Why do you take payments via Direct Debit?
At Firstsocial, we’re passionate about doing a great job at a reasonable price.
That often means we have to cut out the frills – we don’t have a fancy office, we don’t meet our clients face to face, and we don’t use payment vendors that charge over the odds for handling clients’ invoices.
Our £99 per month social media package is cheap, but once you’ve factored in the cost of our time, tax, and software licenses, margins can be tight.
So when certain payment vendors (like the popular one that begins with Pay and ends in Pal) charge us £5 to handle each client transaction monthly, our profit margins start to wither.
At the start of 2019, we decided that enough was enough—U.S. payment firms are squeezing small business owners, and we went on a mission to find a cost-effective and efficient alternative.
By working with the brilliant team at GoCardless to accept Direct Debit payments, we can save money on invoicing and admin and pay as little as 50p per transaction—ten times less than the next major payment vendor.
When you sign up to GoCardless, whether with a personal or business bank account, your details are encrypted and secure. We don’t have access to your account number – we simply allow GoCardless to process a monthly transaction, ensuring your privacy and security.




