GoCardless · Payment processors
GoCardless review
GoCardless collects recurring payments straight from customers’ bank accounts by direct debit, which usually costs less than card processing and avoids failed payments from expired cards. It suits B2B SaaS companies and businesses that bill clients on a regular schedule.
Who GoCardless is best for
B2B SaaS with monthly or annual invoices and businesses with high card fees on recurring payments.
Businesses selling to consumers by card.
GoCardless collects recurring payments straight from customers’ bank accounts by direct debit, which usually costs less than card processing and avoids failed payments from expired cards. It suits B2B SaaS companies and businesses that bill clients on a regular schedule.
Fees, features and eligibility
| Recurring billing | Recurring collection built in |
|---|---|
| Bank debits | Direct debit is the core product |
| Card rate | Up to 1% + 40¢ per payment |
| Monthly fee | No monthly fee on standard plans |
| Type | Bank debit provider |
| Coverage | Global |
| Best fit | B2B SaaS and businesses billing regularly |
Source: GoCardless published product information.
What stands out
Pros
- Lower cost than cards for recurring payments
- No failed payments from expired cards
Cons
- Not for one-off card payments
GoCardless: common questions
What does GoCardless do?
It collects recurring payments directly from customers’ bank accounts.
Why use bank debits instead of cards?
They usually cost less and don’t fail when a card expires.
Used GoCardless? Help other businesses choose.
