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Small businesses and freelancers now have an easier way to get paid online by their clients thanks to a new partnership between FreeAgent and GoCardless.

FreeAgent, who provide the UK’s leading online accounting system, has teamed up with GoCardless, an innovative new payments provider that’s dramatically reducing fees for online payments. The partnership allows users to set up online payments directly through FreeAgent, without paying eye-watering credit card fees.

The integration enables users to get paid directly from their customers’ bank accounts without the need to set up a merchant account to handle the transaction or pay any credit card fees. After setting up with GoCardless, FreeAgent customers can take direct debits from their clients’ bank accounts.

GoCardless charge just 1% of the total transaction value, up to a maximum of £2. In comparison, card providers charge on average 2.5% of transaction value, with no cap.

Roan Lavery, Product Director at FreeAgent, said: “A client payment portal that allows users to have their invoices paid online is one of the most popular feature requests we’ve ever had, so we’re delighted to now be introducing it into FreeAgent.

“GoCardless is a brilliant UK company with big ideas that’s pioneering a new direction in the online payment space. By teaming up with them, we’re making life easier for thousands of small businesses and freelancers across the UK by giving them a cheaper and much less stressful way of getting paid online.

“We’ve already had some amazing feedback for this feature and we’re looking forward to seeing how the rest of our customers find using the GoCardless process for their online payments.”

Tom Blomfield, from GoCardless, added: “It’s been great working with FreeAgent on this new integration. Like us, they are an innovative UK start-up doing exciting things for the small businesses sector - joining forces with them made perfect sense.

“When we say we’ve been working closely, we’re not exaggerating. We’ve both had staff working in each other’s HQs and it’s been really satisfying to see GoCardless forming the bedrock of FreeAgent’s first payment portal.

“It’s this kind of partnership between forward-thinking start-ups that is going to be vital for stimulating the UK economy, so we’re very pleased to be leading the way alongside FreeAgent.”

ENDS

For further information:
Michele Bayliss
PR Consultant
Tel: 01273 475672
Mobile: 0777 937 2106
E: michele@michelebaylisspr.fsnet.co.uk

or Adrian Mather
PR & Social Media Manager
FreeAgent
Tel: 0131 543 3163
Twitter: @freeagent
E: press@freeagent.com

About FreeAgent:

FreeAgent provides an award-winning online accounting system designed to meet the needs of small businesses and freelancers. It maintains a loyal community of more than 20,000 customers worldwide, who pay either monthly or annually for access to its easy-to-use software.

FreeAgent was launched in 2007 by founders Ed Molyneux, Olly Headey and Roan Lavery, all former freelancers who created the system after discovering that there was no available finance tool on the market to give them a clear picture of their business accounts.

Since 2011, FreeAgent has been part of the award-winning MyBusinessWorks applications package that Barclays provides to its business customers. FreeAgent also powers the ‘IRIS OpenBooks’ online accounting system for IRIS Software, whose customers comprise around 50% of the 28,000 accountancy practices in the UK.

Try it for free at: www.freeagent.com

For more information, contact Adrian Mather, PR & Social Media Magnager on press@freeagent.com, through twitter @freeagent or call +44 (0)131 543 3163

About GoCardless:

GoCardless is a next generation payment company offering an API wrapper for bank transfer. The company makes it incredibly cheap and easy for anyone to take payments online. GoCardless is backed by Y Combinator, Accel Partners and Passion Capital.

For more information, contact matt@gocardless.com, visit www.gocardless.com/press or call 0207 183 8674.

This press release was distributed by ResponseSource Press Release Wire on behalf of Michele Bayliss PR in the following categories: Personal Finance, Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.