06 November 2019

GoCardless teams up with TransferWise to launch service for recurring payments

Written By FinTech Alliance in Payments

GoCardless teams up with TransferWise to launch service for recurring payments

In Brief

  • The new global network will help customers manage subscriptions, invoices and other recurring payments in a simple and transparent manner.
  • It will allow GoCardless customers to collect payments via multiple bank debit schemes around the world, using APIs, and so avoid having to navigate country-specific rules.
  • The partnership (using Transferwise API) helps businesses benefit from low cost, convenient and transparent pricing in multiple currencies without leaving their account.

What this means

The new service is spurred by research that shows, while, 58 percent of UK businesses plan to grow internationally within the next five years, nearly 20 percent say the complexity of taking international payments is inhibiting that expansion.

Read more here
 

Up Next ...
21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

21 November 2024

Machine Learning: Revolutionizing Fraud Detection in Banking

These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...

21 November 2024

MeaWallet Partners with Integrated Finance to Enhance Digital Wallet and Secure Card Data Access for Fintechs

The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs

20 November 2024

Atome Financial Secures $200M Credit Facility to Drive Growth

Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...

More in Payments

Revolut launches Point-of-Sale product

20 March 2024

Revolut has rolled out a Point-of-Sale iPad application for businesses ...

Stripe passes $1trn in payments volume

14 March 2024

FinTech giant Stripe's total payment volume is up 25% from ...

Zodia Markets partners with Fireblocks

14 March 2024

Zodia Markets and Fireblocks join forces to transform corporate cross-border ...

Eleanor partners with Mangopay

12 March 2024

Hotel guest experience management platform Eleanor chooses Mangopay to provide ...

White Papers Payments

Crypto’s embedded finance future

12 January 2022

Cryptocurrencies and investments are more popular than ever. So what’s holding them back from even w...

Articles Payments

The European payments landscape in 2030

22 October 2021

Introducing Marqeta's new European payments report: The European Payments Landscape in 2030: Implant...

White Papers Payments

Make payment optimization a part of your core payment strategy

14 July 2021

According to the Federal Reserve Bank of San Francisco 62% of purchase transactions in 2018 came in...

Articles Payments

PSD2 SCA: How ready are issuers?

22 June 2021

The revised Payment Services Directive (PSD2) is now live in Europe and the biggest question on ever...

There are no Events in this category