With its Dandelion service launched last year, Euronet aims to offer to banks and businesses what its Ria money transfer service has offered to consumers.

The company has been in conversations with a number of big banks about providing them with the white-label cross-border payments services, Dandelion’s Chief Strategy Officer Cecilia Tamez said in a recent interview.

The Dandelion brand, which Euronet launched in November 2021, enables banks and fintechs to deliver payments for businesses and consumers in 190 countries, via bank channels, mobile wallets and cash transfer venues, often offering payments within minutes. Through its network, Dandelion connects to thousands of banks and offers a half million cash pick-up locations, Tamez said.

Dandelion already provides support for other cross-border payments services including the remittance fintech Remitly and PayPal’s Xoom service, she said.

By Lynne Marek on Feb 9, 2023
Original link