UK FinTech GoCardless is launching in the US today.
In Brief:
Gocardless is based in London and offers a recurring payment service.
It will support debit payments through the Automated Clearing House network, making it easier for merchants to automatically take payments.
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.