Why GoCardless? It’s simply the easiest and most flexible online direct debit solution available anywhere. At 1% + 20p per transaction per transaction (and no other fees at all) it’s great value and customers love it. Money will be in your account in 7-10 working days for first recurring payments, and after that in only 3-5 working days after the payment date.
GoCardless is best suited to recurring billing, but also works for one-off payments if desired*. It's worth noting that for one-off payments it can take several days to leave the customers account, due to it being a direct debit processor.
*Please note that a customer can pay via a mandate (direct debit) for a one-off payment. The mandate is just the saved payment information to be charged that one time and will not create a recurring payment.
Click here for more info on GoCardless.
Why Stripe? No more merchant account numbers needed. Stripe is instantly available, and only 1.4% and 20p for UK issued cards. Collect credit and debit cards without any of the normal hassle, and no additional monthly fees. Payments in your account in 7 days.
Stripe takes an instant payment from the customer's account, so is really well suited to one-off payments. It's totally fine to use Stripe for recurring payments as well.
Click here for more info on Stripe.
Already using Stripe or GoCardless before TeamUp? Get in touch as we should be able to migrate the payment details to TeamUp for you.