Citi, Dandelion Expand Cross‑Border Wallet Payments
Citi, Dandelion Expand Cross‑Border Wallet Payments

Citi, Dandelion Expand Cross‑Border Wallet Payments

News summary

Citi has integrated its WorldLink Payment Services with Dandelion, a unit of Euronet Worldwide, to enable near-instant, full-value cross-border payments into digital wallets, initially in the Philippines, Indonesia, Bangladesh and Colombia, with further expansion planned. The service targets business-to-consumer use cases — remittances, payroll and expense payouts, social benefits, customer refunds and payments to freelance/gig workers — offering near-24/7 availability and faster, more cost-efficient transfers for institutional and corporate clients. The integration extends WorldLink’s reach to more than 150 digital destinations and builds on Dandelion’s global connections, which it says link to up to about 200 countries and territories. Citi said the move responds to growing payee demand for choice in payout methods and leverages its scale; the bank processes over 11 million instant payments daily and reported roughly $380 billion in cross-border volumes in 2024.

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