01
Create the payment
Enter the amount and an optional reference. Send a link, show a QR code or start from checkout.
How it works
How Paydot payments work.
Create a payment, send the customer to their bank for approval and track the returned status in Paydot.
1RequestLink, QR or checkout
2ApproveInside the customer’s bank
3TrackResult shown in Paydot
Payment flow
From request
to payment status.
02
Approve in their bank
The customer reviews the business and amount, chooses their bank and approves using the bank’s own authentication. Funds are instantly transferred into your account and cannot be reversed.
03
Track the returned status
Paydot receives the latest transaction status and displays it with the amount and reference.
Designed around the bank
Familiar steps.
Fewer details to enter.
The customer uses the bank they already know. Paydot starts the request and shows the returned payment status to the business.
Authenticate with the bank
Approval uses the authentication method provided by the customer’s bank. Paydot never asks for a bank password or one-time code.
No Paydot account needed
Customers can complete the payment without creating another payment account or remembering another password.
No card form
There is no card number to type into Paydot. The customer chooses their bank and continues to its approval flow.
Their bank, their choice
Customers choose from the participating banks available for the payment in their market.
Paydot’s role
Paydot provides a smooth experience.
Why choose Paydot over an IBAN transfer?
- Customers don’t have to type in long IBAN numbers.
- Funds arrive instantly on your bank account.
- Unlike card payments or direct debits, there is no chargeback. Only you can send money back, for example if the wrong amount was paid.
Paydot provides the web interface connecting a customer to their account-holding bank. Payment initiation services are provided by Plaid B.V.
Paydot is not a bank or payment service provider, and does not hold or transfer customer funds. Availability depends on participating banks and markets.
See who handles each partGet started