Citi and Dandelion Collaborate to Transform Cross-Border Payments, Enabling Full Value, Near-Instant Payments into Digital Wallets Across the Globe
Citi and Dandelion (NASDAQ: EEFT) have announced a strategic collaboration to revolutionize cross-border payments through the integration of Citi's WorldLink® Payment Services with Dandelion's digital wallet network. The partnership will enable near-instant, full-value payments into digital wallets globally, initially launching in the Philippines, Indonesia, Bangladesh, and Colombia.
The collaboration leverages Citi's robust payment infrastructure, which processes over 11 million instant payments daily and handled nearly $380 billion in cross-border transactions in 2024. The enhanced WorldLink solution now enables payments to over 150 digital destinations, including bank accounts, mobile wallets, and debit cards, supporting B2C transactions such as payroll, social benefits, and remittances.
Citi e Dandelion (NASDAQ: EEFT) hanno annunciato una collaborazione strategica per rivoluzionare i pagamenti transfrontalieri mediante l'integrazione dei servizi di pagamento WorldLink® di Citi con la rete di portafogli digitali di Dandelion. La partnership consentirà pagamenti quasi immediati e a valore pieno nelle wallet digitali a livello globale, con lancio iniziale nelle Filippine, Indonesia, Bangladesh e Colombia.
La collaborazione sfrutta l'infrastruttura di pagamento robusta di Citi, che elabora oltre 11 milioni di pagamenti istantanei al giorno e ha gestito quasi 380 miliardi di dollari in transazioni transfrontaliere nel 2024. La soluzione WorldLink potenziata consente ora pagamenti verso più di 150 destinazioni digitali, tra cui conti bancari, portafogli mobili e carte di debito, supportando transazioni B2C quali salari, benefici sociali e rimesse.
Citi y Dandelion (NASDAQ: EEFT) han anunciado una colaboración estratégica para revolucionar los pagos transfronterizos mediante la integración de los servicios de pago WorldLink® de Citi con la red de billetera digital de Dandelion. La asociación permitirá pagos casi instantáneos y de valor total en billeteras digitales a nivel mundial, iniciando en Filipinas, Indonesia, Bangladés y Colombia.
La colaboración aprovecha la robusta infraestructura de pagos de Citi, que procesa más de 11 millones de pagos instantáneos diarios y gestionó casi 380 mil millones de dólares en transacciones transfronterizas en 2024. La solución mejorada de WorldLink ahora permite pagos a más de 150 destinos digitales, incluyendo cuentas bancarias, billeteras móviles y tarjetas de débito, apoyando transacciones B2C como nómina, beneficios sociales y remesas.
Citi와 Dandelion은(는) Cross-border 결제를 혁신하기 위한 전략적 협력 관계를 발표했습니다. Citi의 WorldLink® 결제 서비스와 Dandelion의 디지털 지갑 네트워크를 통합하여 전 세계 디지털 지갑으로 거의 즉시 전액 지급을 가능하게 하며, 초기 출시 국가는 필리핀, 인도네시아, 방글라데시, 콜롬비아입니다.
협력은 하루에 1100만 건이 넘는 즉시 결제를 처리하고 2024년 국제 거래에 3800억 달러에 근접한 Citi의 강력한 결제 인프라를 활용합니다. 개선된 WorldLink 솔루션은 이제 150개가 넘는 디지털 대상지로의 결제를 가능하게 하며, 은행 계좌, 모바일 지갑, 직불카드를 포함하고 급여, 사회 혜택, 송금과 같은 B2C 거래를 지원합니다.
Citi et Dandelion (NASDAQ: EEFT) annoncent une collaboration stratégique pour révolutionner les paiements transfrontaliers grâce à l’intégration des services de paiement WorldLink® de Citi avec le réseau de portefeuilles numériques de Dandelion. Le partenariat permettra des paiements quasi instantanés et à valeur équivalente vers des portefeuilles numériques dans le monde, avec un déploiement initial aux Philippines, en Indonésie, au Bangladesh et en Colombie.
La collaboration s’appuie sur l’infrastructure de paiement robuste de Citi, qui traite plus de 11 millions de paiements instantanés par jour et a géré environ 380 milliards de dollars de transactions transfrontalières en 2024. La solution WorldLink améliorée permet désormais des paiements vers plus de 150 destinations numériques, y compris des comptes bancaires, des portefeuilles mobiles et des cartes de débit, soutenant des transactions B2C telles que les salaires, les prestations sociales et les remises.
Citigroup und Dandelion haben eine strategische Zusammenarbeit angekündigt, um grenzüberschreitende Zahlungen durch die Integration von Citi's WorldLink® Payment Services mit Dandelions Digital-Wallet-Netzwerk zu revolutionieren. Die Partnerschaft ermöglicht nahezu sofortige, volle Wertzahlungen in digitale Geldbörsen weltweit, zunächst in Philippinen, Indonesien, Bangladesch und Kolumbien.
Die Zusammenarbeit nutzt Citis robuste Zahlungsinfrastruktur, die über 11 Millionen Sofortzahlungen pro Tag verarbeitet und im Jahr 2024 fast 380 Milliarden Dollar an grenzüberschreitenden Transaktionen abwickelte. Die erweiterte WorldLink-Lösung ermöglicht nun Zahlungen an über 150 digitale Ziele, einschließlich Bankkonten, Mobile Wallets und Debitkarten, und unterstützt B2C-Transaktionen wie Gehälter, Sozialleistungen und Überweisungen.
سيتي و Dandelion (المدرجة في ناسداك بالرمز EEFT) أعلنتا عن تعاون استراتيجي لإعادة تشكيل المدفوعات عبر الحدود من خلال دمج خدمات الدفع WorldLink® من سيتي مع شبكة المحفظة الرقمية من Dandelion. ستتيح الشراكة مدفوعات فورية تقريبا وبقيمة كاملة إلى المحافظ الرقمية عالمياً، مع الإطلاق الأول في الفلبين، إندونيسيا، بنجلاديش، وكولومبيا.
تستفيد الشراكة من بنية سيتي التحتية القوية للدفع، التي تعالج أكثر من 11 مليون دفعة فورية يوميا و< b>بلغت معاملات عابرة للحدود تقارب 380 مليار دولار في 2024. وتتيح النسخة المحسّنة من WorldLink الآن المدفوعات إلى أكثر من 150 وجهة رقمية، بما في ذلك الحسابات البنكية والمحافظ المحمولة وبطاقات الخصم، مع دعم معاملات B2C مثل الرواتب والمنافع الاجتماعية والتحويلات.
花旗(Citi) 与 Dandelion（纳斯达克代码：EEFT）宣布建立战略合作，通过将 Citi 的 WorldLink® 支付服务与 Dandelion 的数字钱包网络整合，革新跨境支付。该伙伴关系将实现全球数字钱包的 几乎即时、全额支付，初步将在 菲律宾、印尼、孟加拉国和哥伦比亚 启动。
该合作利用花旗强大的支付基础设施，每日处理超过 1100 万笔即时支付，并在 2024 年处理了近 3800 亿美元的跨境交易。增强的 WorldLink 方案现在支持向 超过 150 个数字目的地 进行支付，包括银行账户、移动钱包和借记卡，支持工资、社会福利和汇款等 B2C 交易。
- Integration expands payment reach to over 150 digital destinations globally
- Near-instant, full-value cross-border payments with 24/7 availability
- Citi processes over 11 million instant payments daily
- Partnership enables cost-effective B2C payments for corporate clients
- None.
Insights
Citi-Dandelion partnership expands EEFT's reach into major emerging markets, strengthening Euronet's cross-border payment capabilities and revenue potential.
This strategic collaboration between Citi and Dandelion (Euronet's subsidiary) represents a significant expansion of Euronet's cross-border payment capabilities into high-growth markets. The integration enables near-instant payments into digital wallets across the Philippines, Indonesia, Bangladesh, and Colombia - four markets with rapidly growing digital wallet adoption and significant remittance flows.
The partnership leverages complementary strengths: Citi contributes its massive payment infrastructure (processing over 11 million instant payments daily with $380 billion in cross-border volume in 2024) while Euronet brings Dandelion's extensive digital wallet network spanning 63 countries. For Euronet, this significantly enhances the company's competitive position in the lucrative B2C cross-border payment space against rivals like Wise and Western Union.
What makes this particularly valuable for Euronet is the multiple revenue streams it unlocks: remittances (a core Euronet business), payroll disbursements, expense reimbursements, social benefits, and gig economy payments. These represent massive transaction volume opportunities in markets where digital wallet usage is rapidly displacing traditional banking.
The initial four-country launch creates immediate revenue potential while establishing a blueprint for expansion. By embedding Dandelion deeper into Citi's WorldLink infrastructure, which serves multinational corporations worldwide, Euronet gains access to enterprise-level payment flows that complement its traditional consumer-focused money transfer business. This diversification strengthens Euronet's resilience against consumer remittance market fluctuations.
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
“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 integrating Dandelion's robust digital wallet network with Citi's global payment infrastructure, we are enabling our clients to reach into markets with new payment methods. This will help unlock speed, cost efficiency and transparency and reinforce our position as a leader in providing always on, 24/7 real-time payments. "
The endeavor expands Citi’s WorldLink Payments Services, enabling clients to make cross-border payments in over 135 currencies through various methods, including traditional wires, ACH, and cross-border instant payments via Citi's proprietary network. Additionally, clients can make payments into digital wallets and via debit cards, facilitated by Citi's collaborations with multiple digital wallet providers and card networks globally, significantly expanding Citi's reach. Overall, Citi’s WorldLink solution empowers clients to send full-value, near-instant payments to over 150 digital destinations, including bank accounts, mobile wallets and debit cards. In addition, Citi has other instant payment services, like Citi® Token Services and 24/7 USD Clearing, which offer real-time, always-on services for its institutional clients.
Dandelion is a leader in electronic payments and financial services reaching over 63 countries via digital wallets. Dandelion’s network and strong footprint will help extend Citi's reach globally, enabling Citi clients to directly access beneficiaries in the Philippines, Indonesia, Bangladesh and Colombia who primarily rely on digital wallets for financial transactions.
“We’re thrilled to be working with Citi, pairing Dandelion’s cutting-edge cross-border payment capabilities with Citi’s diverse client base and extensive international operations,” said Juan Bianchi, Euronet’s EVP & CEO Money Transfer segment. “Together, we’re raising the standard for cross-border payment speed, reliability and global reach, empowering businesses and consumers to move money seamlessly around the world.”
By integrating Dandelion’s extensive network with Citi’s leading cross-border capabilities, businesses gain a more streamlined and secure pathway to disburse funds directly into mobile wallets across rapidly growing digital economies. This initiative reinforces Citi's dedication to innovation and its ongoing efforts to deliver leading financial solutions tailored to its global client base.
For more information visit: Citi Services.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi
About Dandelion
Dandelion is the world’s 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 institutions, payment companies and fintechs to reach 4 billion+ bank accounts, 126 mobile wallets, 3 billion+ mobile wallet accounts, and 626K cash pickup locations. Visit www.dandelionpayments.com for more information.
Dandelion is part of the money transfer segment of Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions. Visit www.euronetworldwide.com for more information.
About Euronet Worldwide, Inc.
A global leader in payments processing and cross-border transactions, Euronet moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments, currency exchange and more. With products and services in 200 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone. Visit the Company’s website at www.euronetworldwide.com.
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1 Citi Q4 2024 Earnings Press Release. https://www.citigroup.com/rcs/citigpa/storage/public/Earnings/Q42024/4Q24-earnings-press-release.pdf
Media Contacts Victoria Ifan, victoria.ifan@citi.com David Taylor, david.a.taylor@dandelionpayments.com
FAQ
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