GoCardless, the account-to-account payments specialist, has teamed up with Cashflows to launch Cashflows Payouts, a seamless new service enabling businesses to send real-time disbursements directly into customers’ bank accounts.
Traditionally, refunds, competition winnings, insurance claims and other payouts have relied on slow, manual processes. Cashflows Payouts replaces those delays with instant, branded transfers—available around the clock, including evenings, weekends and bank holidays—through an intuitive self‑service portal.
Built on GoCardless’s payment rails and a bespoke interface developed by Cocoon (now part of Bumper), merchants can:
- Initiate payment requests via a user-friendly dashboard
- Securely collect recipient bank details with Confirmation of Payee (CoP) checks to prevent mis‑directed funds
- Optionally verify recipient identity for enhanced fraud protection
- Track every payout in real time to improve cash‑flow management
This streamlined approach is especially beneficial for sectors such as competitions and skill‑game operators, where gathering and verifying bank details has traditionally been a time-consuming, manual task. By automating these steps, businesses boost operational efficiency and deliver a better customer experience.
“Cashflows Payouts is designed to eliminate the delays and complexity businesses often face when sending payments. By harnessing the power of account-to-account payments—and working closely with trusted partners like GoCardless—we’re giving businesses a fast, secure, and reliable way to manage disbursements, while improving customer trust and experience. This is further evidence of how we’re significantly enhancing our product offering, giving our customers even greater flexibility and control over how they move money.”
— Hannah Fitzsimons, CEO of Cashflows
“Partnering with Cashflows allows us to bring the efficiency of account-to-account payments to a whole new area—disbursements. This is about helping businesses remove friction and deliver funds quickly and securely, whatever the payout. It’s a clear example of how direct bank payments can make moving money simpler and more reliable for everyone. We’re proud to work with best‑in‑class partners to deliver streamlined payouts for hundreds of merchants.”
— Annemarie Graham, Director of Commercial & Partnerships at Nuapay, a GoCardless company
