GoCardless and Financial Cloud Partner to Simplify Payments With Direct Debit and Open Banking

Financial Cloud, a leading provider of enterprise software solutions, has partnered with global bank payment [...]The post GoCardless and Financial Cloud Partner to Simplify Payments With Direct Debit and Open Banking appeared first on FF News | Fintech Finance.

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Financial Cloud , a leading provider of enterprise software solutions, has partnered with global bank payment company GoCardless to improve payments for financial service providers in the UK. This collaboration will see GoCardless’ direct debit payments and Instant Bank Pay (IBP), its open banking payment feature for one-off payments, embedded directly into the Financial Cloud CRM platform. The combined offering brings a variety of benefits to financial service providers.

An all-in-one interface will allow businesses to manage payments and customer data in one place, providing actionable insights into customer behaviors and payment trends. The integration also enables merchants to scale — collections and payment reconciliation remain manageable, even as volumes grow in line with their customer base. For their part, payers can use IBP to make secure bank payments in seconds through a simple payment link.



This makes ad hoc transactions, such as early loan repayments, quick and hassle-free. Kyle MacDonald, CEO of Financial Cloud, said: “We’re excited to partner with GoCardless, a trusted expert in bank payments with a wide range of solutions. The team shares our commitment to innovation and customer-centricity, and together, we’re enabling businesses to simplify payment processes, enhance operational efficiency, and elevate the customer experience.

” Tom Metcalfe, Director, UK&I Partnerships at GoCardless, said: “The financial services sector is evolving rapidly, with increasing demand for easy, efficient and secure payment solutions. By partnering with Financial Cloud, we’re helping businesses stay ahead of the curve with the latest technology, seamlessly integrated into a platform they know and trust. GoCardless partners with more than 350 partners, allowing businesses to seamlessly integrate bank payments into the platforms they use everyday.

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