GoCardless extends partnership with Sage to reach new markets
By Gloria Methri
Bank payment company GoCardless has extended its strategic partnership with Sage, the specialist in accounting, financial, HR, and payroll technology for small and mid-sized businesses.
The latest agreement, which builds on a successful six-year collaboration, will open new markets and segments for GoCardless. At the same time, it will bring bank payments to more businesses within the Sage customer base through new integrations with Sage’s flagship cloud accounting solutions for SMBs – Sage Accounting and Sage Intacct.
The integration of GoCardless with Sage Intacct puts the FinTech in a strategic position to:
- Tap into Sage’s extensive customer base in North America and Australia for the first time
- Extend its reach to corporate and enterprise merchants using Sage Intacct in the UK and Europe
- Strengthen its coverage for smaller businesses through the new Sage Accounting integration, building on existing integrations with Sage 50 and Sage 200
This enhanced partnership means that millions of Sage’s SMB customers worldwide can now leverage GoCardless’ Direct Debit and open banking payment capabilities, helping to streamline the payment collection process.
The integration allows businesses to manage one-off and recurring payments with greater efficiency and control while reducing manual admin. By using bank payments through GoCardless, businesses can also avoid the costly fees and high rates of payment failure often associated with traditional card payments.
Seb Hempstead, VP of Partnerships at GoCardless, said, “By combining Sage’s industry-leading technology with our expertise in bank payments, we can help millions of merchants reclaim their time and money so they can stress less and get on with growing their business. The new agreement also represents a huge strategic opportunity, giving us more exposure to corporate and enterprise businesses in all the markets where we operate. We look forward to growing together with Sage over the next few years.”
Chip Mahan, Global Head of Payments & Banking at Sage, said, “Partnering with GoCardless reinforces the strength of our global partner ecosystem, bringing innovative payment solutions directly into Sage Intacct and Sage Accounting. This collaboration is more than just expanding our product capabilities; it’s about delivering real value to businesses, enabling secure, streamlined financial processes, and fostering growth in new and existing markets. Our combined efforts will provide customers with a seamless payment experience, demonstrating our ongoing commitment to supporting their success.”
The GoCardless integration is now live for Sage Accounting customers in the UK and Sage Intacct customers in the US, Canada, UK, and France.
IBSi Daily News Analysis
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage