In today’s fast-paced digital commerce environment, the collaboration between Aryza Group and GoCardless is setting a new standard for payment solutions. This expanded partnership not only enhances Aryza’s payment capabilities but also promises to deliver a seamless experience for businesses and their customers across the globe.
Since Aryza and GoCardless began their partnership in 2022, GoCardless has played a critical role in Aryza’s payment systems. The recent enhancement in collaboration will integrate additional GoCardless solutions directly into Aryza’s platform, significantly broadening the range of payment options available to Aryza’s clientele. This move is aligned with the evolving demands of businesses that seek more efficient and cost-effective payment methods—an imperative in an increasingly competitive marketplace.
One of the key features of this integration is the incorporation of GoCardless’ Instant Bank Pay (IBP) technology into Aryza Lend, Aryza’s loan and lease management software. Scheduled for implementation in 2025, IBP will enable quicker, one-off payments for merchants, streamlining the payment process while simultaneously reducing expenses related to traditional card transactions. For businesses striving to enhance their cash flow and customer satisfaction, this is a significant upgrade.
The integration with GoCardless doesn’t stop with instant payments. The partnership will also leverage GoCardless’ Success+ feature, which is designed to recover failed payments effectively. Using machine learning technology, Success+ analyzes millions of transactions to determine the optimal timing for payment retries, boasting an impressive track record of recovering around two-thirds of failed payments. This is a crucial improvement for businesses struggling with payment issues, as it directly addresses revenue loss caused by payment failures.
The strategic focus of this partnership extends well beyond the UK and Ireland, with plans to roll out Direct Debit and IBP solutions across diverse regions, including Europe, Australia, New Zealand, and North America. This international approach will not only open doors for Aryza and its clients but also position both Aryza and GoCardless as leaders in global payment solutions.
Martin Prigent, the Group Director of Partnerships & Key Customer Relationships at Aryza, emphasizes the significance of this partnership, stating, “Our collaboration with GoCardless marks a significant step forward in enhancing our payment capabilities. By integrating GoCardless’ cutting-edge technology, we are excited to offer our clients a seamless payment experience that not only meets their current needs but also positions us for future growth across our global markets.” This sentiment echoes the urgency for businesses to adopt flexible and modern payment solutions that can adapt to their dynamic operational environments.
Tom Metcalfe, Director of UK&I Partnerships at GoCardless, shares a similar enthusiasm about the partnership. He notes, “We’re excited to scale our reach in the banking and lending space through this expanded relationship with Aryza. With effective ways to drive top-line growth while keeping costs down, bank payments are the perfect partner for this sector and we can’t wait to bring the benefits to even more businesses.” This highlights the mutual benefits that both companies anticipate from this enhanced partnership.
In conclusion, the expanded collaboration between Aryza Group and GoCardless signifies a crucial development for businesses looking to optimize payment processes. With the integration of advanced technologies, such as Instant Bank Pay and Success+, both companies are gearing up to enhance the customer experience and drive business growth across multiple regions. As companies of all sizes seek to streamline their payment operations, partnerships like this one will play a vital role in shaping the future of global payment solutions.
