Company Database - GoCardless

GoCardless build simple and secure bank payment solutions. For businesses everywhere.

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

Yes

Buy Now, Pay Later/Instalments/Pay by invoice

Pay by Invoice

  • Business model: White-label
  • Payment instruments used: Direct Debit

Channels

Online

Yes

POS/In-store

No

Omnichannel

No

Services

Settlement currencies

GBP, EUR, SEK, DKK, AUD, NZD, CAD, and USD

Processing currencies

GBP, EUR, SEK, DKK, AUD, NZD, CAD, and USD

Currency available for customers

GBP, EUR, SEK, DKK, AUD, NZD, CAD, and USD

Implementation requirements

Bank account required

Chargeback /Buyer protection

Yes - via the Direct Debit Guarantee

Automated and instant refund

Yes

Reconciliation

Yes – via partner integrations

Fraud prevention (measures)/Risk management

Yes

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