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Euronet’s Money Transfer Segment Adds Visa Direct to Expand Its Industry-Leading Dandelion Real-Time Payments Network

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Euronet (NASDAQ: EEFT) has announced a strategic partnership with Visa to integrate Visa Direct into its Money Transfer segment, which includes Ria Money Transfer, Xe, and Dandelion. This collaboration expands Dandelion's real-time payments network by adding access to 4 billion Visa debit cards globally.

The integration enhances Euronet's existing network, which already reaches 3.2 billion mobile wallet accounts, 4 billion bank accounts, and 624,000 locations across nearly 200 countries. Customers can now send funds within minutes to Visa debit cards by simply providing the recipient's name and card number, with transactions protected by both Visa's payment security infrastructure and Euronet's compliance framework.

Euronet (NASDAQ: EEFT) ha annunciato una partnership strategica con Visa per integrare Visa Direct nel suo segmento di Money Transfer, che comprende Ria Money Transfer, Xe e Dandelion. Questa collaborazione amplia la rete di pagamenti in tempo reale di Dandelion, aggiungendo l'accesso a 4 miliardi di carte di debito Visa a livello globale.

L'integrazione potenzia la rete esistente di Euronet, che già copre 3,2 miliardi di conti di portafogli mobili, 4 miliardi di conti bancari e 624.000 punti di servizio in quasi 200 paesi. I clienti possono ora inviare fondi in pochi minuti alle carte di debito Visa semplicemente fornendo il nome del destinatario e il numero della carta, con le transazioni protette sia dall'infrastruttura di sicurezza dei pagamenti di Visa che dal sistema di conformità di Euronet.

Euronet (NASDAQ: EEFT) ha anunciado una asociación estratégica con Visa para integrar Visa Direct en su segmento de Transferencias de Dinero, que incluye Ria Money Transfer, Xe y Dandelion. Esta colaboración amplía la red de pagos en tiempo real de Dandelion al añadir acceso a 4 mil millones de tarjetas de débito Visa a nivel mundial.

La integración mejora la red existente de Euronet, que ya alcanza 3.2 mil millones de cuentas de billeteras móviles, 4 mil millones de cuentas bancarias y 624,000 ubicaciones en casi 200 países. Los clientes ahora pueden enviar fondos en minutos a tarjetas de débito Visa proporcionando simplemente el nombre del destinatario y el número de tarjeta, con transacciones protegidas tanto por la infraestructura de seguridad de pagos de Visa como por el marco de cumplimiento de Euronet.

Euronet (NASDAQ: EEFT)Visa와 전략적 파트너십을 발표하여 Ria Money Transfer, Xe, Dandelion을 포함하는 송금 부문에 Visa Direct를 통합합니다. 이번 협력으로 Dandelion의 실시간 결제 네트워크가 전 세계 40억 Visa 직불카드에 접근할 수 있게 확대됩니다.

이 통합은 이미 32억 모바일 지갑 계정, 40억 은행 계좌, 624,000개 지점을 거의 200개국에 걸쳐 보유한 Euronet의 기존 네트워크를 강화합니다. 고객은 수취인의 이름과 카드 번호만 제공하면 몇 분 내에 Visa 직불카드로 자금을 보낼 수 있으며, 거래는 Visa의 결제 보안 인프라와 Euronet의 준수 체계로 보호됩니다.

Euronet (NASDAQ : EEFT) a annoncé un partenariat stratégique avec Visa pour intégrer Visa Direct dans son segment de transfert d'argent, qui comprend Ria Money Transfer, Xe et Dandelion. Cette collaboration étend le réseau de paiements en temps réel de Dandelion en ajoutant l'accès à 4 milliards de cartes de débit Visa dans le monde.

Cette intégration renforce le réseau existant d'Euronet, qui couvre déjà 3,2 milliards de comptes de portefeuilles mobiles, 4 milliards de comptes bancaires et 624 000 points de service dans près de 200 pays. Les clients peuvent désormais envoyer des fonds en quelques minutes vers des cartes de débit Visa en fournissant simplement le nom du bénéficiaire et le numéro de carte, les transactions étant protégées à la fois par l'infrastructure de sécurité des paiements de Visa et le cadre de conformité d'Euronet.

Euronet (NASDAQ: EEFT) hat eine strategische Partnerschaft mit Visa bekanntgegeben, um Visa Direct in seinen Geldtransferbereich zu integrieren, der Ria Money Transfer, Xe und Dandelion umfasst. Diese Zusammenarbeit erweitert das Echtzeitzahlungsnetzwerk von Dandelion um den Zugang zu 4 Milliarden Visa-Debitkarten weltweit.

Die Integration verbessert das bestehende Netzwerk von Euronet, das bereits 3,2 Milliarden Mobile Wallet-Konten, 4 Milliarden Bankkonten und 624.000 Standorte in fast 200 Ländern erreicht. Kunden können nun innerhalb von Minuten Geld an Visa-Debitkarten senden, indem sie einfach den Namen des Empfängers und die Kartennummer angeben, wobei die Transaktionen sowohl durch die Zahlungssicherheitsinfrastruktur von Visa als auch durch das Compliance-System von Euronet geschützt sind.

Positive
  • Expansion of payment network to include 4 billion Visa debit cards globally
  • Enhanced digital payout capabilities across nearly 200 countries and territories
  • Improved customer convenience with simple name and card number requirements for transfers
  • Dual security protection through Visa's infrastructure and Euronet's compliance framework
Negative
  • None.

Insights

Euronet's Visa partnership significantly expands its money transfer reach to 4 billion debit cards, strengthening its competitive position in global payments.

Euronet's strategic collaboration with Visa marks a substantial expansion of its Dandelion real-time payments network. By integrating Visa Direct, Euronet can now reach an additional 4 billion Visa debit cards globally, complementing its existing network that already connects to 3.2 billion mobile wallet accounts, 4 billion bank accounts, and 624,000 physical locations across nearly 200 countries.

This partnership addresses a significant market opportunity, as 52.8% of people aged 15+ globally have debit cards, according to World Bank data cited in the release. The Nilson Report projects debit and prepaid card transactions will reach $1.1 trillion worldwide by 2029, indicating strong growth potential for this payment channel.

From a competitive standpoint, this integration strengthens Euronet's position against rivals like Western Union and MoneyGram by expanding payment options and enhancing user experience. The ability to execute transfers using just a recipient's name and debit card number simplifies the customer journey significantly.

The dual security framework—leveraging both Visa's payment infrastructure and Euronet's compliance systems—addresses a critical concern in cross-border payments. This enhanced security posture could improve customer trust and potentially reduce fraud-related costs.

This appears to be phase one of a broader collaboration between the companies, suggesting additional revenue-generating integrations may follow. For Euronet, whose business model revolves around transaction fees, expanding the available payment corridors directly impacts potential revenue growth by capturing more of the global remittance market.

Ria Money Transfer, Xe and Dandelion’s collaboration with Visa will enhance the offering and user experience for its customers by combining Visa Direct’s global reach of over 4 billion debit cards with Dandelion’s 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 across nearly 200 countries and territories, to include 4 billion Visa debit cards.

According to the World Bank, 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.

The Nilson Report estimates 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’s Money Transfer segment continues to embrace evolving consumer trends by providing customers with an unmatched digital payout offering.

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

“The shared mission of Euronet’s Money Transfer segment is to enable customers to manage their money movement however they prefer through straight-forward and convenient cross-border payment solutions,” said Juan Bianchi, Euronet’s EVP & CEO Money Transfer segment. “Thanks 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.”

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

This is the first step in Euronet and Visa’s collaboration, as both companies remain committed to fostering growth and driving innovation worldwide.

About Euronet

Starting in Central Europe in 1994 and growing to a global real-time digital and cash payments network with millions of touchpoints today, Euronet now 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 and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone. 

A leading global financial technology solutions and payments provider, Euronet has 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. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 offices worldwide. For more information, please visit the Company's website at www.euronetworldwide.com.



Euronet Contact
Stephanie Taylor
+1-913-327-4200

FAQ

What does the Visa Direct partnership mean for Euronet (EEFT) customers?

The partnership allows Euronet's Money Transfer customers to send funds within minutes to 4 billion Visa debit cards globally, requiring only the recipient's name and debit card number.

How many payment points does Euronet's (EEFT) Dandelion network now reach?

Dandelion's network now reaches 3.2 billion mobile wallet accounts, 4 billion bank accounts, 624,000 locations across nearly 200 countries, plus 4 billion Visa debit cards.

What security measures are in place for Euronet's (EEFT) Visa Direct transfers?

Transfers are protected by dual security measures: Visa's payment security infrastructure and Euronet's compliance framework.

How does this partnership affect Euronet's (EEFT) global money transfer capabilities?

The partnership expands Euronet's digital payout capabilities and enhances its cross-border payment solutions by adding access to 4 billion Visa debit cards worldwide.
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