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GoCardless introduces Outbound Payments to simplify money transfers for merchants

Monday 2 June 2025 09:42 CET | News

Global bank payment company GoCardless has rolled out Outbound Payments, an expansion of its platform that optimises how merchants send money to customers, suppliers, and third parties. 

With this solution, merchants are set to be able to leverage GoCardless to manage account-to-account collections and payouts within a single platform, in turn optimising operations, augmenting reconciliation, and improving payment visibility. Additionally, introducing payouts will support merchants in saving time and resources by eliminating costly set-up, maintenance, and contractual processes, handling collections and payouts in the same place.

GoCardless introduces Outbound Payments to simplify money transfers for merchants

GoCardless’ Outbound Payments capabilities

The Outbound Payments service offers built-in payment security, with merchants being able to reuse stored bank details from payment collections to minimise manual errors when paying out. Also, Confirmation of Payee supports them in ensuring that payouts reach the right recipient by checking that the payee’s name matches the registered bank account details before funds are transferred. Through this, GoCardless seeks to decrease the risk of accidental or fraudulent transfers.

The launch of Outbound Payments comes as a result of the strategic acquisition and integration of Nuapay, which has experience in processing large payout volumes. Including payouts in the GoCardless Payment Platform advances the company’s commitment to delivering solutions that meet the needs, demands, and preferences of its customers, while also solidifying its position in the market.

Commenting on the news, representatives from GoCardless mentioned that adding payouts to their company’s platform allows it to serve additional vertical sectors and use cases. For example, GoCardless can now simplify claims processing for insurance firms and disbursement of funds for lenders. This assists the company in its development strategy as it works towards strengthening its status as a bank payment network.

Latest news from GoCardless

In addition to rolling out Outbound Payments, GoCardless recently joined forces with Policy Expert, a personal line insurance provider, to deliver a more efficient way for customers to pay their pet insurance premiums. The partnership was set to allow Policy Expert customers to pay their insurance premiums with monthly payments through GoCardless’ Direct Debit payments. In turn, this would enable the insurance provider to automate its payment collection services, reducing costs and the time it took to complete administrative tasks, such as following up with customers on late or missed payments. 

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Keywords: product launch, payout, account-to-account payment, financial services, merchants
Categories: Payments & Commerce
Companies: GoCardless
Countries: World
This article is part of category

Payments & Commerce

GoCardless

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