelance and gig-economy workers. The effort capitalizes on Citi's industry-leading payments network, which processes over 11 million instant payments daily and drove close to $380 billion in cross-border transaction volumes in 2024.1 “Our collaboration with Dandelion underscores Citi's commitment to delivering innovative and comprehensive payment solutions that meet the evolving needs of our global clients,\" said Emanuela Saccarola, Head of Cross Border Payments, Services, Citi. \"By ...