International online banking PayDo announced a collaboration with the leading bank in Germany – Fidor.
Companies will improve the payment infrastructure and help popularize online payments across Europe and the world.
The expansion of the network of correspondents allows PayDo business clients to use all the advantages of European banking, optimize the flow of payments, facilitate entry into new sales markets, minimize fraud, and allow customers to use one of the most promising payment instruments.
In addition, the collaboration of these organizations will improve the quality and speed of SEPA, SWIFT, and Target2 payments, expand the range of services provided to individuals and corporate clients, and process both traditional card payments and alternative methods.
PayDo is the leading internet banking for individuals and various internet businesses, offering an e-wallet, European IBAN, and merchant account for personal and corporate needs.
The company accepts, processes, and sends payments from 170+ countries with 350+ payment methods, including Internet acquiring.
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Services provided by the company:
- European bank account (IBAN) for UK and international clients;
- Online multicurrency wallet;
- Many payment instruments, as well as types of payments (card acquiring, international and local e-wallets, Internet banking, cash, terminals, bank transfers);
- PayDo Quick Checkout. A user-friendly, secure payment page that allows merchants to collect payments quickly. It works across devices and is designed to increase the conversion rate;
- Withdrawal via bank transfers to Visa / Mastercard and e-wallets via SEPA, SWIFT, Target2, local bank transfers.
- Mass withdrawals both through the web interface and through the API;
- No reference to the client’s country of residence. Registration is available for UK and international clients;
- Almost worldwide availability for individuals and legal entities, as well as fast verification of projects.
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Fidor Bank, headquartered in Munich, was founded in 2009. It is a digital bank that aims to improve the banking infrastructure and introduce advanced services. The bank also works closely with clients, allowing them to participate in the bank’s decision-making processes actively.
Fidor is one of the most innovative banks globally, having received several international awards for its unconventional and transparent approach to banking, its activities in the field of financial technology and innovation. In 2020, Forbes magazine included Fidor bank in the list of the best banks in the world.
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