GoCardless – The best online payment method

Check out the main loan information and find out why it might be a good option for you!

GoCardless is a platform that offers faster and easier payment methods. In this way, it is possible to receive and make payments instantly.

Suitable for both small and large businesses, GoCardless can be a great option for your company.

One of the great advantages of GoCardless is that it offers transfer fees that are up to 50% lower than Paypal.

You will remain on the current site

Main benefits

• Automatic reconciliation of your transactions;
• Low rates;
• Flexible payment;
• Time- saving benefits;
• Lower likelihood of payment failures
• Lower likelihood of missed payment;
• One-off payment;
• Recurring and automated payments.

More about GoCardless

• Transaction fees:

         2% + £ 0.20 per transaction (international).

         1% + £/ € 0.20 per transaction (UK or Eurozone).

• Pros

• Reduced administration;
• Powerful tools;
• Low fees.
• Cons

• Pricing with premium privileges is a little high;
• It takes a while for payments to clear in the account.

Are there any limits on the amount I can collect?

No, there aren’t any limits on how many transactions you can make. But there is a minimum limit on a single transaction. Check out below:

• UK £5000 GBP (with a minimum transaction amount of £1)
• USA $5000 USD
• Canada $5,000 CAD
• Australia $10,000 AUD
• Eurozone €5000 EUR

What can GoCardless be used for?

GoCardless can be used for many purposes, check out some of them:

• Paying for regular payments, including installments for holidays, variable business invoices, and software subscriptions.
• Set up and manage Direct Debit payments with your customers
• Taking payments within the online service that you already use.
• Integrate GoCardless into your website.

Is GoCardless a good option?

Yes, it is. GoCardless guarantees customers lower exchange rates, plus it offers simplified, cheaper, and faster international payments.