GoCardless is the global leader in direct bank payment solutions, making it easy to collect recurring and one-off payments directly from customers' bank accounts through direct debit and open banking. Each year, GoCardless processes more than USD 30 billion in payments, across more than 30 countries.
How the payments method works
We have built a global network for direct bank pay that allows merchants to pull funds automatically from their customers' bank accounts. Merchants can connect directly to the GoCardless dashboard to manage their payments or via one of the 200+ partner integrations that provide a seamless experience. Our global network allows merchants to collect recurring payments from their customers' bank accounts and settle them back in their home country, with FX dealt with automatically.
Target market
Merchants of all sizes, from small businesses to multinational corporations across: Financial Services, Insurance, Information Technology, Energy & Utilities, Communications & Media, Health & Wellbeing, Consumer Goods, and Services
Contact details
help@gocardless.com
Operational area
30+ countries including: UK, US, France, Germany, ANZ
Year founded
2011
Investors
Permira, Black Rock Private Equity Partners
Reach
20 million
Acceptance
70,000
Implementation requirements (non technical)
Bank account
Company's motto
GoCardless build simple and secure bank payment solutions. For businesses everywhere.
Payments type
Online banking e-payments/Account-to-Account payments
Yes
Direct debit
Buy Now, Pay Later/Instalments/Pay by invoice
Pay by Invoice
Channels
Online
POS/In-store
No
Omnichannel
Services
Settlement currencies
GBP, EUR, SEK, DKK, AUD, NZD, CAD, and USD
Processing currencies
Currency available for customers
Implementation requirements
Bank account required
Chargeback /Buyer protection
Yes - via the Direct Debit Guarantee
Automated and instant refund
Reconciliation
Yes – via partner integrations
Fraud prevention (measures)/Risk management
Pricing/Fees structure
https://gocardless.com/pricing/
Future developments
Open Banking, fraud protection, payment intelligence (machine learning)
Transaction volume
Number of transactions
More information upon request
Transactions value
Over USD 30 billion