The payment orchestration platform, IXOPAY, has partnered with GoCardless, a leading fintech in direct bank payment solutions. This partnership will make it easy for merchants to collect both recurring and one-off payments across over 30 countries.
GoCardless and IXOPAY automate the collection of both one-off and recurring payments, such as invoices and subscriptions,enabling businesses to receive payments from their customers on the date they’re due. All payment details are controlled and reconciled from within the IXOPAY platform. This lets users benefit from greater visibility over their payments, in-depth reporting functionalities and risk management tools.
Merchants that use GoCardless via the IXOPAY platform can streamline their recurring payments across Europe, North America, and Australia by leveraging the company’s global bank debit network.GoCardless also uses the power of Open Banking to fight fraud by verifying mandates at the time of creation, and to collect payments instantly, offering a low-cost alternative to cards for merchants that take one-off payments.
“With more and more eCommerce moving towards a recurring/subscription payments model, providing a seamless experience for both merchants and customers is a priority for many. This partnership with GoCardless strengthens IXOPAY’s pledge to give merchants access to the most innovative experiences in order to optimize their payment stack.” Said Laura Allan, VP Partnerships, Marketing & Business Development at IXOPAY.
“We’re excited to reach more merchants with IXOPAY, helping our joint customers take the pain out of taking payments. With the combined power of bank debit, which helps reduce payment churn by up to 21%, and open banking, which provides instant payment authorization that offers businesses a low-cost alternative to accepting cards for any type of transaction, we believe our account-to-account solutions will help merchants grow their top and bottom line.” Said Mario Böhm, Senior Partner & Alliance Manager at GoCardless
