Why switch your customers to Direct Debit?
Last editedMay 2023 1 min read
Direct Debit is one of the most popular payment methods in Australia and New Zealand, making it easier and faster to collect payments while saving you admin time.
Growing the number of customers that pay Direct Debits via GoCardless will have a positive impact on your business:
Get paid up to 47% faster
Spend less time chasing payments
Spend 59% less time managing payments
Reduce costs of taking payments by up to 56%
Reduce the stress of getting paid
Businesses that made the switch to Direct Debit
FundTap saves 1 day a week on admin
100% of customers make repayments to FundTap via GoCardless, which means they consistently get paid on time while saving a significant amount of financial admin.
“The integration between GoCardless and Xero is amazing and it’s critical to ensuring we get paid on time, so we always have cash for our clients. When an invoice is created in Xero a future payment is automatically created in GoCardless." Matt Peacey, Founder and CEO, FundTap.
Future Fulfilment collects two-thirds of payments via GoCardless
“Currently, two-thirds of customers use GoCardless, which is just incredible for our cash flow. Automated billing and payments have really reduced the finance team’s workload around debt collection. In fact, GoCardless has cut out a day a week that used to be spent chasing late payments.” Eddie Nedelko, CFO, Future Fulfilment.