4PointZero – Cloud Specialist

GoCardless

Author : Josh Turner

Simplify recurring payments.

Overview

GoCardless is a fintech company that provides an online payment service for businesses and organizations. Its platform enables businesses to collect recurring payments from their customers or clients via direct debit, eliminating the need for manual payment processing and reducing the risk of payment failures.

The company was founded in 2011 in the UK and has since expanded to other markets, including Europe, the US, and Australia. It serves a variety of industries, including subscriptions, services, non-profits, and SMEs.

GoCardless’ platform is designed to be user-friendly and customizable, with features such as payment pages, branded emails, and payment notifications. The platform integrates with popular accounting software, CRMs, and e-commerce platforms, making it easy for businesses to manage their payments and automate their workflows.

One of the key benefits of using GoCardless is its low transaction fees, which are often lower than those charged by credit card processors. This can help businesses save money and improve their cash flow.

In addition to its payment services, GoCardless also provides resources and tools to help businesses manage their payments and optimize their revenue streams. These include webinars, guides, and analytics tools.

If you’d like to learn more about GoCardless, check out the table below. Or, if you’d like to continue browsing the App Centre, please click here!

More Information

Cost Standard – No monthly fee, pay per transaction only | Plus - £50/month – includes the full standard subscription features plus your name on customer bank statements. | Pro - £200/month – includes the full ‘plus’ subscription features in addition to being able to develop your own payment pages.
Competitors SlimPay, OVRI Banking, Finom, Klarna
Function Simplify Payments
USP GoCardless removes the need for customers to view, approve, and action any invoices you send, so you don't need to wait around for clients to authorise payment upon receipt of a new bill, the payment is made automatically.
Use Case GoCardless is a useful fintech app for any business or organization that needs to collect recurring payments from customers or clients. By automating the payment process, businesses can save time and money while providing a convenient and reliable payment option for their customers.
Features Instant, one off payments | Automated, recurring payments | Accounting integration | Billing & Invoicing | API
Strengths Reduces payment failures | Advanced protection against fraud for recurring payments | Verified authenticator for better protection | Only need to setup payment once and will not need to update details again
Considerations Access to some of the subscriptions can be expensive | User interface can sometimes be confusing
Target Customers Businesses with 1-10 employees that generate $1m-$10m in the Information Technology and Services, Computer Software and Accounting sectors.

Integrated Apps

See More >
Tue 01 2022

Xledger

Xledger is a cloud-based accounting solution which aims to help...

Tue 25 2022

Sage Accounting

Is Sage the app for you? Sage can help your...

Thu 30 2022

QuickBooks

Is QuickBooks the right app for you? QuickBooks helps small-midsized...