GoCardless launches Recurring Pay by Bank via UK Payments Initiative to compete with card

GoCardless launched a new product on June 6, 2026.

Primary

GoCardless

Date

June 6, 2026

Sub-sector

PAD/ACH & Bank Rails

Signals a competitive shift in recurring payments infrastructure away from card rails toward open banking. Relevant for founders in B2B payments, embedded finance, or subscription platforms evaluating payment method diversification and cost optimization.

Primary company

GoCardless

Counterparty

Not disclosed

Amount

Not disclosed

Event date

June 6, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

FintechTimes

Source: thefintechtimes.com