GoCardless Unveils Open Banking Payment Product "Instant Bank Pay" to Offer Businesses With New One-Off Payment Alternative
GoCardless announced on Tuesday the launch of its open banking payments product, Instant Bank Pay. According to GoCardless, merchants who use Instant Bank Pay may take instant, one-off bank-to-bank payments from new and existing customers while still having the benefits of bank debit for their recurring payments. While sharing more details about the product, said Hiroki Takeuchi, Co-Founder and CEO of GoCardless, stated: “Instant Bank Pay addresses this pain point by giving merchants the best of both worlds: open banking will provide instant confirmation of payment authorization, ena...