IDO, Inc. is a family of companies specifically dedicated to serving the needs of disadvantanged consumers and small businesses.
We curate the best products and services that our members want and need, and deliver them through proprietary technology that is easy to access at prices they can afford.
We're always working to improve our exisiting offerings while continually searching for new products and services that fulfill the needs of our members.
The IDO Family of Companies represents a revolutionary shift in engaging underserved markets, and together, we are dedicated to breaking down barriers that hinder financial and economic growth for small businesses and individual consumers.
We built IDO specifically to address the unique needs of the underserved. Every service we provide is structured to work Cohesively with the others as a "Services Marketplace" that eliminates most of the obstacles facing disenfranchised communities. By creating "Network Effects", our members can be assured of receving the highest quality products and services that are priced well within their means.
54% of small businesses in the US, do not accept debit/credit cards, primarily due to the high fees. Offering small businesses a “fintech ecosystem” of Bank-adjacent products that are natural fits in a digital Banking platform is game-changing for both the financial Institution and the small businesses and the consumers they serve.
Unbanked consumers attempting to navigate an increasingly digital economy face even greater challenges. An unbanked family - 6 million in the US alone - will spend the equivalent of four months' worth of groceries on alternative financial services, Check Cashing, Money Orders, Bill Pay Services, etc. A NO FEE IBank Account can help them avoid those excessive fees and apply them to more productive uses.
Extra benefits accrue to both merchant and consumer when they engage in commerce; merchants pay No Interchange Fees adding thousands to their bottom line. Consumers who shop at IDO Merchants can gain valuable rewards and other perks that exceed most other cards "cash back" schemes.