Dandelion
Dandelion is a payments system developed by Euronet Worldwide. Dandelion is a payments platform that enables cross-border payments into bank accounts, mobile wallets, and cash payouts in retail locations.
| File:Dandelion logo.svg | |
| ISIN | 🆔 |
|---|---|
| Industry | Financial services |
| Founded 📆 | November 2021 |
| Founder 👔 | |
Area served 🗺️ | |
| Members | |
Number of employees | |
| Parent | Euronet Worldwide |
| 🌐 Website | https://www.dandelionpayments.com/ |
| 📇 Address | |
| 📞 telephone | |
History
Dandelion was launched in November 2021 to make cross-border payment systems available to businesses and customers.[1] It was originally an in-house payment network system created by Ria Money Transfer, a privately-held money transfer company. Ria was acquired by Euronet in 2007, servicing consumer remittances to 42,000 cash pickup locations, mostly in Latin America.[2]
In May 2022, Ria Money Transfer and Rebtel, an international calling service provider in Sweden, announced a partnership on their online platform to enable cross-border payments.[3] Rebtel can now offer money transfer services to customers powered by Euronet's Dandelion network.[4]
References
- ↑ PYMNTS (2021-11-17). "Euronet Worldwide Debuts Int'l Payments Platform". www.pymnts.com. Retrieved 2022-05-12.
- ↑ "UPDATE 1-Euronet to acquire RIA Envia for $490 mln". Reuters. 2007-01-20. Retrieved 2022-05-12.
- ↑ Vitali, Valentina (2022-05-18). "Ria Money Transfer pairs up with Rebtel for new offering". FXcompared. Retrieved 2022-06-22.
- ↑ Dumasia, Joy (2022-05-18). "Ria Money Transfer and Dandelion power the real-time cross-border payments for Rebtel". IBS Intelligence. Retrieved 2022-06-22.
External links
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