GoCardless vs. Stripe
Lower transaction fees
Lower payment failure rate
Lower level of manual admin
A £500 transaction saves you 48% compared to Stripe
Accepting a £500 payment with Stripe from a standard UK card will cost you £7.70. However, with GoCardless, that transaction costs just £4.00 on our Standard Plan (excluding VAT).
* Pricing as of July 2024. Plans vary, see GoCardless and Stripe pricing
^ Based on market research for cards - not specific to Stripe’s offering
Why bank payments, not cards?
Lower transaction fees
Card payments are routed through a network of intermediaries, with each adding their fee.
Bank payments, by contrast, are direct account-to-account transfers with no intermediaries.
“GoCardless stood out clearly, not only as the simplest, but also the most cost effective way for us to process payments. When we compared GoCardless’ fees to some other providers, they were up to four times cheaper.”
- James McGlade, Founder, Growth Alliance
Lower payment failure rate
Cards expire or get lost and cancelled, resulting in failed payments.
Bank accounts do not expire and cannot be lost, meaning more successful payment collections.
“We've processed around 17,000 direct bank payments in two years and not had a single payment failure, which is absolutely fantastic. That compares with card payments, where we get a lot of failures...”
- Rod Bull, Project Manager, NHS
Less manual admin
Card payment failures create a significant level of manual admin.
Bank payment admin with GoCardless can be automated, including reconciliation.
“Managing memberships and processing payments used to take 2-3 full weeks a month now that’s down to just 1 or 2 hours.”
- Tom Marien, Owner, One Element
Used by 85,000+ businesses. Small to enterprise. Globally.
Why choose GoCardless over Stripe?
Award-winning customer support
GoCardless’ Customer Support Team have won big awards, including European Contact Centre & Customer Service Awards (2022) and Best Small Customer Service Team (2021).
“I have been working with GoCardless for the past 6 years. Every step of our journey, GC have supported me throughout. I cannot think of a single person that has not tried to help or go above and beyond.”
Payers trust bank payments
Bank payment methods such as Direct Debit are well known and trusted in the UK. Indeed, 80% of Brits have at least one Direct Debit and the average consumer has six Direct Debits set up.
“When asked which payment method they trusted most, 89% of payers chose bank payments over card payments.”
Ease of setup and use
GoCardless is easy to set up and integrates with 350 popular business software platforms. Create payment plans in a few clicks inside the user-friendly merchant dashboard, or by API integration.
“We were ready to go within 24-48 hours, it was very, very easy. Everything from the day I registered has worked seamlessly.”
- Lee Drayton, Managing Director, LD Fitness
Get started with GoCardless
Ready for payments with lower fees and fewer failures?
Give GoCardless a go, and see why businesses on G2 prefer it to Stripe. Pay-as-you-go pricing. No commitments. Easy.