Citi and Dandelion are collaborating to enhance cross-border payments.

The move will see the bank integrate its cross-border payment solution WorldLink Payment Services with Dandelion's network of digital wallets.

The collaboration aims to facilitate near-instant, full-value payments to digital wallets worldwide, with near 24/7 availability for Citi's institutional clients, with the aim of helping businesses achieve a more streamlined and secure path to transfer funds directly to mobile wallets in rapidly growing digital economies.

WorldLink Payment Services is part of Citi's broader suite of payment solutions, designed to simplify global commerce and help customers expand into new markets.

The tool enables customers to send instant payments for the full amount to over 150 digital destinations, including bank accounts, mobile wallets and debit cards.

Dandelion’s digital wallet network is a large global infrastructure that enables real-time cross-border payments directly into digital wallets in 63 countries.

The new service aims to become a valuable resource for Citi's corporate clients, facilitating business-to-consumer (B2C) payments while responding to the growing need for B2C payments to electronic wallets, including employee payments, salaries and expense reimbursements.

The service will initially launch in the Philippines, Indonesia, Bangladesh and Colombia, with plans for further expansion, Citi said.

Citi’s payments network currently processes more than 11 million instant payments per day and generated nearly £380 billion in cross-border transaction volume in 2024.

Emanuela Saccarola, head of cross-border Payments at Citi, said that the collaboration with Dandelion strengthens Citi’s commitment to providing innovative payment solutions for its customers.

“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,” she added.

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