Bank payment company GoCardless has announced the renewal and expansion of its strategic partnership with Sage.

The latest agreement, which builds on a successful six-year collaboration, will open up new markets and segments for GoCardless.

It will bring bank payments to even more businesses within the Sage customer base through new integrations with Sage’s flagship cloud accounting solutions for small and medium businesses (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 and extend its reach to corporate and enterprise merchants using Sage Intacct in the UK and Europe.

By using bank payments through GoCardless businesses can also avoid costly fees

The partnership will also aim to 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 around the world are now able to 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 cutting down on 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.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Seb Hempstead, VP of Partnerships at GoCardless, said: “We’re excited to build on our long-term relationship with Sage, a valued partner with a shared mission to help businesses thrive. 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 of the markets where we operate. We look forward to growing together with Sage over the next few years.”