{"id":850966,"date":"2025-05-14T09:12:07","date_gmt":"2025-05-14T13:12:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/euronets-money-transfer-segment-adds-visa-direct-to-expand-its-industry-leading-dandelion-real-time-payments-network\/"},"modified":"2025-05-14T09:12:07","modified_gmt":"2025-05-14T13:12:07","slug":"euronets-money-transfer-segment-adds-visa-direct-to-expand-its-industry-leading-dandelion-real-time-payments-network","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/euronets-money-transfer-segment-adds-visa-direct-to-expand-its-industry-leading-dandelion-real-time-payments-network\/","title":{"rendered":"Euronet\u2019s Money Transfer Segment Adds Visa Direct to Expand Its Industry-Leading Dandelion Real-Time Payments Network"},"content":{"rendered":"

\nRia Money Transfer, Xe and Dandelion\u2019s collaboration with Visa will enhance the offering and user experience for its customers by combining Visa Direct\u2019s global reach of over 4 billion debit cards with Dandelion\u2019s best-in-class global network
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BUENA PARK, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and its Money Transfer segment (Ria Money Transfer, Xe and Dandelion) announced today a collaboration with Visa, a world leader in digital payments, to make Visa Direct available to its customers. Through this partnership, Dandelion extends its network as an industry leader, expanding its digital payout capabilities, which includes more than 3.2 billion mobile wallet accounts, 4 billion bank accounts, and 624,000 locations across nearly 200 countries and territories, to include 4 billion Visa debit cards.<\/p>\n

According to the World Bank<\/a>, 52.8% of people aged 15 and above have a debit card. As such, debit card usage has become increasingly prevalent, with expansion being led by financial inclusion initiatives and the adoption of contactless payments.<\/p>\n

\n The Nilson Report estimates<\/a> that debit and prepaid card transactions to purchase goods and services will reach USD$1.1 trillion worldwide by 2029. With this service expansion, Euronet\u2019s Money Transfer segment continues to embrace evolving consumer trends<\/a> by providing customers with an unmatched digital payout offering.<\/p>\n

With the partnership, Euronet\u2019s Money Transfer customers can send funds within minutes to 4 billion Visa debit cards by simply providing the recipient\u2019s name and debit card number. In addition, payment and account data information is dually safeguarded by Visa\u2019s payment security infrastructure and Euronet\u2019s robust compliance framework, offering both convenience and peace of mind for senders and receivers.<\/p>\n

\u201cThe shared mission of Euronet\u2019s Money Transfer segment is to enable customers to manage their money movement however they prefer through straight-forward and convenient cross-border payment solutions,\u201d said Juan Bianchi, Euronet\u2019s EVP & CEO Money Transfer segment. \u201cThanks to this new relationship with Visa, we are now able to expand and enhance our digital offering while upholding the high security standards and impeccable delivery promise our cross-border, real-time payments network is known for.\u201d<\/p>\n

“Visa supports our clients with innovative solutions for simple and secure money transfers. By integrating Visa Direct, Euronet\u2019s Money Transfer segment is poised to further digitize its remittance offering with fast, secure and transparent push-to-card payments,\u201d said Vera Platonova, Chief Revenue Officer and Global Head of Sales and Solutioning Teams, Visa Direct. \u201cThis partnership underscores our mutual commitment to delivering exceptional cross-border remittance services for end users around the globe.\u201d<\/p>\n

This is the first step in Euronet and Visa\u2019s collaboration, as both companies remain committed to fostering growth and driving innovation worldwide.<\/p>\n

\n About\u00a0Euronet<\/strong>\n <\/p>\n

Starting in\u00a0Central Europe\u00a0in 1994 and growing to a global real-time digital and cash payments network with millions of touchpoints today,\u00a0Euronet\u00a0now moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit\/debit card processing, ATMs, point-of-sale (POS) services, branded payments, foreign currency exchange and more. With products and services in more than 200 countries and territories provided through its own brand and branded business segments, Euronet\u00a0and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone.\u00a0<\/p>\n

A leading global financial technology solutions and payments provider,\u00a0Euronet\u00a0has developed an extensive global payments network that includes 55,512 installed ATMs, approximately 1,214,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 69 countries; card software solutions; a prepaid processing network of approximately 735,000 POS terminals at approximately 358,000 retailer locations in 64 countries; and a global money transfer network of approximately 624,000 locations serving 199 countries and territories with digital connections to 4 billion bank accounts, 3.2 billion digital wallet accounts and 4 billion Visa debit cards through Visa Direct.\u00a0Euronet\u00a0serves clients from its corporate headquarters in\u00a0Leawood, Kansas, USA, and 67 offices worldwide. For more information, please visit the Company’s website at\u00a0www.euronetworldwide.com<\/a>.<\/p>\n

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Euronet Contact\r\nStephanie Taylor\r\n+1-913-327-4200<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Ria Money Transfer, Xe and Dandelion\u2019s collaboration with Visa will enhance the offering and user experience for its customers by combining Visa Direct\u2019s global reach of over 4 billion debit cards with Dandelion\u2019s best-in-class global network BUENA PARK, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and its Money Transfer segment (Ria Money Transfer, Xe and Dandelion) announced today a collaboration with Visa, a world leader in digital payments, to make Visa Direct available to its customers. Through this partnership, Dandelion extends its network as an industry leader, expanding its digital payout capabilities, which includes more than 3.2 billion mobile wallet accounts, 4 billion bank accounts, and 624,000 locations … <\/p>\n
Continue reading “Euronet\u2019s Money Transfer Segment Adds Visa Direct to Expand Its Industry-Leading Dandelion Real-Time Payments Network”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-850966","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEuronet\u2019s Money Transfer Segment Adds Visa Direct to Expand Its Industry-Leading Dandelion Real-Time Payments Network - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/euronets-money-transfer-segment-adds-visa-direct-to-expand-its-industry-leading-dandelion-real-time-payments-network\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euronet\u2019s Money Transfer Segment Adds Visa Direct to Expand Its Industry-Leading Dandelion Real-Time Payments Network - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ria Money Transfer, Xe and Dandelion\u2019s collaboration with Visa will enhance the offering and user experience for its customers by combining Visa Direct\u2019s global reach of over 4 billion debit cards with Dandelion\u2019s best-in-class global network BUENA PARK, Calif., May 14, 2025 (GLOBE NEWSWIRE) — Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and its Money Transfer segment (Ria Money Transfer, Xe and Dandelion) announced today a collaboration with Visa, a world leader in digital payments, to make Visa Direct available to its customers. 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