Ecommpay Launched Bacs and SEPA Direct Debit by Partnering with GoCardless
Ecommpay, an international Payment Service Provider (PSP) and UK & Europe direct bank card acquirer, launched Direct Debit payments for UK and EU merchants by partnering with bank payment company GoCardless.
The strategic move opens access for Ecommpay merchants to offer subscription-based payments across the UK and Europe, with improved acceptance rates and the security against fraud that comes with bank payments.
It also allows Ecommpay to increase UK and EU market coverage by approximately 44% without cannibalising existing payment methods.
Head of Financial Partnerships, Arthur Ribakovs said:“The addition of Direct Debit capabilities further expands Ecommpay’s already extensive portfolio, including global card acquiring, Open Banking: Advanced, and 100+ local payment methods via a single integration. With a full-stack proprietary ecosystem that ensures 99.999% uptime and around-the-clock business and IT support, Ecommpay is not only strengthening its presence in the UK and Europe, but continues to improve its offering for FinTech and e-commerce merchants.
Ecommpay is a Payment Service Provider, Principal Member of Visa and Mastercard, and a Mastercard MoneySend and Visa Direct certified partner. The company’s diverse payment service portfolio and global coverage enables it to support fast and flexible payments, as well as individual and mass payouts, in 70 countries and 40 currencies.
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