UK-based payments platform GoCardless announced earlier this week it was launching its GoCardless for Xero in New Zealand. According to GoCardless, the new launch means users can automate payment collections and reconciliation against invoices in New Zealand dollars between GoCardless and Xero. The company wrote in a blog post:
“Our 10,000 existing users are really benefiting from improved efficiency with their payments processes. In fact, 84% have reduced the amount of time spent chasing unpaid invoices and 76% say they spend less time on payment reconciliation.”
Founded in 2011, GoCardless is a next generation payments company that makes it “cheap and easy” for anyone to make payments using the Direct Debit infrastructure.
“Our industry-beating pricing (1% up to a maximum of £2), easy payment collection (we automate reconciliation into your accounts) and instant online sign-up mean that we are rapidly becoming the preferred online direct debit option for businesses.”
As part of the launch in New Zealand, GoCardless revealed its PaymentsMap, which is described as a visual tool shows the journey of payments* being collected from customers and paid to businesses, wherever they are in the world. The company added:
“We’ll excitedly stand by to watch New Zealand make its mark on PaymentsMap, yet another stepping stone towards helping businesses collect payments from anywhere, to anywhere.”