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Ecommpay taps GoCardless to launch Direct Debits for businesses

By Gloria Methri

April 03, 2024

  • Direct Bank Card Acquirer
  • Direct Debits
  • Ecommpay
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Ecommpay has launched Direct Debit payments for UK and EU businesses in collaboration with GoCardless. The move allows Ecommpay to increase market coverage by approximately 44% without cannibalising existing payment methods.

Direct Debit has surged in popularity and consumer demand and is now one of the UK’s most popular and trusted ways to pay. In addition to evolving consumer payment preferences, businesses face challenges such as fraud prevention and reducing checkout abandonment rates. Recognising existing barriers and shifting end-consumer payment trends, Ecommpay has introduced Direct Debit payments as a proactive response.

The strategic partnership with GoCardless enables Ecommpay merchants to offer subscription-based payments across the UK and Europe, with improved acceptance rates and the security against fraud that comes with bank payments.

Head of Financial Partnerships, Arthur Ribakovs, said, “The addition of Direct Debit capabilities further expands Ecommpay’s already extensive portfolio, including global card acquiring, Open Banking: Advanced, and 100+ local payment methods via a single integration. With a full-stack proprietary ecosystem that ensures 99.999% uptime and around-the-clock business and IT support, Ecommpay is not only strengthening its presence in the UK and Europe but continues to improve its offering for FinTech and e-commerce merchants.

Deepak Colluru, Director of Product Management for GoCardless Embed, said, “We are extremely proud to help Ecommpay launch its Direct Debit offering, enabling its customers to tap into a payment option that is seamless, secure, and highly preferred. Ecommpay’s speed to market is a testament to the simple ‘plug-and-play’ nature of GoCardless Embed, allowing payment service providers to access a global bank payment network in a matter of weeks. We look forward to helping millions of businesses realise the benefits of bank payments, from reducing costs, fraud and manual admin to increasing cash flow and conversion.

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