7 best subscription payment gateways for businesses in the UK
Subscription-based businesses are using subscription payment gateways to streamline their recurring payment services. Let’s take a closer look…
Carmen James
Wonderful payment solutions
Wonderful makes it easy to integrate open banking with your business
-
Add Wonderful to your online checkout using our Payments API or our eCommerce store plugins.
-
Integrate Wonderful with your accountancy software.
-
Install our One app for in person POS transactions, to generate tap-to-pay links and payment QR codes.
How much will you save?
The Wonderful rate includes our paid subscription.
Monthly / Annually
The cost of processing payments using Wonderful vs the headline rates offered by Stripe, GoCardless and PayPal is illustrated.
Based on published rates on 1st July 2024
Impressed?
Register with us today and start saving.
£0.00
Wonderful
£0.00
GoCardless
£0.00
Stripe
£0.00
PayPal
The cost of processing payments using Wonderful vs the headline rates offered by Stripe, GoCardless and PayPal is illustrated.
Based on published rates on 16th February 2024
Powered by
open banking
No fuss, no stress - just instant payments. With Open Banking, money moves directly from one bank account to another. You approve it straight from your online banking or mobile app, no need to type in account numbers or sort codes. It’s as simple as tapping a button, and it’s super secure too.
You’re not alone. 11.3 million people are already using Open Banking to make life easier with faster payments and smarter services.
- Open banking users in the UK
- 11.3 million
-
Simple
- No more juggling long card numbers, names, or security codes. With us, your customers just pick their bank and approve the payment in their banking app. The money goes straight from their account to yours - quick, easy, done.
-
Fast
- Nobody likes waiting around, especially at checkout. With Wonderful, paying is about four times faster than using a card - especially on mobile. Three steps, no hassle: tap or scan, pick your bank, approve the payment. Quick and painless.
-
Secure
- The safest way to keep financial data secure? Don’t handle it at all. Unlike card payments, our instant bank payments mean you don’t need to collect or store sensitive customer info. Less data, less risk, more peace of mind.
WooCommerce plugin launched
Get your WooCommerce store up and running with Wonderful Payments’ new plugin - fast, simple, and saving you money. It takes no time to install, and your savings could stack up to thousands.
-
2,000 transactions per month
- With our package, you get 2,000 transactions a month included. Gone over that? No problem - extra transactions only cost a penny each. Easy and affordable, no surprises.
-
Easy setup and installation
- No tech headaches here. You’ll have our WooCommerce plugin installed and ready to roll in just a few clicks. Download the plugin and activate directly from WordPress or WooCommerce.
-
Instant settlement and refund support
- Start taking payments instantly. Our plugin gets your WooCommerce store processing payments in real time, and supports refunds too - quick and hassle-free.
Other Wonderful integrations
Supercharged. Minus the super charges
In addition to our Wonderful payments API, which your developers can use to integrate Wonderful into your online checkout, we have kicked off our third party integrations with a plugin that lets you take payments right from your WooCommerce store. Next up is a plugin for Xero allowing your customers to automatically generate invoices each time they create a payment using the One app. Each integration is priced at just £9.99 / month.
One mobile app
Take secure, instant payments from your customers with our One mobile app. Whether you’re at the point-of-sale or sending a quick tap-to-pay link (as shown in the video), we’ve got you covered. Your customers don’t need our app - they just confirm the payment in their own banking app - we even make it easier by remembering which banks they prefer to use.
No more hefty payment processing fees. We settle instantly at just 1p per transaction - leaving much more money in your pocket.
One is available FREE for UK charities.
-
Sage
A software solution for your business' accounting, payments, human resource management, payroll and more.
Coming soon
-
Xero
Our Accountancy integration allows merchants to import customers from Xero and automatically create and send emails from payments generated using our One app. It only takes a couple of minutes to integrate and connect.
More info
-
Quickbooks
Accounting software to help your business automate accounting, bookkeeping, invoicing and time, inventory and expenses.
Coming soon
Wonderful payments API
By using our API to integrate Wonderful’s instant bank payments into your online checkout,
you’ll make huge savings on payment processing. You’ll also benefit from instant settlement
whilst giving your customers a simple, fast and secure journey through checkout.
More info
Our wonderful open banking payment plans!
At just 1p per transaction, our subscription plans offer incredible value.
And, your first two weeks are free. Choose a plan to get started.
Starter
£9.99 plus VAT / month
1,000 transactions (1p per transaction).
- cardless POS payment app
- Web administration
- Order and transaction history
- 1 x admin (each extra: £9.99 / month)
Plus
£19.99 plus VAT / month
2,000 transactions (1p per transaction).
- cardless POS payment app
- Web administration
- Order and transaction history
- 1 x WooCommerce integration, or
- 1 x Xero integration, or
- 1 x One Public API Key
- 3 x admins (each extra: £4.99 / month)
Charity
FREE
Unlimited transactions (0p per transaction).
- cardless POS payment app
- Web administration
- Order and transaction history
- 5 x admins
- Access to Wonderful Org
- Donate buttons for charity websites
Before you continue, please confirm:
-
You operate from a UK address
-
You hold a supported UK bank account (Check supported banks)
-
You represent a UK registered charity which has been operating for more than 18 months
Invalid charity number
Supported banks
Have we teamed up with your bank yet?
- 1 Yay! My bank is supported. Get started→
- 2 Boo. You didn’t get to my bank yet.
Your business bank must be displayed in order to use Wonderful Payments. We also have a list of supported banks for customer payments for reference. We’re adding new banks at a pace to match our Head of Tech’s coffee consumption. (Almost.)
If your business bank isn't supported yet, please suggest a business bank and we’ll be in touch.
When did we get so wonderful?
Back in 2016, we launched wonderful.org - a free charity fundraising platform that teamed up with some of the UK’s most deserving causes. It’s where our journey began, and it’s why we’ve always believed in using tech for good.
Endorsed by the Money Saving Expert
Our platform quickly gained traction and was endorsed by the Money Saving Expert. But with all that success came a challenge - the high cost of card processing started holding us back, limiting how much we could do.
Moving to Open Banking
Switching to Open Banking was the game-changer. It didn’t just solve our problem, it solved yours too. We believe businesses and charities shouldn’t be hit with high fees just to get paid.
Continued growth
We’re still proudly providing fee-free services to UK charities, because we know charities, donors, and fundraisers do amazing work every day. Now, you and your customers can help support those efforts with a wonderful, hassle-free checkout experience.
“We’ve been using Wonderful for a few months now. Reducing payment processing costs by 99% is a winner, but we’ve also been very impressed with the payments technology. We can use Wonderful's One app to take payment in the showroom or generate a payment link which we email to our customer. Either way, the money is in our account instantly and we remove all the faff of getting paid.
The Wonderful team is very helpful so if you’re new to open banking or have any questions about how it works, they’re always on hand. Getting started is straightforward and you’ll be saving straight away. Highly recommend.”
Luke
Nissan Rowstock
Testimonials
People who think we're wonderful
“In a world were most organisations are trying to make money out of anyone and everyone, Wonderful has given us a fundraising platform that is free, enabling us to give more funds to our cause and the reason we are here.
Finally we have now found a fundraising platform that is really here for charities. Thank you Wonderful.”
Wendy
Care and Relief for the Young
“We're in the open banking space now. It has been a huge priority of mine to exceed user's expectations and if there is a financial benefit to us (free transactions) then it's a no brainer. Thank you to the Wonderful team.”
Therese
CAFOD
“Wonderful is our preferred online donation platform where we receive 100% of a donation plus Gift aid. In the current, very challenging fundraising climate this is very important to us as a charity.”
Salma
One Roof Leicester
“As a small organisation, every penny counts and we were staggered at the level of service we received from the team, with every penny donated coming back to the charity.”
Maria
Villiers Park Educational Trust
“Wonderful has been an amazing partner for us and helps us to fulfil our pledge to our donors that 100% of their donations go to the intended deserving recipients of our scholarships.”
Kim
TEST for Africa
“What we like about Wonderful.org is that it is truly a no-fuss platform for people to use to donate to a charity. Easy for people to donate on and easy for us as a charity to log in and find out the information we need for our records.”
Tricia
CICS Group Coordinator
“I’ve been really happy to use Wonderful – we’ve predominantly used it for our company challenges to raise money for a small, lesser-known charity. It’s enormously reassuring to know that all the money raised goes to the charity.”
Abi
Modo25
Frequently asked questions
Can’t find the answer you’re looking for? Contact our support team.
- Why choose Wonderful payment solutions for processing payments?
- Quite simply: it’s fast, simple and secure. You save a fortune on merchant processing fees compared to debit and credit card processing, and if that’s not enough you get to support our charitable giving platform, enabling hundreds of charities to process donations for free.
- How much will payment processing cost?
- 1p per transaction! Depending which plan you sign up for, you will have either 1,000 or 2,000 transactions included within your plan. Any additional transactions will be billed at 1p/transaction, whether you process 1 additional transaction, or 100,000 additional transactions.
- Are there any setup costs or hidden charges?
- No, absolutely no hidden charges! You simply need to select which plan you wish to sign up for: Starter plan (£9.99/month, including 1,000 transactions) or our Plus plan (£19.99/month, including 2,000 transactions and access to a plugin integration or our Public API). Any additional transactions outside those included in your monthly plan will simply be billed at 1p/transaction.
- Is payment settlement instant? When will I receive the funds?
- The payment is instant. You will receive the funds usually within a couple of seconds, but it can take up to a maximum of 2 hours. This is because the payment is processed in real-time, but the bank may take a little time to process the payment and make the funds available in your account.
- Can I process refunds?
- Yes - Wonderful allows you to process refunds for your customers. Whether it is a payment processed via our API or one of our e-commerce plugins, you can action customer refunds from within your Wonderful account, instantly moving the funds back into your customers’ accounts via Open Banking.
- Can I get my money back if I'm not happy?
- Absolutely! At Wonderful, customer satisfaction is key. We hope that you will be happy with our products, but should you have any issues at all, we offer a 7 day money-back guarantee. Please email [email protected] for help with this.
- How do instant bank payments work?
- Easy. You generate a QR code or a payment link to display at checkout or send to your customer. They scan/click/tap and authorise the payment using their mobile bank app or online bank account. You get paid instantly.
Need support or advice?
At Wonderful we're dedicated to making things as easy as possible for our commercial and charity partners to get onboard. We have a range of resources to help you find the information and answers you need to get up and running as quickly as possible.
From the blog
The Wonderful team writes about Open Banking payments technology: from cost savings, security and settlement improvements, to third party integrations, fintech regulation and mobile apps.
QR code payments for UK businesses: A simple guide
QR code payments are becoming increasingly popular, and for good reason. Find out how your business can delight customers and slash transaction fees with QR Pay.
Gabi James
Explore 14 best subscription management tools and software for recurring payments
As subscription-based businesses flourish, it’s critical to have suitable subscription management software in place to manage recurring payments… Have you explored this?
Kieron James
5 of the cheapest online payment systems for businesses in the UK
With the wide variety of online payment systems available today, we take a look at some of the most cost-effective payment gateways in the UK.
Kieron James
16 best subscription billing software: Automate recurring billing and payments
As recurring revenue payments become the norm for subscription-based businesses, subscription billing software emerges as the go-to tool for some growing industries.
Sakkun Tickoo
In the expanding payment gateway market, which are the best alternatives to Stripe?
Businesses in the UK are searching for Stripe alternatives—what’s your pick?
Carmen James
Pay By Link: Get paid with secure payment links
In the quest for payment optimisation, Pay By Link has leapt into the UK mainstream payment methods since the pandemic.
Carmen James
6 best payment systems for UK small businesses
For a small business owner, payment systems play a crucial role in improving cash flow and they also offer the potential for dramatic savings on payment processing fees. Let’s look at how the choice of payment systems impacts UK small businesses.
Kieron James
4 best payment processing companies in the UK
As commercial transactions adopt a digital-driven approach, payment processing is becoming a linchpin in the business environment.
Sakkun Tickoo
6 best POS systems for retail shops and stores in the UK
The Point-of-Sale has been evolving with the changing dynamics of the retail industry and the retail POS system remains a vital cog in the wheel. Let's take a look at some of the best retail POS systems in the UK.
Carmen James
10 best mobile POS systems for businesses in the UK
Mobile phone POS is a key enabler that helps businesses adopt smarter processes for operational efficiency. Take a look at some of the best mobile POS systems in the UK and choose the right one for your business.
Kieron James
6 of the best WooCommerce payment plugin options for UK merchants
Choosing a cost-effective WooCommerce payment plugin can significantly reduce operating costs and streamline cashflows for your business
Sakkun Tickoo
Live demo
To see instant payments in action, tap the linkscan the code to make a 10p payment to All Ears Audio.
