GoCardless Reviews

Here are the top 10 alternatives to GoCardless:

1. Paypal: A widely used payment processing solution with recurring billing, reporting/dashboards, and user, role, and access management.
2. Payoneer: Empowers global commerce by connecting businesses, professionals, countries, and currencies with its innovative cross-border payments platform.
3. Square Payments: Works for every business and offers a variety of payment processing solutions.
4. Stripe Payments: A complete payments platform engineered for growth.
5. Amazon Pay for Business: Makes it simple for customers around the globe to check-in and checkout using information already stored in their Amazon account.
6. Birdeye: An online reputation management software.
7. Chargebee: A subscription billing platform designed for businesses.
8. Stripe Connect: A payment platform designed for marketplaces, crowdfunding platforms, and software platforms.
9. Apple Pay: A payment gateway that gives customers an easy, secure, and private way to pay in stores, within apps, on the web, and in Business Chat.
10. 2Checkout from Verifone: A monetization platform designed to address the complexity of online commerce, subscription billing, and global payments.

These alternatives offer a variety of features and services that may suit different business needs. It's important to research each one to find the best fit for specific requirements.

Here are the steps to open an account on GoCardless:

1. Navigate to gocardless.com and click on the Sign Up Now button, or alternatively navigate directly to the sign up page.
2. Fill out a few basic details about your business or organisation to create your account.
3. Choose how you would like to use GoCardless. There are three methods of use available, which can be changed at any time. Starting with the dashboard is recommended.
4. Configure your account settings. Enabling two-step sign in is strongly recommended before taking any further steps on your account. This significantly reduces the likelihood of someone illegitimately gaining access to your account. This is also a good opportunity to give your team their own access to your account as needed.
5. Collect your first payment. Taking a first payment is a great way to see how the process works. If starting with a test payment collecting from yourself, limiting the payment amount to the minimum denomination available for processing is recommended. Please note: You will only be able to create payments once your account is fully verified.
6. Receive your funds. Once payment has been collected from your customer, those funds will then be paid out to you. You can only create and collect payments once your account has been verified, so starting this process as soon as possible is recommended.

Remember, you can only create and collect payments once your account has been verified. So, it's recommended to start the verification process as soon as possible.

GoCardless is a UK-based company that offers a range of account-to-account payment solutions. It provides an API that enables businesses to integrate GoCardless into their own websites or applications. The company also offers pre-built integrations with accounting and billing software such as Xero, QuickBooks, and Zuora.

The main products and services of GoCardless include:

• Online Payment Processing Solution: This service makes it easy to collect recurring, one-off, and variable payments from customers worldwide. It is perfect for subscriptions, invoicing, and instalments.
• Subscription Payments: Businesses can create flexible recurring payment plans to suit their needs. They can accept Direct Debit payments on their website or by sending their customers a secure payment link.
• Invoice Payments: This feature allows businesses to say goodbye to overdue invoices. Customers only need to set up their payment details once, securely online. Then businesses can collect one-off or recurring payments whenever they are due.
• International Payouts and FX: Businesses can collect payments from customers in 30+ countries, including the UK, Eurozone countries, the US, Canada, and Australia.
• Success+: This feature uses payment intelligence to predict and manage payment failures. It can recover, on average, 70% of failed payments.

GoCardless is trusted by 75,000+ businesses of all sizes worldwide. It has helped businesses reduce receivables, boost cash flow, and make payments easier. It also provides better visibility into payments and is easy to integrate with existing systems. The company offers pay-as-you-go pricing, with low transaction fees and no monthly contract. Businesses can get started in minutes.

GoCardless offers two main pricing plans: Standard and Advanced.

The Standard plan charges 1% + £/€0.20 per transaction, capped at £/€4. An additional fee of 0.3% applies to UK Bank Debit payments above £ 2,000. For international transactions, the fees are 2% + £0.20 per transaction.

The Advanced plan charges 1.25% + £/€0.20 per transaction, capped at £/€5. An additional fee of 0.3% applies to UK Bank Debit payments above £ 2,000. For international transactions, the fees are 2.25% + £0.20 per transaction.

Please note that VAT applies to all fees. The benefits of using GoCardless include the ability to collect one-off and recurring payments seamlessly, collect international payments from 30+ countries with the real exchange rate, and use GoCardless with an API, dashboard or integrate with 350+ partner softwares, such as Xero, Sage or Quickbooks..

GoCardless is a fintech company that specializes in bank payments, including recurring payments, Direct Debit processing, and Open Banking. It provides a payment gateway that enables businesses to set up and manage payments, subscriptions, and invoices with automated payment processing. GoCardless allows businesses to collect instant, one-off payments or automated recurring payments without the stress or expensive fees. It's used by over 85,000 businesses globally. The platform also allows businesses to access bank account data from their customers securely, with connections to over 2,300 banks across the UK and Europe. GoCardless makes international payments simple, collecting payments from over 30 countries. It also offers features like easy setup, payment certainty, and the Direct Debit Guarantee, delivering a seamless and secure payment experience, saving everyone time, money, and headaches..

To request a refund from GoCardless, follow these steps:

• Payments collected via GoCardless can be refunded in full or partial amounts via the dashboard or API.
• The ability to process your own refunds is enabled on a case-by-case basis subject to meeting certain requirements. If you would like to have this feature enabled, please submit your request.
• Refunds are processed by GoCardless outside of the bank debit network. Once processed, a refund event will be shown as a debit in the report of the payout the payment was settled against.
• By default, refunds can only be actioned 7 days after the payment charge date. If you have opted out of this safety period, you will be able to process the refund on or after the payout date. Your customer will receive an automated notification when the refund is actioned.
• In most cases, funds will be received within one business day of the refund being actioned. On some occasions, it may take two business days.
• If a payment is refunded that has already been paid out to you, the amount of the refund will be settled against your next payments. The refund will be marked as a 'debit' within the payout it was settled against.
• For safety reasons, it is strongly recommended that payments are not refunded within 7 days of being charged. This allows sufficient time for the payment to be settled into your bank account, ensuring that it was successfully collected and protecting you from refunding unreceived funds. A 7-day refund restriction is imposed on payments by default, however, you may opt-out of this safety feature by contacting the support team.

GoCardless offers two pricing plans:

• Standard Plan: Collect recurring and one-off payments in a straightforward way. The cost is 1% + £/€0.20 per transaction, capped at £/€4. An additional fee of 0.3% applies to UK Bank Debit payments above £ 2,000. For international transactions, the fee is 2% +£0.20.

• Advanced Plan: This plan offers a smart way to recover failures, enhanced customer verification, and full customization. The cost is 1.25% + £/€0.20 per transaction, capped at £/€5. An additional fee of 0.3% applies to UK Bank Debit payments above £ 2,000. For international transactions, the fee is 2.25% +£0.20..