From setup costs and card processing fees to lost revenue from customer churn, the true cost of collecting payments goes well beyond transaction costs. And every added operational cost stifles growth.
These setbacks are compounded by FX costs and hidden fees if you collect payments internationally.
Since moving to GoCardless, we have reduced the cost of processing payments by 90%.
Damian Brychy, COO and Co-Founder, Capital on Tap
Cost-effective payment collection
Automate your payment collection with GoCardless and reduce the cost of collecting payments.
56%
Average cost reduction on payment collection with GoCardless according to an IDC White Paper
Recurring payments, automated
Reduce operational costs by automating otherwise manual processes. Manage payment collection and reconciliation through an extensive choice of over 200 leading partner integrations or our best-in-class API.
Real-time notifications
With GoCardless, up to 97.3% of payments will be collected successfully at the first time of asking. With real-time reporting, you’ll know instantly when a payment fails and can take action with Success+.
Total visibility over payments
Get user-friendly insights and reporting delivered in real-time, allowing you to keep track of the entire payment process. React quickly when a payment does fail, and reduce the burden on your customer support team.
Increase efficiency
Using GoCardless, 59% fewer team resources are required to implement and manage payments.*
59%
Less staff time to manage, extend payment platform. Source: IDC White Paper
Made for payment success
Collect 97.3% of payments successfully the first time with ACH bank debit. If a payment does fail, sit back and let Success+ try again on the best day for each customer.
Made for recurring billing
GoCardless is the only payment provider built specifically for recurring billing. Whether you’re collecting invoices, subscription payments or membership fees, we’ll take care of the payment collection process so you can focus on what you do best.
Everything just works… It’s now a one- or two-touch billing process, once a month. We don’t need to think or worry about it anymore."
John Heggs, Finance Manager, intY
6x faster payment collection with GoCardless
US-based SaaS business Autotask sells subscriptions in more than 50 countries, including the UK, the Netherlands and Germany. Before discovering GoCardless, half of its customers paid monthly fees through bank transfer or check; and half by credit card.
Since switching to Gocardless, Autotask has been able to reduce debtor days to just 3.5 days and minimize payment failure rates to less than 1%.
Trusted by 85,000+ businesses. Of all sizes. Worldwide
Capital on Tap & Reducing costs
“By collecting payments over direct debit and pull ACH versus cards or other payment rails, we've probably saved $10, $15 or $20 million.”
Deel & Payment success
“Prompt and error-free payment into the platform is vital to guaranteeing people are paid on time. GoCardless enables customers to authorize us to pull money from their accounts, so we can schedule payments at the optimum time.”
PremierePC & Reducing fees
“I went on the GoCardless website and thought, ‘Wow, these fees are fantastic. This would reduce our fee structure by over 85%.”
Deputy & Cash flow
“GoCardless has a massive impact on the business because it helps us improve cash flow. As soon as we get payments in our bank, that's cash that we can invest in our aspirations for growth.”
Speak to one of our payment experts about the challenges of reducing your payment processing costs, and we’ll work with you to transform the way you collect recurring payments.
