PayDo Expands C2B Functionality with New Settlement Accounts
PayDo has announced the launch of its new C2B Settlement Accounts, expanding its all-in-one electronic money solution with dedicated infrastructure for customer-to-business bank payments. The new feature is designed to help merchants accept and reconcile “pay by bank” transactions instantly, giving businesses a faster and more transparent alternative to traditional card rails.
Powered by open banking connectivity, the solution removes many of the problems commonly associated with bank transfers, including:
- delayed confirmations;
- manual payment requests;
- and complex reconciliation processes.
When a customer selects pay by bank at checkout, funds are received and settled immediately, while merchants receive real-time API notifications.
In late 2025, PayDo has announced the introduction of C2B Open Banking Collections Accounts.
- PayDo’s C2B Collections Account receives incoming customer payments first, when customers pay by bank transfer, pay-by-bank, or similar methods. It gathers incoming funds, identifies who sent them, and matches each payment to the correct invoice or order. In practical terms, it is the C2B account used to manage money as it comes in.
- PayDo’s C2B Settlement account is where money goes once it has been checked, matched, and approved. At that stage, the funds are available for the business to use. Account owners can withdraw the funds, move them between accounts, or use them for payouts and day-to-day operations. While the collections account handles the arrival of funds, the settlement account is where those funds become ready for use.
PayDo’s C2B Open Banking Collections Accounts can already process more than 100,000 transactions daily. The newly added Settlement Accounts will make it easier to track and allocate funds at lower processing costs.
As a company dedicated to offering as many solutions as possible in the same suite, PayDo remains committed to its goal of battling fragmented payment ecosystems. The challenges that occur when companies have to rely on too many providers are a frequent theme of interviews and public speeches by Serhii Zakharov, PayDo’s Founder and CEO:
“Businesses are suffering from disparate systems that aren’t connected across their companies’ entire financial infrastructures. Our innovation philosophy acknowledges the friction in payment processes, names the ‘silent tax’ of fragmentation, and shows the industry how a single ecosystem could transform the way online businesses work.”
With PayDo continuing to grow its list of offers (the company serves B2B, B2C, and now C2B business models), it becomes apparent that their unique all-in-one approach to business payments is more than sustainable. Unified financial ecosystems are here to stay. They hold the potential to reshape the fintech industry and present a new challenge to the other providers by asking: how many competitors it would take to replace you?
What if it takes just one?
About PayDo
PayDo is an Electronic Money Institution, licensed in Malta (MFSA), Canada (FINTRAC), and the UK (FCA). Their one-contract one-dashboard platform allows businesses to manage all of their financial operations in the same place, reducing their reliance on external payment providers. PayDo operates in 170+ countries and allows transfers in 50+ currencies. Their main offers include multicurrency dedicated IBANs, merchant accounts with Visa and Mastercard principal membership, issuance of virtual and physical cards, and personal accounts for non-corporate users.
