GoCardless partners with TransferWise to bring low-cost currency conversion to recurring payments

INSUBCONTINENT EXCLUSIVE:
GoCardless, the London fintech that makes it easy for businesses to offer recurring bank payments, has partnered with TransferWise for its
become a one-stop shop globally for businesses that want to let customers pay via recurring bank payments, known as Direct Debits in the
U.K.It also chalks up another win for TransferWise, which has always wanted to power currency exchange for other financial service providers
and not just its own app, but has sometimes struggled with this aspect of its platform play
largest bank.To date, GoCardless is used by more than 50,000 businesses worldwide, spanning multinational corporations to SMBs
GoCardless says it processes $13 billion of payments across more than 30 countries each year
Along with its U.K
businesses can benefit from low-cost, convenient and completely transparent pricing no matter what the currency, without leaving their
customers via a phased roll-out starting later this month
Receiving currencies initially being supported are GBP, USD, EUR, SEK, DKK, CAD, AUD and NZD.In a brief message exchange with GoCardless
integration should help the company attract new customers as well as better serve existing ones
With more and more companies operating globally, especially digital companies, Takeuchi has long-argued that a recurring payments network
currencies