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."