PayDo Launches Embedded Finance

  • Payments
  • 10.04.2024 08:05 am

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."  

 

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