Paydoo Payments, UAB

Paydoo Payments, UAB

Paydoo Payments, UAB is an electronic money institution that provides scalable payment solutions for businesses. They offer payment gateways and international payment services to businesses, helping them streamline their payment processes and expand their reach.As an electronic money institution, Paydoo Payments, UAB is authorized and regulated by the Bank of Lithuania. This means that they are subject to strict regulatory requirements and must adhere to high standards of security and compliance.In 2020, Paydoo Payments, UAB had total customer funds to be safeguarded of 13.93 million EUR. This means that they hold and protect customer funds to ensure their safety and availability for transactions.Paydoo Payments, UAB generated a gross profit of 7.12 million EUR in 2020. This indicates the financial success of the company and its ability to generate revenue from its payment services.Overall, Paydoo Payments, UAB is a reputable electronic money institution that offers secure and scalable payment solutions for businesses. Their authorization and regulation by the Bank of Lithuania provide assurance of their compliance with regulatory requirements, and their financial performance demonstrates their success in the industry.

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