Instant transfers means real-time confirmation for you and your payers.
Optimise payer conversion
Frictionless authorisation and no need to enter card details.
Reduce fees
Typically 54% cheaper than online card transactions.
Less stress
Spend less time chasing down late or failed payments.
Welcome to the era of 'pay by bank'
The current options for payments are limited. Cards have expensive transaction fees; bank transfers offer a poor customer experience; bank debit is not optimised for one-off payments.
Instant Bank Pay is the GoCardless feature that makes it easy for your customers to pay by bank, using Faster Payments. These instant transfers mean better visibility for both you and your customers, save you time chasing one-off payments, and creating a smoother customer experience.
Businesses report multiple benefits from using open banking
Once payment is made, you both receive an instant confirmation. It’s as easy as that.
“Open Banking actually addresses pretty much the entire list of challenges we had with card payments:
Card fraud → gone
Chargebacks → gone
Refunds or refund requests → dramatically reduced
Processing costs → slashed
Receiving money from acquirers → almost real time.”
Oliver Shaw-Latimer - Senior Director, Payments Innovation
JustGiving
You can try it yourself, right here
Curious what the one-off donation experience is like with GoCardless? Make a donation to The Trussell Trust – a charity supporting 1,200+ food banks in the UK – below.
To welcome you to GoCardless, we are giving you 90 days without transaction fees (the “Promotion”)! You will not be charged any GoCardless transaction fees for transactions successfully collected by GoCardless during the Promotion Period*.
*Up to a total transaction volume limit for the region you are located in:
United States: $10,000 USD
United Kingdom: £5,000 GBP
Eurozone: €5,000 EUR
Australia and New Zealand: $10,000 AUD/NZD
Canada: $10,000 CAD
Denmark: 50,000 DKK
Sweden: 70,000 SEK
To qualify for the Promotion, you must be an Eligible Merchant and click on the “Claim Now” button in your GoCardless account.
To qualify for the Promotion, you must be an Eligible Merchant.
3.1. The promotion period commences when an Eligible Merchant signs up for a GoCardless account (“Start Date”) and automatically ends at 23.59 GMT on the 90th day after the Start Date (“Promotion Period”).
3.2 GoCardless’ normal transaction fees will automatically apply after the Promotion Period. This means that if a transaction is created by an Eligible Merchant during the Promotion Period, but not successfully collected by GoCardless until after the Promotion Period, transaction fees will apply. Visit our pricing page for more information.
