Last month we announced our new scheme launch with GoCardless in Australia. And now we’ve turned our attention to the Nordics…
We’re excited to announce that Zuora customers in Sweden and Denmark can now take recurring payments with GoCardless via Autogiro and Betalingsservice!
This new partnership in Sweden and Denmark will support the growth of the Nordic Subscription Economy and solve the common issues that enterprise businesses face through collecting recurring payments.
Per Karl Stjernstrom, GoCardless’s Head of Global Enterprise Partnerships: “As a global payments provider, we know that businesses need scalable solutions to effectively manage recurring payments across multiple territories. We’re really excited to be growing our partnership with Zuora through these new scheme launches to help businesses collect payments through Bank Debit from their customers across the Nordics.”
Bg Autogiro is a Direct Debit scheme for collecting Krona-denominated payments from a bank account in Sweden. It’s the Swedish equivalent to SEPA Direct Debit in the Eurozone and Bacs Direct Debit in the UK.
Bg Autogiro is a popular method for collecting payments in Sweden. Approximately eight out of ten Swedes use Autogiro with the average customer paying five to seven bills per month via Autogiro.
Autogiro payments are bank-to-bank. Autogiro operates through the Bankgirot clearing scheme, rather than through the card networks. This has significant benefits when taking payments on an ongoing basis:
Betalingsservice is the Direct Debit scheme within Denmark, it enables merchants to automatically collect Krone-denominated payments from their customers.
The Betalingsservice clearing scheme avoids the need to use any card networks. Operating in this way can be beneficial when taking payments on a regular basis, for example:
According to John Phillips, Managing Director, EMEA, Zuora, “Our mission is to enable all companies to be successful in the subscription economy. Collaborating with GoCardless means we can offer our customers, and their customers, more flexibility and scalability when it comes to subscribing to new goods and services.”
This latest integration is another key milestone in solving the common problem of late payments—in the Nordics and around the world.
GoCardless for Zuora is now live in the following countries and schemes:
Eurozone – SEPA – EUR (€)
UK – BACS – GBP (£)
Australia – BECS – AUD ($)
Sweden – Autogiro – SEK (kr)
Denmark – Betalingsservice – DKK (kr)