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PayDo’s Dedicated Multicurrency IBANs: Breaking Down Borders in Fintech
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.
Here are this weeks latest slots releases compiled by European Gaming
Tom Horn Gaming is thrilled to announce the launch of its latest Hold & Win slot game, Majestic Coins. This high-volatility 3×3 slot takes players on a winning quest, where shimmering coins, respins, and grand jackpots lead to massive wins. Set against a sleek black 3×3 reel grid with 5 win lines, Majestic Coins offers classic slot excitement with a modern twist.
Candy Links Bonanza 2 is the newest slot game from Stakelogic, inviting you to wander through magical realms filled with delightfully sweet treats. Amidst this charming backdrop, two 5×5 grids are placed side by side. The grid on the right is where all the gameplay unfolds, while the other grid collects coins. Forming lines of coins wins their values and activates the powerful Wheels of Fortune!
Step into a world where opulence meets nature in Zillion’s latest release, Royal Crown Fruits – a dazzling slot experience filled with vibrant fruit symbols, golden crowns, and thrilling rewards. With 20 winning lines, the game blends classic charm with modern excitement, offering players a chance to strike royal-sized wins.
Big Time Gaming is back with its most exhilarating instalment yet. Max Megaways III invites players to gear up and embark on a high-stakes Arctic mission that’s shaken, stirred, and loaded with epic rewards. In this 6-reel Megaways™ slot, players get up to 117,649 ways to win, and that’s just the start of the action. Armed with MegaDozer™ mechanics, Free Spins, and a treasure trove of bonuses, Max Megaways III is set to deliver edge-of-your-seat excitement like never before.
Play’n GO delves into the mysteries of ancient Egypt with the release of Myth of Dead, a visually stunning slot that combines engaging gameplay with the allure of legendary treasures. This 5-reel, 3-row game with 10 paylines offers a captivating journey into a world ruled by powerful deities and golden riches.
Belatra Games, the specialist online slots developer, has released Blast the Bass, a brand new title that immerses players into an adventure on the open seas. Set out in the deep ocean, Blast the Bass brings together engaging mechanics, big bonus features and fun graphics that entertain players on every spin. A salty old skipper acts as the Wild symbol and will substitute for all regular symbols to combine for winning lines.
Push Gaming has launched Mad Blast, a volatile, multiplier-focused, pay-anywhere game that builds crazy robots along with wild winnings. Set in the workshop of the Mad Tinkerer, quirky, colourful bomb symbols populate the reels, with eight or more required to award a win. Winning symbols are removed from play, and the cascade of replacement icons allows subsequent wins to be formed.
Relax Gaming has revealed Glyph of Gods, an Egyptian-themed slot where hieroglyphs hold the key to wins. Bringing a fresh take on the much-loved Egyptian theme, this game features Glyph Positions which allow for Wild, Bonus, and Glyph symbols to land in dedicated spots, opening up multiple opportunities for big winning moments.
Blueprint Gaming returns in style with Big Catch Even Bigger Bass, offering a plethora of modifiers to maximise players’ winning potential. After years of success with its iconic Fishin’ Frenzy™ series, Blueprint has moved from the ocean to a picturesque lake where a bait box of aquatic symbols take their place on the 6×4, 4,096 win matrix, nestled in a mountainous landscape.
Amusnet announces the exclusive launch of 20 Wild Goals at Betano in Romania from February 20th to March 24th, 2025. 20 Wild Goals is a 5-reel video slot set in a stadium environment, offering 20 paylines. The Wild symbol, represented by a ball, expands to cover the entire reel, boosting the potential for higher wins. The tumbling reel feature adds a layer of excitement by removing winning combinations and increasing multipliers with each subsequent spin.
The post Week 8/2025 slot games releases appeared first on European Gaming Industry News.
Amusnet announces the exclusive launch of 20 Wild Goals at Betano in Romania from February 20th to March 24th, 2025. This collaboration further strengthens the company’s long-term partnership with the operator and reflects Amusnet’s focus on providing localized gaming solutions to meet the needs of the Romanian market.
“With a clear focus on delivering localized, high-quality content, we continue to foster our mutually beneficial collaboration with Betano. By providing tailored gaming experiences, we ensure both Amusnet and our partners drive growth, meet player expectations, and strengthen our collective presence in the region,” said Andreea Popa, Commercial Manager at Amusnet Romania.
20 Wild Goals is a 5-reel video slot set in a stadium environment, offering 20 paylines. The Wild symbol, represented by a ball, expands to cover the entire reel, boosting the potential for higher wins. The tumbling reel feature adds a layer of excitement by removing winning combinations and increasing multipliers with each subsequent spin. The game presents a dynamic and engaging experience designed to appeal to players seeking thrilling gameplay.
Features
Expanding Wild
During the base game, the Wild symbol expands on the whole reel and substitutes for other symbols, increasing the winning potential.
Tumbling Reels with Increasing Multiplier
Winning symbols disappear, making way for the symbols above them while increasing the multiplier with each consecutive win. If new winning combinations appear on the screen after filling the empty positions, they are multiplied by Multiplier, which starts from x2 and increases by 1 with every consequent Tumbling Reels Feature.
Jackpot Cards
The four-level mystery jackpot bonus game Jackpot Cards is also available, just like in the rest of Amusnet’s Online Casino portfolio.
The post Amusnet Deepens Collaboration with Betano for Exclusive Launch of 20 Wild Goals appeared first on European Gaming Industry News.
International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
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