GoCardless

The product is a bank payments platform for collecting one-off, recurring and outbound account-to-account payments that reduces late and failed payments, lowers fees compared to cards, and addresses fraud. It sells to finance, operations and developer teams at businesses ranging from small to enterprise that manage subscriptions, invoices and payouts. It is delivered as a cloud platform with an API and 350+ integrations, supporting Direct Debit and Pay by Bank across 30+ countries with same or next-day settlement.

Key features

• Collect Pay by Bank instant payments
• Automated recurring Direct Debit collection
• Send outbound account-to-account payouts
• Failed payment recovery with intelligent retry
• Advanced fraud protection and chargeback challenge
• International collection in 30+ countries
• Customisable checkout and API integration
• 350+ app integrations including Xero and Salesforce
• Mid-market exchange rate for international payments
• Same or next-day settlement via Faster Payments