What’s better than collecting 97.3% of payments first time? Nothing.
Payment failure is increasing your costs. Cut churn, automate collection and improve your finance team’s efficiency by 21%, with Direct Debit.
Payment failure costs more than you think
A failed payment is just the beginning.Â
Bad debt, increased churn, and extra labour costs are quick to follow. Cash flow gets locked up. Customer lifetime value shrinks and cost of acquisition goes up.
And you’re stuck chasing payments instead of growing your business.Â
Want to cut costs? Here’s how much you could save
Discover how much cash flow you could release back into your business with our nifty calculator. In just 3 simple questions, you’ll know just how much you could be saving.
Your payment success. Powered by GoCardless
Deel enhanced their customer experience with prompt, error-free payments
Fast-growing hiring platform, Deel, chose GoCardless to enable prompt and error-free global payments and improve customer experience.Â
Through pull payments, Deel schedules payments at the optimum time, which saves customers time and increases payment success compared with customer initiated bank transfers.
Lifestyle Fitness boosted revenue by recovering 71.6% of failed payments
Lifestyle Fitness collects thousands of monthly recurring payments. But failed payments were a persistent headache
With Success+, they drastically reduced failed payments, unlocked their cash flow and revolutionized the way they collect payments.
Report: Discover 3 ways GoCardless can maximize your payment success
You’ll find out how GoCardless can help you:
Avoid the 8% credit card failure rate (and why it happens in the first place)
Recover payments, even after an insufficient funds notification
Sidestep critical ACH Debit infrastructure failings that happen when you start scaling
Ready to reduce failed payments?
Book a demo with one of our payments experts to find out how the GoCardless solution help you optimize the way you take payments.