With the fintech's recent introduction of a within the US, over 225,000 QuickBooks users can now utilize Direct Debit to lower late fees and enhance cash flow.

GoCardless, together with its Direct Debit features, will give Intuit QuickBooks small company users more financial control. Payments are automatically taken from their clients' bank accounts on the due date of an invoice, and they are then reconciled on the Intuit Quickbooks platform. Processing fees for direct debit payments are likewise lower than those for credit card payments.

By doing away with the inconvenience of having to manually start bank transfers and update card details that have expired, been lost, or stolen, small businesses can provide their clients with more secure and frictionless payment experiences.This lowers the possibility of failed payments, late payments, and client attrition.

GoCardless Vice President of Partnerships Seb Hempstead stated: "One way we can help small businesses in this challenging economic climate is through our relationship with Intuit Quickbooks. We can improve cash flow and control costs by lowering failed and late payments and the related administrative burden, as well as by enabling automatic reconciliation. SMBs can now devote more time to expanding their companies as a result.

We can't wait to release our apps in the US and Australia. This not only strengthens our existing partnership with Intuit QuickBooks, but it also demonstrates our dedication to enabling bank payments for small businesses worldwide.

The 2016 introduction of the GoCardless and Intuit QuickBooks integration in the UK and Ireland serves as the foundation for these regional deployments.