Breaking News
PayDo Releases Team Members Feature for Business Accounts
PayDo, a UK EMI-licensed fintech company, announced the launch of Team Members Feature.
This upgrade to their Business Accounts was designed to help companies manage financial operations collaboratively. A step up from one business account per company, this feature now allows businesses to get all hands on deck with hundreds of employees gaining access to one dashboard at no detriment to its performance, for greater control, security, and efficiency.
Team-based financial management is the key to running a scalable well-tuned business, where collective contribution ensures all colleagues have each other’s backs and work toward the same goal. The new feature allows account owners to assign role-based permissions, verify users, streamline approval chains, and stay informed in real time—all within a single PayDo Business Account.
“We designed the Team Members Feature with one goal in mind: to empower businesses to manage finances collaboratively without compromising on control or compliance,” said Andrii Faier, Product Manager at PayDo. “Our business clients needed a better way to delegate access, reduce internal risk, and scale operations—and this feature delivers exactly that.”
Feature Overview
In addition to turning business account management into a group activity for financial teams, the Team Members Feature brings a suite of advanced user-management tools and capabilities:
- Add and Manage Team Members: Easily invite colleagues and assign access to IBAN Accounts, Merchant Services, or Affiliate Accounts.
- Secure Verification: Make sure each new team member completes identity verification before getting access.
- Role-Based Access: Choose from predefined roles like Finance Manager or Support Manager—or fully customize permissions to suit your business structure.
- Compare Roles: View and adjust user permissions in real time to calibrate your processes.
- Approval Workflows: Enable junior team members to request fund transfers that require review and approval by senior staff.
- Real-Time Notifications: Receive instant email alerts for access changes or transaction requests to maximize visibility.
- Scalability: Manage teams of up to 500 users, making it ideal for growing or distributed businesses.
Why It Matters
Manual workflows and the bureaucracy of permission control can stagnate the once-efficient workflows.
PayDo’s feature aims to automate and simplify access to sensitive financial tools in multi-user environments without compromising the speed or safety of the entire infrastructure.
Team Members Feature promises to deliver this by:
- Enabling permission control to match organizational responsibilities;
- Increasing operational security through verified accesst;
- Supporting efficiency and transparency with real-time updates;
- Providing a scalable solution for small teams and large enterprises.
Real-World Use Case
Imagine a large eCommerce business with separate teams handling customer support, vendor payouts, and treasury operations. With the Team Members Feature, the support team can get a view-only access to transaction history, finance managers can initiate transfers, and senior leadership can approve them.
People In This Post
Companies In This Post
- EXCLUSIVE: “The Advantage of Ancient Errors” – Tony Fish in ‘Discover Sibos 2025’ Read more
- EXCLUSIVE: “Game Changer” – Andy Lyons, Freemarket in ‘The Fintech Magazine’ Read more
- Binance Launches The Blockchain 100 Award to Honor Top Creators Driving Blockchain Innovation Read more
- MAPFRE AM Appoints Ismael García Puente as the New Deputy Director of Investment Strategy Read more
- Open Banking Startup Yavrio Named One of CNBC’s UK Top Fintechs 2025, Cementing Leadership in Enterprise Finance Read more