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PayDo’s Dedicated Multicurrency IBANs: Breaking Down Borders in Fintech

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Businesses need financial solutions that match their international ambitions.

Whether paying contractors, receiving client payments, or handling cross-border transactions, traditional banking systems often fall short. Opening a bank account can take months, and handling large volumes of transactions can be as hard as avoiding the word “AI” in modern media.

Hardships with banking and international transfers are particularly palpable for high-risk industries like iGaming.

That’s where PayDo’s dedicated multicurrency IBANs come in. PayDo’s team of experts did their best to provide clients with an ultimate IBAN solution.  In this piece, we will deconstruct PayDo IBAN and see what makes it unique in Fintech.

 

What Is a Dedicated Multicurrency IBAN?

A dedicated multicurrency IBAN is a unique international bank account number assigned exclusively to one business. This means the business can easily handle international transactions. Unlike pooled IBANs, where multiple businesses share the same account number, a dedicated IBAN gives a business full control over its transactions.

Imagine a company called TechGlobal Ltd. They have customers and suppliers all over the world. With a dedicated multicurrency IBAN, TechGlobal Ltd. can receive payments in different currencies directly into their unique account. If a client in Germany pays an invoice in euros and another client in Japan pays in yen, both payments go straight to TechGlobal’s dedicated account. This makes it easy for them to see who paid and when without confusion.

 The catch—to have a dedicated multi-currency IBAN, a company needs to open a business account. Here’s where the tricky part comes in. Opening a business bank account can take months, not speaking about the number of documents you need to provide. Another major challenge is all about high fees and slow processing times.

Besides, traditional banking methods usually require businesses to maintain separate bank accounts for different currencies. This complicates financial management and increases the costs associated with international payments.

 

PayDo’s Multicurrency IBAN Offering

PayDo is a payment ecosystem that pays particular attention to making its IBAN worthwhile. A user can open a PayDo Business Account in just 48 hours and get as many dedicated IBANs as one wants. Here’s what makes PAyDO IBAN unique:

1. Access to 9 Payment Schemes. PayDo’s IBAN is connected to major local and international payment schemes. These include:

  1. SWIFT
  2. SEPA
  • SEPA Instant
  1. Target2
  2. Faster Payments
  3. CHAPS
  • BACS
  • Kronos2
  1. Fedwire

Such broad access to payment schemes means you can send and receive transfers to various locations without delays. Besides, as a SWIFT Direct Participant, PayDo has exclusive access to the given network.

2. 35+ Currencies. With PayDo, IBAN is truly multicurrency. Along with some most common currencies like EUR and USD, companies get more than 35 currencies with their IBAN. The more currencies you have, the more localised transfers are available. In other words, with a multicurrency IBAN, you can pay global contractors using their preferred currency. And there is no extra cost for any of the 35 currencies involved.

3. High-Risk Industry Support. Many traditional banks avoid high-risk industries like iGaming. On the other hand, PayDo is all about working with high-risk clients. With no volume restrictions and a deep understanding of compliance requirements, PayDo makes international transactions accessible and reliable for industries often overlooked.

4. Quick Onboarding and Global Reach. Opening a dedicated IBAN with PayDo takes as little as 48 hours. In addition, PayDo supports operations in over 150 countries.

 

Breaking Down Financial Barriers

International business often involves dealing with multiple currencies, high fees, and compliance issues. These can create significant operational hurdles. With PayDo’s dedicated multicurrency IBANs, companies no longer need to worry about managing separate accounts or facing delays in cross-border payments.

For example, suppose a company based in the UK works with contractors in Europe and the US. They can easily make payments in euros, pounds, and dollars. No need to open separate accounts or deal with costly conversion fees.

PayDo also takes security seriously. The company complies with global standards and adopts various security measures. The Financial Conduct Authority (FCA) fully regulates the platform in the UK and FINTRAC in Canada.

 

Conclusion

Businesses need financial tools that are as flexible and dynamic as the markets they operate in. PayDo’s dedicated multicurrency IBANs offer a practical, efficient, and secure solution for managing global transactions. With features like 35+ currencies, access to 9 payment schemes, and support for high-risk industries, PayDo sets a new fintech standard.

Open a PayDo Business Account. See for yourself what PayDo IBAN can do for your business.

The post PayDo’s Dedicated Multicurrency IBANs: Breaking Down Borders in Fintech appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Sterling Lotteries selects Yaspa as its primary open banking payments partner

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Yaspa, the award-winning Pay by Bank fintech, today announced a new partnership with Sterling Lotteries, the UK’s market-leading External Lottery Manager (ELM). Sterling has selected Yaspa as its primary open banking payments provider for prize-led fundraising, enabling faster, safer, and more efficient supporter payments across its charity lottery programmes.

Sterling powers weekly lotteries and raffles for 800+ UK charities, from local organisations to national causes. By integrating Yaspa, Sterling can offer a streamlined Pay by Bank experience that confirms entries in real-time, reduces processing costs, and strengthens fraud protection, thereby freeing up more funds for impact.

Yaspa’s Head of Commercial, Amie Kadhim, said: “Sterling sets a high bar for reliability, security, and supporter experience. We’re proud to power their next chapter with instant bank payments that help charities move faster, enhance engagement, and achieve more with every donation.”

The partnership aligns with Sterling’s ongoing modernisation of the charity lottery model, bringing the convenience supporters expect, while improving cashflow and operational efficiency for fundraising teams. Entry confirmation is immediate and funds settle instantly, helping charities plan with confidence and reduce admin overheads.

Richard Dixon, Managing Director at Sterling, said: “We’re thrilled to be partnering with Yaspa to deliver an open banking solution that represents a true sector-first innovation. From the outset, it was clear that Yaspa shares Sterling’s vision for using technology to drive meaningful change in the charity lottery space. Open banking has transformed retail and financial services and now we’re bringing that same innovation to fundraising. It’s faster, more secure, and significantly more cost-effective for charities. By harnessing open banking, we offer charities a bold, efficient, and future-proof way to engage supporters, especially digital-first donors who expect a seamless experience.”

Key benefits for Sterling and its charity partners include:

  • Instant payment settlement and immediate entry confirmation

  • Lower processing costs compared with traditional methods i.e. debit and credit cards

  • Reduced fraud and chargeback risk, utilising bank-grade security

  • A smoother, mobile-first, user journey for supporters

The post Sterling Lotteries selects Yaspa as its primary open banking payments partner appeared first on European Gaming Industry News.

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RocketPlay wins Best Customer Service at European iGaming Excellence Awards

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RocketPlay Casino has been awarded Best Customer Service at the European iGaming Excellence Awards 2025 — a widely respected industry award celebrating excellence and innovation worldwide.

For RocketPlay, this award marks a major milestone — proof that genuine care, innovation, and consistent performance are noticed and appreciated by the iGaming industry.

“Our goal has always been simple — to create a service that players can rely on,” said Alex Martin, PR Manager at RocketPlay. “Winning this award highlights that our focus on trust, speed, and human connection truly makes a difference.”

This recognition also reflects the daily work of RocketPlay’s 24/7 multilingual support team, which delivers help within seconds and reaches 90%+ one-touch resolution. The casino maintains a CSAT score above 90%, and over half of all inquiries are now handled through AI-powered chat while keeping the tone personal and friendly.

The brand continues to strengthen its reputation across the community, holding top ratings such as 9.8/10 on CasinoGuru, 9.1/10 on AskGamblers, 4.4/5 on Trustpilot, and 4.3/5 on LCB.

RocketPlay remains committed to pushing standards higher — ensuring every player receives fast assistance, transparent communication. We thank the award organizers and the jury for this meaningful recognition.

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Boomerang Partners celebrated Golden Boomerang League winners and engaged booth guests with a gift auction at SiGMA Europe 2025

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Boomerang Partners, an affiliate marketing agency and an Official Regional Partner of AC Milan, participated in SiGMA Europe 2025 in Rome from November 4th to 6th, 2025. The company’s booth generated heightened interest among conference participants throughout the event. It was designed in the signature ‘Boomerang Arena’ concept, effectively connecting sports and modern technologies. The booth was divided into several themed zones dedicated to football, tennis, basketball, and boxing, as well as locations for sports-related activities.

One of the main highlights of Boomerang Partners’ participation in the Rome event was the announcement of the Golden Boomerang League winners. This sports traffic tournament took place from September 1st to October 31st. It involved current and new Boomerang Partners’ affiliate partners. 68 teams, which generated 20+ sports FTDs for brands from Boomerang Partners’ client portfolio over the two-month tournament period, made it to the final draw. On November 4th, the company determined the winners using certified randomization tools. The winners became:

  • QQMedia (prize — direct access to the annual Golden Boomerang Awards tournament)
  • Apex Media (AC Milan Experience package, including paid flight, accommodation, and attendance at an AC Milan home match at San Siro Stadium in Milan)
  • Luis Xavier (AC Milan Experience package, including paid flight, accommodation, and an AC Milan home match attendance).

The CEO of QQMedia commented: “Those who know me understand that I work with some of the largest operators in the industry, but Boomerang Partners will always hold a special place in my heart. What they are building is truly impressive, and I am proud to be part of this journey, witnessing how Boomerang Partners is steadily evolving from an underdog into a true power player.

A big thank you also goes to their entire team, especially the affiliate department, and in particular to Lilli, whose outstanding work, constant availability, and solution-oriented approach deserve special recognition.

The next goal is of course to win the Golden Boomerang Awards 2026, and we will give it our all to make that happen.”

Boomerang Partners’ booth guests could play ping-pong with promoters, who were actually professional players in disguise, as well as participate in Soccer Penalty Shootout, bowling, volleyball, tennis, and badminton using Nintendo Switch Sports. For participation and wins, they received chips of various denominations. Chips could also be earned by completing tasks on the Wheel of Fortune, ordering drinks at the bar, and even finding them in the open areas of the SiGMA Rome venue. On November 5th, Boomerang Partners hosted a gift auction at their booth, with chips as a currency. These prizes were raffled off:

  • Luka Modrić (AC Milan) signed jersey
  • iPhone 17 Pro Max
  • Ray-Ban | Meta Wayfarer smart glasses
  • Apple AirPods Pro 3

Those participants who failed to win the auction were in for a surprise. The next day, November 6th, a gift shop with items of varying prices opened at the Boomerang Partners booth. Booth guests could exchange chips for these gifts, which included, for example, AC Milan t-shirts, electric air pumps, instant photo printers, and other prizes.

Anton Eshtokin, Chief Marketing Officer at Boomerang Partners, commented: “Continuing the development of the ‘Boomerang Arena’ concept, we tried to bring numerous sports elements and meanings into the booth atmosphere, thus once again revealing our sports DNA and strategic vector. We traditionally applied the formula that connects business solutions, entertainment, and marketing activities.

We strive to make our booth a place that attracts partners and media, putting considerable effort into preparation, and believe that we have managed to solve the set tasks. We are already preparing for iGB Affiliate in Barcelona and invite you to visit our booth in advance.”

Boomerang Partners are ending 2025 on a major note, but they’re not saying goodbye for long. Stay tuned.

About Boomerang

Boomerang Partners is a rapidly growing global marketing agency offering a wide range of services. Boomerang Partners is the Official Regional Partner of AC Milan. In 2024, it launched the inaugural Golden Boomerang Awards — a global tournament for affiliate teams. More than 400 affiliate teams participated in the second season of the tournament in 2025. The agency launched six new products in 2024-2025, contributing to a nearly 1.5-fold increase in product users.

The agency’s client portfolio contains 13+ brands offering affiliate and entertainment services across 40+ markets in compliance with local regulations. These products provide personalized bonuses and 24/7 multilingual support.

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