UK FinTech GoCardless is launching in the US today.
In Brief:
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Gocardless is based in London and offers a recurring payment service.
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It will support debit payments through the Automated Clearing House network, making it easier for merchants to automatically take payments.
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The firm hopes to attract both domestic and international payments in the US.
What does this mean?
The US is the 30th country GoCardless has expanded to – it says it now covers 70% of the world’s recurring payments by volume.