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UK Paypal Alternative 1% per transaction

Discussion in 'BlackHat Lounge' started by ben10023, Apr 5, 2012.

  1. ben10023

    ben10023 Regular Member

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    Well not quite an alternative in most cases, but pretty promising. They use direct debits to take payment forgoing the card charges so it's only 1% per transaction up to £2 max which is pretty amazing.

    Only really an option for service based stuff as it takes 7 days to get the money, but definitely worth it if you have long term clients.

    https://www.gocardless.com/
     
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  2. britcpa

    britcpa Power Member

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    never heard of 'em before, but checking their website, it says:

    "GoCardless accesses the Direct Debit network through its sponsor, the Royal Bank of Scotland and is registered as a small Payments Institution with the Financial Services Authority."

    as you say, it could well be useful for offliners..
     
  3. ben10023

    ben10023 Regular Member

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  4. wagwag

    wagwag Newbie

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    I mainly just do offline... and I have started using Gocardless.. it is really low charges but I guess thats because they hang on to your money for 7 days.

    But is is really easy to setup. Easy to create links. But you can also use a choice of wordpress plugins.
    The free one only allows you to setup one subscription on your site. But a code canyon one allows you to set up as many payment types and amounts as you wish...
    codecanyon net / item / gocardless-for-wordpress-plugin / 3207246

    But as it is Direct Debit - I guess this can only be applicable for UK businesses doing business with UK clients or customers, as there are no options for IBAN numbers or SWIFT codes.

    Still it fits what I am doing, and saves on those annoying extra charges.