PayDo Unveils Comprehensive Payment Ecosystem for Digital Businesses

tamir
Mon, 12 Feb 2024 14:43:00 +0000
EMI, High-risk payment processors, PayDo, Serhii Zakarov

PayDo, the UK-licensed Electronic Money Institution, has formally launched its upgraded Unified Payment Ecosystem, evolving from a specialised E-Wallet provider into a singular financial operating platform for global digital businesses. The ecosystem integrates business banking, non-redirect E-Wallet checkout, mass payments, virtual and physical card issuing into one cohesive environment, accessible through a single contract, integration and dashboard.

The New Architecture

The platform’s innovative architecture is designed to eliminate the operational fragmentation that forces businesses to manage numerous financial vendors. PayDo now provides a connected suite where services are natively interoperable, from holding multi-currency funds to accepting payments and disbursing them globally.

Core Components of the PayDo Ecosystem:

Global Business Banking: Offers dedicated IBAN accounts in the UK, EU, and Canada, with multi-currency holding (EUR, GBP, USD). International transfers are powered by direct integrations with 6 major correspondent banks, optimising speed and cost for SWIFT and SEPA payments.

Unified Merchant Services: A single acquiring platform provides access to over 450 global payment schemes, including all major card networks, local APMs, and PayDo’s proprietary non-redirect e-wallet. This consolidates worldwide payment acceptance into one integration.

Virtual & Physical Card Issuing: Businesses can instantly issue virtual cards for online expenses or procure physical cards for corporate use, with full control over spending limits and reconciliation within the PayDo dashboard.

Mass Payment Orchestration: Automates bulk payouts to contractors, vendors, or affiliates across SEPA, SWIFT, and local rails, directly from the business’s PayDo balance.

Regulatory & Compliance Core: Built on PayDo’s own EMI licenses in the UK and Malta, the entire ecosystem operates under a unified compliance and KYC/KYB framework, simplifying audits and governance.

“The market’s demand has moved beyond accessing individual services to needing a synchronised financial infrastructure,” stated Serhii Zakharov, CEO of PayDo. “Our ecosystem is the answer. A business can now receive a USD payment from a customer,
convert a portion to EUR to pay a European supplier, issue cards for team expenses, and manage it all from one login. We’ve built not just tools, but a cohesive financial workflow.”

This comprehensive approach positions PayDo as a foundational partner for e-commerce platforms, SaaS companies, international marketplaces, and fintechs, enabling them to consolidate financial operations, reduce costs from intermediary layers, and gain full visibility over global cash flow.

PayDo operates under FCA EMI license No. 900594 in the United Kingdom.
For more information, visit www.paydo.com.

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