PayDo Partners with Germany’s Fidor Bank to Strengthen Its European Payments Backbone

Partnership Aligns with the Rollout of PayDo’s Non-Redirect E-Wallet to Improve Merchant Conversions

PayDo, an international online banking and payments platform, has announced a strategic partnership with Fidor Bank, a well-known digital bank headquartered in Germany. The cooperation is intended to significantly enhance the performance, reliability, and processing speed of SEPA, SWIFT, and TARGET2 transactions for business clients operating across Europe.

By connecting directly to Fidor Bank’s banking infrastructure, PayDo aims to provide merchants with faster settlement times, improved payment stability, and stronger operational resilience when entering or scaling within European markets.

PayDo – Key Corporate Information

Strategic Rationale Behind the Collaboration

The partnership enables PayDo’s business customers to leverage a more advanced European banking framework, reducing friction in cross-border transactions and optimizing payment flows. Direct integration with Fidor Bank’s systems is also expected to contribute to lower fraud exposure and a more robust payment architecture for PayDo’s expanding client base.

This move reflects PayDo’s broader strategy of consolidating essential financial services through fewer but deeper banking relationships.

Launch of the PayDo Non-Redirect E-Wallet

Alongside the announcement, PayDo introduced its proprietary Non-Redirect E-Wallet, a new payment solution designed by CEO and founder Serhii Zakharov. The product addresses a long-standing challenge in e-commerce: checkout abandonment caused by redirects to external payment pages.

Unlike conventional payment flows, the PayDo e-wallet allows customers to complete transactions entirely within the merchant’s website or application, preserving the branded checkout experience from start to finish.

“From the beginning, our focus was on fixing a core usability issue,” said Serhii Zakharov. “Redirect-based checkouts frequently disrupt the purchase journey. Our non-redirect e-wallet keeps customers inside the merchant environment, which is essential for higher conversion and stronger trust.”

Core Benefits of the PayDo Non-Redirect E-Wallet

• Higher Conversion Rates
  Removing external redirects creates a smoother checkout experience and reduces cart abandonment.
• Increased Customer Confidence
  Payments are completed in a familiar, consistent, and secure interface.
• Operational Simplicity for Merchants
  Businesses gain access to a single, integrated payment tool within PayDo’s broader service ecosystem.

From Payment Provider to Ecosystem Builder

With this dual development—the Fidor Bank partnership and the non-redirect e-wallet launch—PayDo continues its transition from a provider of multi-currency accounts and merchant services into a more comprehensive payment infrastructure platform.

The company already supports transactions from more than 170 countries across 350+ payment methods and is positioning itself to help online businesses manage global financial operations through streamlined, tightly integrated solutions.

About PayDo

PayDo delivers internet banking services for both individuals and companies, including e-wallets, European IBAN accounts, and merchant acquiring solutions. Its core mission is to simplify international payments and financial workflows for digital-first businesses.

About Fidor Bank

Fidor Bank is an innovative digital bank based in Munich, Germany. Founded in 2009, it is recognized for its technology-driven approach, community-focused banking model, and early adoption of digital financial services.

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