British company Dojo arrives in Italy with a Pos in the cloud for fast payments

Optimising payment processing time and simplifying day-to-day operations for merchants, restaurant operators, general retail and healthcare professionals. This is the strength of Dojo's offering, which lands in Italy with a payment solution designed specifically for the needs of its customers, the merchants.

At the moment, the offer of Dojo, the commercial name of Paymentsense Ireland, takes the form of an easy-to-use POS, managed in the cloud and compatible with the main business management systems. But the fintech company is already looking ahead: "For now, the service is concentrated on B2B payments, but we are already thinking of expanding to online commerce, with the possibility of payment by link or Qr code," comments Antonio Di Berardino, country manager for Italy, emphasising that other services are also being evaluated, starting with business funding, the possibility of small loans for merchants with repayment through a percentage withheld from the transaction, which could start by the end of 2025.

Licensed as an e-money institution in Ireland, Dojo provides a diverse suite of digital and in-person payment instruments designed to speed up transactions, simplify payment reconciliation and ensure quick access to collected funds. The fintech integrates Wi-fi and 4G connectivity for fast transactions, an intuitive interface for accounting management and processes that enable collections to be cleared in record time.

Having started fifteen years ago in the UK with acquiring services, Dojo has developed into a payment services provider with 150,000 customers and a transaction volume of GBP 42 billion (EUR 50 billion). The year to March closed with revenues of £310m (€367m), up 28 per cent from £241m the year before.

This year it has expanded to Ireland, which has become a launch pad for Spain and, now, Italy, which is considered a strategic market due to the strong presence of SMEs, especially in the catering and hospitality sectors, and the digitalisation of payments. The Innovative Payments Observatory of the Polytechnic of Milan recently confirmed a market that continues to grow in digital payments, which reached EUR 223 billion in the first half of the year (+8.6% on the year before), with the average receipt continuing to fall, down to EUR 42.8. This confirms the use of paper and digital systems even for small everyday payments.