PayDo taps Convera for SWIFT and cross-border payments

PayDo has chosen Convera to expand its SWIFT receivables and cross-border payment services, using Convera’s global payments infrastructure to support international fund transfers.

Under the agreement, Convera will provide PayDo with services for receiving payments through the SWIFT network and sending funds across borders. The companies did not disclose the financial terms or the launch date.

PayDo provides businesses with services to collect, manage and send funds internationally. Convera provides business-to-business cross-border payments, foreign exchange and receivables services. The agreement will connect PayDo’s payment services with Convera’s international payment processing capabilities.