GoCardless opens up access to Global Bank Payment Network
By Gloria Methri
GoCardless has announced the launch of GoCardless Embed, a new integration for third-party payment providers to access its global bank payment network.
Launched as a while-labelled product, GoCardless Embed allows payment providers to integrate its global bank payment network straight into their platform through a single API.
This integration provides merchants access to various payment schemes in the UK, Eurozone, and US. It also allows them to tap into the account-to-account market and use cases where bank payments are preferred.
GoCardless Embed helps third-party payment providers to increase revenue by expanding the range of payment methods they offer, keeping their merchants in-platform. It also slots seamlessly into their existing solution, meaning payment providers retain complete control over the customer experience.
By adopting GoCardless Embed, merchants also benefit from increased efficiency, tapping into a worldwide network in just a matter of weeks. The integration will give them an end-to-end bank payment solution that provides merchants and their payers all the benefits of bank payments, without any of the complexity traditionally associated with introducing and managing the payment method.
Hiroki Takeuchi, co-founder, and CEO of GoCardless said, “We have spent the past decade optimising bank payments and bringing them into the digital age. Our greatest achievement is building a global bank payment network, connecting disparate payment schemes into one interoperable network — a challenge that our peers and competitors had previously considered insurmountable. Now, for the first time, we have created a product to open up access to our unique network and we’re excited by the positive reactions so far.”
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