Plend & GoCardless Open Banking Integration

Entered in: Open Banking

By leveraging open banking capabilities, Plend and GoCardless provide customers with advanced features and benefits. The integration enables a seamless flow of financial data, empowering customers with greater control over their credit commitments. Variable Recurring Payments (VRPs) enable Plend to be more responsive to their customer's specific needs by adjusting the collection date or amount based on the customer's real-time bank account data. Customers can also tap into features like payment holidays and interest rate freezes without an additional wait. The integration allows Plend to make loan repayments truly tailored to each customer.

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