What is GoCardless?
GoCardless is a payment processing solution for businesses. It provides a way for companies to manage financial transactions, specifically focusing on collecting and sending payments. This service is used by businesses looking to simplify their payment operations and reduce common issues associated with payment collection. Businesses use GoCardless to collect payments directly from bank accounts, which helps minimize payment failures and address fraud concerns. The platform also enables businesses to send payments. This approach helps companies avoid the need to chase payments and can reduce reliance on card-based transaction fees.