Citi and Dandelion Collaborate to Transform Cross-Border Payments, Enabling Full Value, Near-Instant Payments into Digital Wallets Across the Globe
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.
Rebranded Remittances Business Could Expand Inter&Co’s “Super App” Offering As It Eyes Global ExpansionIn 2021, Latin America and the Caribbean (LAC) received $127.6 billion in remittances, constituting an annual growth of 26% — the highest registered in the past two decades, according to the Inter-American Development Bank.
