Anyone has experience with PayDo.com?

[lavel]

Looking for a valid high risk payment processor and they have approved my business already.

My question is, how reliable is this company, they look to be EMI and Merchant account provider in one solution which is not bad at all.

What do you think?

Personal Account with Dedicated multi-currency IBAN - PayDo

Open and manage your personal account with PayDo. Experience easy and convenient financial management with our dedicated multi-currency IBAN.

paydo.com

 

[X0t0]

i never used , but it looks good i just applied for an account , good thing for me their IBAN can receive USD

 

[X0t0]

i checked their reference number in the FCA and company really exist

Ecommerce Technologies LTD (fca.org.uk)

 

[tacokai]

Please, if someone get an account live report back here and let us know how it is going.

 

[jwein]

Have used before, while not being the cheapest option it certainly is legitimate and your money will be safe with them

 

[tacokai]

Have used before, while not being the cheapest option it certainly is legitimate and your money will be safe with them

can you elaborate on what fees we look at and why not the cheapest?

 

[X0t0]

Have used before, while not being the cheapest option it certainly is legitimate and your money will be safe with them

can you please say how much many you get in and get out ? without problem for a personal account

 

[rowena]

Their onboarding team full of morons and probably their compliance team too. I don't recommend them even if you have a 100% legitimate business.

 

[JohnLocke]

Their onboarding team full of morons and probably their compliance team too. I don't recommend them even if you have a 100% legitimate business.

Wouldl ike to hear more?

I tried to use their contact form, it does not work, I don't even get a confirmation email that they have received my inquiry... this was the first sign that made me suspicious.

 

[X0t0]

Wouldl ike to hear more?

I tried to use their contact form, it does not work, I don't even get a confirmation email that they have received my inquiry... this was the first sign that made me suspicious.

same for me , i applied. with my document and they were rejected without any email or explanation , just like that

 

[uplana]

I read on another place that they can accept most business:

we would like to announce the possibility to accept payments on your website with the feature Quick Checkout without the additional creation of a Merchant account.

Anyway, they also want to answer questions on public forums which are related to a certain business case. hmmmm what do you think can they be trusted?

In the Mentor Group I found more reliable and responsive payment processors even for high risk business, so what would make me use this one if I have doubts.?!

 

[DavidG]

We are in the appliance repair plan industry, we would like to do 100% Moto payments. Uk business, servicing Uk. Does anyone know how we can get these types of companies onboarded?

We find that most payment providers are not interested in this industry and the ones that are interested, only offer e-commerce, or pay-by-link.

 

[yngmind]

Used them before for a year, trash processor.

refunded payments for like 1-2 last months and deducted from my account then blocked me and told me thats disputes from my customers.

dont use!