Paydoo is the technology company that provides integrated payment solutions offering what is called acquiring-as-a-service as its flagship product. We offer payment processing and acquiring services to European merchants and fintechs.
Started in the Baltics in 2013, Paydoo has grown to become a leading and trusted Payment Service Provider throughout Europe.
Over these years Paydoo has established a global footprint with over 60 employees across its offices in London, Riga, Vilnius, New York & Connecticut (United States). Paydoo is an authorised and registered E-money Institution, (License No.2 from the Bank of Lithuania) operating across 30 countries within the EU. Paydoo provides Visa and Mastercard acquiring services for Card Not Present (CNP) and Card Present (CP) transactions. This year Paydoo received Visa Associate Membership and Mastercard Affiliate status and holds direct Acquiring BINs in Europe and North America.
As well as offering these services, Paydoo offers in-house developed technology including automated merchant onboarding, risk management and payout reporting for ISO’s, ISV’s, and IPSPs.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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