GoCardless Pro Enables Enterprise-Level Recurring Payments

In order to open their service for larger companies, GoCardless has launched GoCardless Pro for enterprise payment solutions. The Guardian and Funding Circle have been announced as early users to the new service designed to automate recurring payments via direct debit withdrawals and deposits at a large scale. Though not as developed in the U.S., the practice of direct bank account transactions is common in Europe, especially in London, the home to many financial tech companies.

Founded in 2011, GoCardless is a Y Combinator graduate and UK-based service that allows smaller merchants to easily set up bank transfers for customers. The service offers an API to enable programmatic integration of payments for subscriptions or recurring services. Having recently received $7 billion in Series B funding, GoCardless aims to tap into the SME market, putting themselves in direct competition with Bottomline Technologies, Paypal, and Dwolla. 

 

Original Article

GoCardless Launches Enterprise Direct Debits, Secures The Guardian

Bill Doerrfeld I am a consultant that specializes in API economy research & content creation for developer-centric programs. I study Application Programming Interfaces (APIs) and related tech and develop content [eBooks, blogs, whitepapers, graphic design] paired with high-impact publishing strategies. I live and work in Seattle, and spend most of my time as Editor in Chief for Nordic APIs, a blog and knowledge center for API providers. For a time I was a Directory Manager & Associate Editor at ProgrammableWeb, and still add new APIs to the directory every now and then. Let's connect on Twitter at @DoerrfeldBill, or follow me on LinkedIn.
 

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