Absa Expands Cross-Border Payment Capabilities With Dandelion

The partnership will increase access to bank deposit payouts in nearly 90 currencies, strengthening international payment capabilities for consumers and businesses.

Highlights

• Through Dandelion, Absa will gain access to international bank deposit payouts in 200 countries and territories through a single global network.
• The partnership expands cross-border payment capabilities across Africa, supporting businesses and financial institutions.

BUENA PARK, California, October 1, 2026 – Dandelion Payments, a Euronet Worldwide, Inc. (NASDAQ: EEFT) company and the global real-time, cross-border payments network, today announced a collaboration with Absa, one of Africa's largest diversified financial services providers, to extend Absa's cross-border payment capabilities for its retail and corporate customers through its affiliates in South Africa and across the continent. The alliance represents a significant step in Dandelion's continued expansion across Africa and reinforces both brands' focus on delivering faster and more transparent cross-border payments.

Through the partnership, Absa will be able to use Dandelion's global payments network to enable international payouts to bank accounts, cash pickup locations, and mobile wallets in 200 countries and 124 currencies, helping expand access to fast and reliable cross-border services. The service is expected to launch in 2027, marking the next phase of the collaboration between Dandelion and Absa to support evolving international payment needs.

As demand for international payments continues to grow, Africa's cross-border payments market is expected to surpass US$1 trillion by 2035. This highlights the significant opportunity for financial institutions to increase their connectivity and meet growing demand for efficient solutions across different corridors.

"Absa's extensive African footprint and trusted customer relationships, combined with Dandelion's global payments network, create a powerful partnership that enables real-time cross-border payments for businesses and consumers wanting to send money across Africa and around the world," said Stanley Wachs, Head of Western Europe & Africa, Dandelion Payments. "This collaboration reflects our shared commitment to deliver greater connectivity and choice through reliable payment experiences."

For financial institutions, the ability to offer efficient international payment services has become an important market differentiator. Dandelion and Absa's partnership addresses the demand for broader access to global payments infrastructure.

About Dandelion

Dandelion is the largest real-time, cross-border payments network in the world, designed to simplify global payment delivery by connecting financial institutions to a broad range of payout capabilities through a single integration. With built-in settlement capabilities and ongoing operational support, Dandelion's global disbursements network, built through direct-to-local connections over nearly 40 years, delivers payments to 200 countries and territories.

Through a single API integration or Swift instruction, Dandelion enables financial institutions to reach more than 4.1 billion bank accounts, 627,000 cash pickup locations, 146 mobile wallets and 3.4 billion mobile wallet accounts.

Dandelion is part of the cross-border payments segment of Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions. Visit www.euronetworldwide.com for more information.

Media Contact: Communications & Press Department: prteam@dandelionpayments.com

About Absa Group

Absa Group Limited is one of Africa's largest diversified financial services providers, listed on the Johannesburg Stock Exchange and serving millions of customers across 16 countries. With over a century of experience on the continent, Absa draws on deep local insight and global reach across its retail, business, wealth management, corporate and investment banking franchises to deliver a full spectrum of financial solutions that support individuals, businesses, and institutions at every stage of their journey.

We are Africa's largest funder of renewable energy and the leading financier of agriculture in South Africa, with a proven record of banking innovation that has earned us multiple industry awards. Guided by our philosophy – Empowering Africa's tomorrow, together… one story at a time – we are building a purpose-led, customer-focused institution that drives sustainable growth across the continent.

For further information about Absa Group Limited, visit www.absa.africa.