PayDo Releases Team Members Feature for Business Accounts
By Lauren Towner · 7 April 2025
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.
PayDo’s Unique Ecosystem Innovation
At its core, PayDo’s unique innovation is its unified ecosystem, which seamlessly consolidates business banking accounts and merchant payment solutions into a single interface. This is delivered through one contract and one API, eliminating the fragmentation of managing multiple providers and creating a cohesive operational environment for online businesses.
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 to empower businesses to manage finances collaboratively without compromising on control or compliance,” said Serhii Zakharov, CEO of PayDo. “This capability strengthens our core ecosystem, allowing teams to scale their operations seamlessly within a single, unified platform.”
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.
- Enabling permission control to match organizational responsibilities;
- Increasing operational security through verified access;
- Supporting efficiency and transparency with real-time updates;
- Providing a scalable solution for small teams and large enterprises.
Companies in this story: PayDo
People in this story: Serhii Zakharov