Collecting money (payments) is a nightmare for many small businesses. As Matt Robinson, co-founder of GoCardless, explains, “As a merchant, card companies are a rip-off and the application process is eye-wateringly complex. If you're paying for stuff, the user experience is dreadful -- most check-out processes leave me on the verge of tears.” GoCardless, recently backed by $1.5 million in venture capital, and an entourage of venture backed startups are tackling this problem head on. They aim to disrupt a “business as usual” payments ecosystem and help small businesses cut out the credit...


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