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PayDo’s Dedicated Multicurrency IBANs: Breaking Down Borders in Fintech

Published

1 year ago

October 25, 2024

Wladimir P.

paydo’s-dedicated-multicurrency-ibans:-breaking-down-borders-in-fintech

Reading Time: 4 minutes

Businesses need financial solutions that match their international ambitions.

Whether paying contractors, receiving client payments, or handling cross-border transactions, traditional banking systems often fall short. Opening a bank account can take months, and handling large volumes of transactions can be as hard as avoiding the word “AI” in modern media.

Hardships with banking and international transfers are particularly palpable for high-risk industries like iGaming.

That’s where PayDo’s dedicated multicurrency IBANs come in. PayDo’s team of experts did their best to provide clients with an ultimate IBAN solution. In this piece, we will deconstruct PayDo IBAN and see what makes it unique in Fintech.

What Is a Dedicated Multicurrency IBAN?

A dedicated multicurrency IBAN is a unique international bank account number assigned exclusively to one business. This means the business can easily handle international transactions. Unlike pooled IBANs, where multiple businesses share the same account number, a dedicated IBAN gives a business full control over its transactions.

Imagine a company called TechGlobal Ltd. They have customers and suppliers all over the world. With a dedicated multicurrency IBAN, TechGlobal Ltd. can receive payments in different currencies directly into their unique account. If a client in Germany pays an invoice in euros and another client in Japan pays in yen, both payments go straight to TechGlobal’s dedicated account. This makes it easy for them to see who paid and when without confusion.

The catch—to have a dedicated multi-currency IBAN, a company needs to open a business account. Here’s where the tricky part comes in. Opening a business bank account can take months, not speaking about the number of documents you need to provide. Another major challenge is all about high fees and slow processing times.

Besides, traditional banking methods usually require businesses to maintain separate bank accounts for different currencies. This complicates financial management and increases the costs associated with international payments.

PayDo’s Multicurrency IBAN Offering

PayDo is a payment ecosystem that pays particular attention to making its IBAN worthwhile. A user can open a PayDo Business Account in just 48 hours and get as many dedicated IBANs as one wants. Here’s what makes PAyDO IBAN unique:

1. Access to 9 Payment Schemes. PayDo’s IBAN is connected to major local and international payment schemes. These include:

SWIFT
SEPA

SEPA Instant

Target2
Faster Payments
CHAPS

BACS
Kronos2

Fedwire

Such broad access to payment schemes means you can send and receive transfers to various locations without delays. Besides, as a SWIFT Direct Participant, PayDo has exclusive access to the given network.

2. 35+ Currencies. With PayDo, IBAN is truly multicurrency. Along with some most common currencies like EUR and USD, companies get more than 35 currencies with their IBAN. The more currencies you have, the more localised transfers are available. In other words, with a multicurrency IBAN, you can pay global contractors using their preferred currency. And there is no extra cost for any of the 35 currencies involved.

3. High-Risk Industry Support. Many traditional banks avoid high-risk industries like iGaming. On the other hand, PayDo is all about working with high-risk clients. With no volume restrictions and a deep understanding of compliance requirements, PayDo makes international transactions accessible and reliable for industries often overlooked.

4. Quick Onboarding and Global Reach. Opening a dedicated IBAN with PayDo takes as little as 48 hours. In addition, PayDo supports operations in over 150 countries.

Breaking Down Financial Barriers

International business often involves dealing with multiple currencies, high fees, and compliance issues. These can create significant operational hurdles. With PayDo’s dedicated multicurrency IBANs, companies no longer need to worry about managing separate accounts or facing delays in cross-border payments.

For example, suppose a company based in the UK works with contractors in Europe and the US. They can easily make payments in euros, pounds, and dollars. No need to open separate accounts or deal with costly conversion fees.

PayDo also takes security seriously. The company complies with global standards and adopts various security measures. The Financial Conduct Authority (FCA) fully regulates the platform in the UK and FINTRAC in Canada.

Conclusion

Businesses need financial tools that are as flexible and dynamic as the markets they operate in. PayDo’s dedicated multicurrency IBANs offer a practical, efficient, and secure solution for managing global transactions. With features like 35+ currencies, access to 9 payment schemes, and support for high-risk industries, PayDo sets a new fintech standard.

Open a PayDo Business Account. See for yourself what PayDo IBAN can do for your business.

The post PayDo’s Dedicated Multicurrency IBANs: Breaking Down Borders in Fintech appeared first on European Gaming Industry News.

Akshat Rathee

Indian Esports 2026: Strategic Growth and the Asian Games Milestone

Published

8 minutes ago

January 6, 2026

Wladimir P.

indian-esports-2026:-strategic-growth-and-the-asian-games-milestone

The Indian esports landscape is transitioning from a period of rapid “spectacle” growth to a phase defined by lasting institutional structure. Following the implementation of the Promotion and Regulation of Online Gaming Act (PROGA), 2026 is set to be the year where regulatory clarity, international competition, and domestic grassroots development converge.

The Impact of PROGA: Policy into Practice

The Promotion and Regulation of Online Gaming Act (PROGA), signed into law in August 2025, has officially moved from policy to practice. Its primary contribution to 2026 is the explicit separation of esports from money-based gaming.

Legitimacy: By categorizing esports as a legitimate competitive pursuit, PROGA has unlocked state-level adoption and cleared the way for schools and colleges to integrate gaming into their sports frameworks.
Commercial Confidence: With a clear regulatory environment, brands in sectors like FMCG, automotive, and BFSI are now viewing esports as a stable, long-term youth engagement platform rather than a risky experiment.
Athlete Pathways: PROGA facilitates the creation of standardized national registries for athletes, ensuring that competitive integrity is maintained across grassroots and professional tiers.

The Asian Games 2026: A Global Stage

The Asian Games 2026 in Aichi and Nagoya, Japan, serves as the most critical milestone for the ecosystem this year.

Medal Status: Esports will feature as a full medal event with 11 confirmed titles, including League of Legends, PUBG Mobile (Asian Games Version), and Pokémon UNITE.
Indian Prospects: India’s best historical result (quarter-finals in League of Legends at Hangzhou) has set a high bar. For 2026, the focus has shifted toward high-performance training camps and long-term athlete mentorship to secure a podium finish.
Multi-Sport Integration: Participation alongside traditional athletes reinforces the narrative that esports is a viable professional career, further encouraging government investment through schemes like Khelo India.

Market Evolution and Key Trends

The Indian gaming market is projected to reach approximately $5.02 billion in 2026, driven by a massive player base exceeding 500 million gamers.

Trend	Impact in 2026
Mobile Dominance	Over 95% of the market remains mobile-first, fueled by 5G expansion and affordable hardware.
Beyond BGMI	2026 is seeing a push to diversify the market into fighting games, sports simulations, and PC titles to avoid “one-title dependency.”
Monetization Shift	Revenue is shifting from pure advertising toward battle passes, subscription models, and in-game progression.
Tier II & III Growth	Most new user acquisition is coming from smaller cities, demanding more vernacular and localized content.

The post Indian Esports 2026: Strategic Growth and the Asian Games Milestone appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Bison Strike

ENJOY Boosts Global Distribution with Strategic EveryMatrix Deal

Published

8 minutes ago

January 6, 2026

Wladimir P.

enjoy-boosts-global-distribution-with-strategic-everymatrix-deal

ENJOY, the fast-rising iGaming content developer, has secured a significant distribution agreement with EveryMatrix. The deal will see ENJOY’s full suite of video slots and next-generation live casino game shows integrated into the SlotMatrix aggregation platform, making them available to an expansive network of tier-one global operators.

This partnership marks a critical milestone for ENJOY as it enters its primary phase of commercial expansion. By joining the SlotMatrix ecosystem—one of the industry’s largest content hubs—ENJOY gains immediate access to regulated markets worldwide and a streamlined path to brand visibility.

Bison Strike and Innovation in the Spotlight

The integration includes ENJOY’s most recent flagship launch, Bison Strike, alongside a curated library of high-performing titles. ENJOY is carving out a reputation for “indie-style” creative flair combined with technical reliability, focusing on two core verticals:

Video Slots: High-volatility titles with immersive storytelling and meticulously crafted art.
Live Game Shows: 24/7 interactive experiences streamed from a purpose-built studio, designed to drive player retention through next-gen engagement mechanics.

Leadership Insights on Global Scalability

The agreement follows a string of successful partnerships for ENJOY, which has already established links with platforms like SoftGamings and Gamingtec under the leadership of its new CCO.

“This partnership with EveryMatrix gives us a launchpad that, as a newcomer, we are privileged to access,” said Christos Zoulianitis, Chief Commercial Officer at ENJOY. “EveryMatrix’s reputation as a trusted aggregator and its global distribution power allow us to accelerate our growth significantly. We’re bringing fresh ideas to both the slots and live casino verticals, and EveryMatrix gives us the reach to put that innovation in front of the right operators immediately.”

Bjorn Sjoberg, CCO at SlotMatrix, added: “ENJOY has shown real ambition and creative flair with its early releases. Our mission is to connect high-quality, forward-thinking studios with operators who value fresh content, and ENJOY fits that brief perfectly.”

The post ENJOY Boosts Global Distribution with Strategic EveryMatrix Deal appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Blask Index

Saudi Arabia, Greece, and the Philippines Lead iGaming’s Rising Markets in 2025

Published

8 minutes ago

January 6, 2026

Wladimir P.

saudi-arabia,-greece,-and-the-philippines-lead-igaming’s-rising-markets-in-2025

Saudi Arabia, Greece, and the Philippines have emerged as the most significant rising markets of 2025, according to a comprehensive year-end analysis from the market intelligence ecosystem Blask.

The findings are based on the proprietary Blask Index, a real-time tracking tool that monitors player attention and search volumes across 107 countries. While established markets like the United Kingdom maintained the top spots, these three jurisdictions saw the most aggressive climbs in global rankings.

2025 Market Movers: The Biggest Climbers

The global iGaming landscape experienced a shift in 2025 as emerging interest in the Middle East and regulatory overhauls in Asia-Pacific redirected player attention.

Market	Index Rank Change	2025 Position	Key Growth Driver
Saudi Arabia	+9 Places	20th	High youth demographics & digital adoption
Philippines	+4 Places	12th	New PAGCOR B2B licensing framework
Greece	+4 Places	17th	Robust online growth from operators like OPAP

Saudi Arabia: The Surprise Performer

Saudi Arabia was the year’s most improved market, breaking into the Global Top 20 for the first time. Despite strict local prohibitions, the market saw a sharp uptick in interest driven by a young, mobile-first population (over 70% under age 35) and a massive shift toward digital entertainment under the Vision 2030 initiative. The growth reflects an “underground” surge in demand typically seen in restricted but hyper-connected markets.

Philippines: Regulatory Modernization

The Philippines climbed to 12th place, fueled by the PAGCOR (Philippine Amusement and Gaming Corporation) decision to formalize the iGaming supply chain. The introduction of the B2B Accreditation Framework in October 2025 forced game developers, aggregators, and payment providers to undergo formal probity checks, bringing the region in line with mature jurisdictions like the UK and Ontario.

Greece: Digital Transition

Greece’s ascent to 17th place was largely attributed to the performance of its largest operator, OPAP. The company reported double-digit growth in its iGaming and sports betting divisions throughout 2025, with online GGR surging nearly 20% in the first half of the year. This success underscores the Greek market’s successful transition from a retail-heavy model to a digital-first ecosystem.

“The global iGaming landscape is shifting faster than ever,” said Max Tesla, CEO and co-founder of Blask. “Operators that can spot emerging trends early, and understand what is actually driving interest on the ground, are far better positioned to capture new growth opportunities as they appear.”

The post Saudi Arabia, Greece, and the Philippines Lead iGaming’s Rising Markets in 2025 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.