FinTelegram published the initial review of the FCA-regulated EMI and high-risk payment processor PayDo, controlled by the Ukrainian Sherii Zakharov. The payment processor is apparently heavily engaged in Russia, where many of its website visitors come from. Here is our initial review of PayDo.
According to an Insider, PayDo is connected with the high-risk processor PayOp. Both have a strong operational basis in Ukraine and seem to have an almost identical business focus and specialize in payments for video games, for example. Both companies address merchants, including high-risk industries.
In November 2021, both companies announced a partnership.
The Cyberfinance rating agency PayRate42 also recently listed PayDo and added it to its “Green Compliance” list.