Aryza Group, a provider of financial software solutions, announces the expansion of its partnership with GoCardless, a global bank payment company.
This collab transforms the existing tech relationship into a comprehensive partnership that includes an introducer agreement across Aryza platforms.
Since becoming a tech partner in 2022, GoCardless has reportedly served a key role in Aryza’s payment solutions.
Via this partnership, both firms are committed to working cooperatively, leveraging synergies to deliver payment solutions for Aryza’s customer base, with GoCardless solutions integrated into Aryza’s platform.
As part of the said agreement, Aryza will reportedly be integrating GoCardless’ open banking-enhanced feature Instant Bank Pay (IBP) capabilities “into its loan and lease management software, Aryza Lend, in 2025 with plans for broader integration across other product lines.”
This initiative gives Aryza customers more choice, offering merchants with an alternative for instant, one-off payments while “reducing the costs associated with traditional card transactions.”
In addition to this, Aryza’s merchants will benefit from GoCardless’ Success+ to recover failed payments, “elevating customer experience.”
Success+, which recovers two-thirds of failed payments on average, applies machine learning “to data from the millions of transactions GoCardless processes each year to intelligently identify the best time for payment retries.”
These enhancements are further examples of Aryza’s commitment to innovation and “responsiveness to market demands.”
As part of this collab, Aryza will extend GoCardless’ capabilities beyond the UK and Ireland, rolling out Direct Debit and IBP solutions “across Europe, Australia, New Zealand, and North America.”
Martin Prigent, Group Director of Partnerships & Key Customer Relationships, commented that their partnership with GoCardless marks a step forward in enhancing their payment capabilities.
Prigent added that by integrating GoCardless’ technology, they are pleased to provide clients a seamless payment experience that “not only meets their current needs but also positions them for future growth across our global markets.”
Tom Metcalfe, Director, UK&I Partnerships at GoCardless, said they’re pleased to scale their reach in the banking and lending space via this expanded relationship with Aryza.
Metcalfe also mentioned that with effective ways to drive top-line growth while keeping costs down, bank payments are the ideal partner for this sector and they are eager to “bring the benefits to even more businesses.”
