Euronet Worldwide Inc. Partners with Citi to Revolutionize Cross-Border Payments
1. A Strategic Collaboration
On September 26, 2025, Citi and Dandelion, a subsidiary of Euronet Worldwide Inc. (NASDAQ: EEFT), announced a groundbreaking collaboration aimed at transforming the landscape of cross-border payments. This strategic partnership integrates Citi's WorldLink® Payment Services with Dandelion's extensive digital wallet network, enabling near-instant, full-value payments into digital wallets globally. The initial rollout will focus on key markets including the Philippines, Indonesia, Bangladesh, and Colombia, with plans for further expansion.
2. Enhancing Financial Offerings
The collaboration allows Citi to significantly enhance its offerings for financial institution clients, especially in the remittance sector. This innovative solution is designed to facilitate faster and more cost-effective business-to-consumer (B2C) payments, catering to the growing demand from corporate and public sector clients. Whether it’s for payroll, expense reimbursements, social benefits, or customer refunds, the new capabilities streamline the process for transferring funds to gig economy workers and freelancers.
3. Leveraging Global Payment Networks
Citi's industry-leading payment network, which processes over 11 million instant payments daily and achieved nearly $380 billion in cross-border transaction volumes in 2024, is at the heart of this collaboration. Emanuela Saccarola, Head of Cross Border Payments Services at Citi, emphasized that this partnership reinforces Citi's commitment to providing innovative payment solutions that align with the evolving needs of global clients. "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," Saccarola stated.
4. Expanding Payment Capabilities
The collaboration significantly expands Citi’s WorldLink Payments Services, allowing clients to execute cross-border payments in over 135 currencies through a variety of methods, including traditional wires and ACH. By facilitating payments into digital wallets and debit cards, Citi further expands its global reach through partnerships with various digital wallet providers and card networks, enabling clients to send full-value, near-instant payments to more than 150 digital destinations.
Dandelion’s extensive network, which spans over 63 countries, enhances this collaboration by offering direct access to beneficiaries who primarily rely on digital wallets for financial transactions. This partnership empowers businesses and consumers alike by providing a streamlined and secure pathway for disbursing funds directly into mobile wallets across rapidly growing digital economies.
5. Leadership Insights
Juan Bianchi, Euronet's EVP & CEO of the Money Transfer segment, expressed enthusiasm about the collaboration, stating, "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." Bianchi highlighted that this initiative sets a new standard for cross-border payment speed, reliability, and global reach.
6. Conclusion
As the global economy increasingly shifts towards digital transactions, the collaboration between Citi and Dandelion signifies a pivotal moment in enhancing cross-border payment solutions. By harnessing the strengths of both organizations, this partnership not only meets the immediate financial needs of clients but also sets the stage for future innovations in the financial services industry.
For more information about this transformative collaboration, visit Citi Services.
About Euronet Worldwide, Inc.
Euronet is a global leader in payment processing and cross-border transactions, facilitating money movement in various forms, including money transfers, credit/debit processing, ATMs, and currency exchange. Their extensive network and financial technologies make global economic participation faster, easier, and more secure.