UNIPaaS & GoCardless team to offer bank payments to businesses

By Delisha Fernandes

GoCardless, a bank payment company, has partnered with embedded finance solution provider UNIPaaS.

Through GoCardless Embed, UNIPaaS can offer payment methods such as direct debit and open banking payments.

This will eliminate the need for customers to work with another PSP for bank payments. Additionally, customers will gain access to an easy, secure and cost-effective payment.

David Avgi, CEO and Co-founder at UNIPaaS, said, “We are excited to use Embed to offer bank payments as a new B2B payment option for our customers. UNIPaaS’ one-contract, one-integration solution makes it easy for our platform customers to offer additional payment methods using our embedded UI suite. We are confident that this will help us meet the growing demand for bank payments, and we expect strong take-up based on previous demand.”

GoCardless Embed is a new integration that comes white-labelled as standard, allowing payment providers to integrate GoCardless’ global bank payment network straight into their platform through a single, simple API. The integration provides access to:

• Bank payment schemes in the UK, Eurozone and US, with more to come in the near future
• End-to-end payment processing capabilities for bank payments, including reconciliation, mandate management, reporting and refunds
• Open banking-powered features, including instant one-off and recurring payments in the UK and account verification and fraud prevention across the three markets

Eva Ducruezet, Chief Expansion Officer and MD of GoCardless Embed and Bank Account Data, said, “We are proud to be a trusted partner to UNIPaaS, adding a much-requested feature to its strong embedded finance offering. Through our simple integration, UNIPaaS can fast-track its way to accessing bank payments in more than 25 countries, giving customers exactly what they want.”