Aryza Group, a financial software solution provider, is expanding its partnership with global bank payment company GoCardless by integrating open banking-powered features into its loan and lease management software.
Following the agreement, Aryza plans to leverage Instant Bank Pay (IBP) capabilities from GoCardless into its ‘Aryza Lend’ software in 2025, with plans for broader integration across other product lines. It hopes the move will offer its customers more choice, providing merchants with an effective alternative for instant, one-off payments while reducing the costs associated with traditional card transactions.
Aryza’s merchants will also benefit from GoCardless’ Success+ to recover failed payments, elevating the customer experience. Success+, which recovers two-thirds of failed payments on average, applies machine learning to data from the millions of transactions GoCardless processes each year to intelligently identify the best time for payment retries.
Martin Prigent, group director of partnerships and key customer relationships at Aryza
“Our partnership with GoCardless marks a significant step forward in enhancing our payment capabilities,” explained Martin Prigent, group director of partnerships and key customer relationships at Aryza. “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.”
Since becoming a technology partner in 2022, GoCardless has supported Aryza’s payment solutions. Through this enhanced partnership, both companies are committed to collaboration, leveraging their synergies to deliver innovative payment solutions for Aryza’s diverse customer base, with additional GoCardless solutions now integrated directly into Aryza’s platform.
Tom Metcalfe, director, UK&I partnerships at GoCardless, said: “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.”
As part of this partnership, Aryza will extend GoCardless’ capabilities beyond the UK and Ireland, rolling out Direct Debit and IBP solutions across Europe, Australia, New Zealand, and North America.
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