GoCardless & Intuit: SME Support with US, AUS App Launch
Leading payments company GoCardless has expanded its partnership with Intuit QuickBooks by introducing a GoCardless app in the Intuit QuickBooks Marketplace in both the US and Australia.
Launching two new apps in these regions will enable 225,000 QuickBooks users to leverage Direct Debit, reducing late payments and improving cash flow.
The deal expands upon GoCardless and Intuit QuickBooks’ existing partnership in the UK and Ireland, which has been in place since 2016.
GoCardless & Intuit: In support of SMEs
A favourite among SMEs, Intuit QuickBooks’s latest partnership expansion with GoCardless will support its clients in gaining greater control over their finances.
Leveraging GoCardless’s technology, QuickBooks clients can collect payments from their customers with automatic invoicing, the date that payment is due. Funds are collected directly from customers’ bank accounts and reconciled on the QuickBooks platform.
By using Direct Debit payments, SMEs in the US and Australia can now accrue fewer processing fees when compared to credit card payments.
This allows SMEs to offer their own customers a more seamless and safe payments experience, removing the need for updating card details and initiating manual bank transfers.
Both partners are confident this significantly reduces the risk of customer churn and failed and/or late payments.
The financial needs of SMEs have been more pronounced in recent times thanks to macroeconomic uncertainty. GoCardless and Intuit have now furthered efforts to support the payments needs of these small businesses.