PayDo Marks Nine Years With Direct Acquiring, Open Banking Collections and Stablecoin Checkout

PayDo has been operating for nine years and says it now serves businesses in more than 150 countries, processing over €5 billion annually. For high-risk merchants, the point is not the anniversary itself; it is that PayDo is packaging acquiring, accounts, payouts, cross-border transfers and settlement under one contract and one integration.

1. PayDo says its platform has grown from a single product into a “unified payment ecosystem” that combines acquiring, multi-currency accounts, Open Banking collections, payouts and cross-border transfers. The company says this setup reduces the need for businesses to stitch together multiple providers.
2. The company’s infrastructure now runs through three regulated group entities: Ecommerce Technologies Ltd, authorised and regulated as an Electronic Money Institution in the UK; PayDo EU Ltd, authorised and regulated in Malta; and PayDo Canada Ltd, registered as a Money Services Business with FINTRAC in Canada. PayDo also says it is a principal member of Visa and Mastercard, and a direct member of SWIFT and SEPA.
3. PayDo says it began with an early non-redirect e-wallet, which removed a point of friction that competitors had accepted as standard. That matters in practice because PayDo’s current model is built around bringing more of the payment stack in-house rather than routing merchants through separate vendors for each function.
4. In its ninth year, PayDo added direct acquiring for Apple Pay and Google Pay as a principal acquirer, introduced customer-to-business settlement accounts to speed up Open Banking collections, and expanded payment capabilities across new currencies and settlement methods.
5. The company also added stablecoin pay-in, payout and checkout capabilities, giving businesses access to fiat-to-stablecoin conversion without directly handling crypto. That is the relevant detail for operators who want crypto-adjacent payment flows without running the crypto plumbing themselves.

Serhii Zakharov, CEO and founder of PayDo, said the company chose to invest in direct infrastructure because it “genuinely removes cost and complexity” for clients. For merchants and PSPs, that is usually the whole question: how many moving parts are left after onboarding, and who is actually holding the rails when something needs to settle, convert, or fail over.