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PayDo launches Embedded Finance

Press Releases

In a big step to give its customers broader reach, PayDo will launch an embedded finance  feature to work with SEPA, SEPA Instant, and SWIFT transactions in Euro (€) and Pound  Sterling (£). This pivotal event is scheduled for next month. PayDo sticks to its promises to  make cross-border payments and financial services more convenient.  

[Summary/Preamble] 

London, UK, 09.04.2024 — PayDo, a leading Electronic Money Institution (EMI), is on the  way to improving digital finance. It will launch an embedded finance feature for SEPA, SEPA  Instant, FPS and SWIFT transactions. 

Now more than ever, financial agility and global connectivity are crucial. PayDo’s shift to  embedded finance is a game-changer for businesses and individual clients.  

PayDo aims to improve cross-border payments. It will do this by providing access to SEPA,  SEPA Instant, and SWIFT transactions. Besides, PayDo’s clients will be able to embed such  payments directly into their products via API. This will make transfers in Euro and Pound  Sterling faster and more reliable. 

Overall, key benefits of using an embedded finance feature for SEPA, SEPA Instant, and  SWIFT are the following: 

Access to SEPA and SWIFT networks via API. PayDo customers can utilize major  payment networks via API. This makes transactions faster and more efficient.

Expanded Currency Offerings. By adding Euro and Pound Sterling transactions,  PayDo expands to serve a wider range of customers. 

Enhanced Financial Flexibility. PayDo Business Account holders gain great control  over their international transactions. They benefit from real-time processing and  competitive rates. 

When pondering on such a strategic step, PayDo’s Head of Operations [Alexander  Persidsky] indicated the following: 

Starting this journey with embedded finance is a huge step for PayDo and our  customers. We integrate directly with SEPA and SWIFT. As a result, we’re not  just adding services, we’re reshaping the approach toward global payments.”  

About PayDo 

PayDo is a pioneering EMI. It makes financial transactions convenient for businesses and  people worldwide. PayDo was founded in 2017. It has quickly become a leader in its sector.  

PayDo offers a wide range of services, including Business and Personal Accounts, Merchant  Services, Mass Payments, and now, embedded finance.  

PayDo is regulated by the Financial Conduct Authority (FCA). It is committed to the highest  security and transparency standards. PayDo continues to innovate, bridging the gap  between traditional banking and the digital economy. [Boilerplate] 

For more information on PayDo’s services and the upcoming launch of an embedded  finance feature, please visit paydo.com.  

For more information or interview requests, please contact: 
Andreea Manea 
Head of Marketing 
[email protected]

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

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