PayDo Launches C2B Settlement Accounts for Faster Pay-by-Bank Merchant Settlement

PayDo has launched customer-to-business (C2B) settlement accounts, a new feature within its all-in-one electronic money solution designed to help merchants accept and settle payments made directly from customers’ bank accounts.

The new functionality expands PayDo’s payment capabilities beyond the business-to-business (B2B) services commonly offered to online merchants by payment providers. Built for open banking payment flows, it is designed to reduce delays, remove the need for manual payment requests and provide instant payment confirmations.

When a customer selects a pay-by-bank option at checkout, the payment is initiated through their banking app and transferred directly into the PayDo ecosystem. Once the funds are received, they are settled to the merchant’s business account in under two seconds, with immediate notification provided to the merchant.

By supporting direct C2B bank payments in a more streamlined way, the new feature is designed to help merchants improve settlement speed, simplify payment operations and gain greater visibility over incoming funds through a unified account structure. It is the latest addition to PayDo’s broader payments ecosystem, marking another step forward in its payments innovation journey.

Serhii Zakharov, CEO and Founder of PayDo, said: “We’ve moved the needle from making open banking possible to making it operationally effective for businesses processing significant payment volumes. This is how a promising payment rail becomes a more practical and reliable part of day-to-day commercial infrastructure.”

The launch reflects growing demand for payment methods that combine a smoother user experience with faster settlement and lower operational friction. Customers can pay without manually entering lengthy account details, while merchants benefit from quicker access to funds and a more cost-effective alternative to some traditional card payment flows.

Built on Payment Initiation Services technology, the solution supports secure bank-to-bank transfers and sits within PayDo’s wider business account ecosystem, enabling merchants to receive funds, manage balances, pay suppliers and move money globally from a single platform.

Beyond its settlement capabilities, PayDo offers merchant accounts and checkout with Visa and Mastercard acquiring, as well as access to more than 350 alternative payment methods. Its broader platform also includes card issuing, crypto payouts and foreign exchange services with regularly updated rates.