description GoCardless Overview
GoCardless specializes in recurring bank payments (direct debit) with a focus on B2B subscriptions and invoices. It enables businesses to collect payments directly from customer bank accounts at a lower cost than cards. It targets companies with recurring revenue models, especially in B2B. Fees are typically 1% + $0.30 (capped).
It ranks for its expertise in bank-to-bank payments, offering high success rates for large transactions and lower failure rates than cards. Its integration with major accounting software like Xero makes it ideal for automating invoice collections.
help GoCardless FAQ
What are the transaction fees for GoCardless?
GoCardless offers competitive transaction fees, typically lower than credit cards, but varies based on the country and payment amount.
How does GoCardless handle recurring payments?
GoCardless automates the process of collecting recurring payments from customers' bank accounts, making it easier and more efficient for B2B subscriptions.
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