Question 1

What is Dandelion by Euronet?

Accepted Answer

Dandelion by Euronet is a global payments platform which modernizes the current cross-border payments system in order to make the world's money work better for all. The Dandelion fintech platform moves beyond the limited reach of traditional payments offerings to provide access to more businesses, more countries and more consumer and business accounts creating a more inclusive payments universe with an easy-to-integrate infrastructure that enables unprecedented access to real-time, cross-border payments into bank accounts, mobile wallets and cash payouts in retail locations. Spanning more than 7 billion accounts and 570K+ retail locations in over 190+ countries, the Dandelion platform provides instant access to global markets, empowering businesses to grow quickly while maintaining their focus where it should be: on their customer.

Question 2

Why is Euronet launching Dandelion now?

Accepted Answer

Businesses send more than $155 Trillion in cross border payments annually - the total cost on these transactions is in excess of $200 Billion*. This creates an overlooked opportunity where businesses rely on fragmented systems that are hard to navigate due to complex global regulations and no ownership of the end-to-end experience. International payments touch an average of five banks which is highly inefficient; they are costly, time-consuming, and require manual processes like emails, paper trails and phone calls. Moreover, companies and individuals making international payments often have little visibility of transaction status, delivery times, or costs.

With this launch, Euronet is changing the game for cross-border payments, leveraging the modern financial infrastructure it has built for its own use and making it available to other companies as the foundation for seamless global payments with a frictionless experience and instant, unlimited access to one country or the whole world. Dandelion offers the payments infrastructure that FinTechs and companies across countless industries have needed to enable rapid global expansion – and we know it works, because we use it ourselves.

Question 3

How does Dandelion fit into the broader Euronet portfolio?

Accepted Answer

Over many years, Euronet developed its own financial infrastructure, called Dandelion, that it uses for its own portfolio of companies. It is now making it available for businesses and customers around the world. Businesses will now be able to use this infrastructure to enable instant, frictionless cross-border payments, with built in settlement and compliance capabilities, without having to invest massive resources and time to independently build direct global connections and the infrastructure that is required to safely and securely enable cross-border payments.

Question 4

What distinguishes Dandelion from other cross-border payment systems?

Accepted Answer

Dandelion is a one-stop payment solution with a number of unique benefits, including:

- Reach five billion accounts of banks, neo-banks, and mobile wallets
- Bank account access to 170+ countries, and 4.1B accounts
- Mobile wallet access to 59 countries, and 3.1B accounts
- Cash delivery to more than 160 countries and more than 570,000+ locations
- Proprietary payments network with direct connectivity to banks, mobile wallets and retail locations for cash payout
- Full transparency, with end-to end transaction status
- Integrated world-class global compliance framework with localized expertise
- Good funds delivered in minutes (or less) to business or consumer accounts

Question 5

Who would benefit from Dandelion's services?

Accepted Answer

Businesses – from FinTechs and Banks, to accounting platforms – that want to instantly expand their global payments footprint and simplify their payment processes.

Building a global payments infrastructure like Dandelion is a multi-decade proposition. By integrating the Dandelion fintech platform, the problem of achieving a ubiquitous, global payout network — without having to invest the massive resources and time to build direct connections and integrations internally — is solved.

Question 6

Can you describe how the Dandelion platform works?

Accepted Answer

Dandelion provides a single, customizable API integration that is designed serve all payment types originating from businesses and consumers. Companies can deploy the API natively from their platform for a seamless look, simplifying international payments by eliminating unnecessary communications. Additionally, Dandelion leverages Euronet's world-class compliance experience.

Question 7

What are some of Dandelion's key features?

Accepted Answer

- Seamless Flexibility: Dandelion is easily adaptable to businesses of all types – from fintechs to accounting platforms. It offers a single, customizable API for easy integration designed for a variety of use cases for businesses and consumers. Companies can also deploy natively from their platform for a seamless look.
- Global Reach: By leveraging Euronet's direct connections to local rails infrastructure across 190+ countries, Dandelion provides full network access to a global network of banks, neo-banks, wallets and cash payout at retail locations. Euronet's expansive network eliminates the need to establish relationships with receiving banks across multiple currencies.
- Unmatched Speed: With its unparalleled global infrastructure, Dandelion is the largest cross-border, real-time payments network in the world.
- Built-In Compliance Support: Euronet has 35 years of world-class compliance experience, including country-specific compliance expertise, around the globe.
- Unparalleled Transparency: Unlike other payment options, Dandelion follows the live status of the payment. End-to-end payment status tracking allows customers to have full visibility into the status of their payments at all times. Dandelion eliminates hidden transfer fees, improves exchange rates and drives down costs. And, instant settlement is built onto the platform for even greater peace of mind.

Dandelion FAQs

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Dandelion FAQs

What is Dandelion by Euronet?▾

Why is Euronet launching Dandelion now?▾

How does Dandelion fit into the broader Euronet portfolio?▾

What distinguishes Dandelion from other cross-border payment systems?▾

Who would benefit from Dandelion's services?▾

Can you describe how the Dandelion platform works?▾

What are some of Dandelion's key features?▾