GoCardless has extended its partnership with Sage to roll out more banking payment options for small and medium enterprises (SMEs) in markets and segments.
The latest agreement builds on a six-year collaboration between the two parties, and will bring bank payments to more businesses within the Sage customer base through new integrations with the latter’s flagship cloud SMEs.
Sage Accounting and Sage Intacct will allow fintechs to tap into Sage’s customer base in North America and Australia for the first time, as well as extend its reach to corporate and enterprise merchants using Sage Intacct in the UK and Europe.
Both solutions will also strengthen its coverage for SMEs through the new Sage Accounting integration, building on existing integrations with Sage 50 and Sage 200.
Chip Mahan, Global Head Payments & Banking at Sage, said: “Partnering with GoCardless reinforces the strength of our global partner ecosystem, bringing innovative payment solutions directly into Sage Intacct and Sage Accounting.
“This collaboration is more than just expanding our product capabilities; it’s about delivering real value to businesses, enabling secure, streamlined financial processes, and fostering growth in new and existing markets.
“Our combined efforts will provide customers with a seamless payment experience, demonstrating our ongoing commitment to supporting their success.”
This partnership extension enables up to millions of Sage’s SME customers across the world to leverage GoCardless’ Direct Debit and Open Banking payment capabilities, helping to streamline the payment collection process.
The integration allows businesses to manage one-off and recurring payments with enhanced efficiency and control, while cutting down on manual admin. By using bank payments through GoCardless, businesses can also avoid costly fees and high rates of payment failure often associated with traditional card payments.
Seb Hempstead, VP of Partnerships at GoCardless, added: “We’re excited to build on our long-term relationship with Sage, a valued partner with a shared mission to help businesses thrive. By combining Sage’s industry-leading technology with our expertise in bank payments, we can help millions of merchants reclaim their time and money so they can stress less and get on with growing their business.
“The new agreement also represents a huge strategic opportunity, giving us more exposure to corporate and enterprise businesses in all of the markets where we operate. We look forward to growing together with Sage over the next few years.”
