GoCredible

GoCredible: A Practical Overview For Merchants

If you operate a platform, marketplace, crowdfunding site, or event business and need escrow, split payments, or stringent segregation of third-party funds, GoCredible is worth your evaluation. GoCredible provides a Smart Contracts Platform that links each payment to clear conditions and routes funds accordingly. As a licensed Dutch payment institution, GoCredible combines payment processing with governance measures such as a dedicated third-party funds foundation and a supervisory board.

GoCredible At A Glance

GoCredible positions itself as a payment solution for platforms. The core is a Smart Contracts Platform that attaches conditions to every transaction so you can safeguard buyer and seller interests, automate split payouts, and keep third-party funds separate from your own operating cash. GoCredible highlights two flagship services:

• SmartP to hold funds in escrow and release them only when agreed conditions are met.

• SplitP to split a single incoming payment into multiple payouts for different beneficiaries.

A dedicated Stichting Derdengelden GoCredible (third-party funds foundation) maintains segregated accounts at Rabobank and is used solely to facilitate payments. GoCredible states it is licensed by De Nederlandsche Bank (DNB) as a payment institution and supports a range of payment methods, including iDEAL, Payconiq, international card schemes via an integrated gateway, and SEPA rails.

How GoCredible Works: Smart Contracts For Payments

SmartP: Hold And Release With Escrow

With SmartP, the buyer pays through the usual checkout flow and the funds are routed to the GoCredible third-party funds account. The seller is notified to fulfil the order, and the funds are released to the seller only after the specified condition is satisfied, for example acceptance or delivery confirmation. This pattern helps you reduce disputes on marketplaces where delivery or acceptance checks are essential.

SplitP: Automated Split Payments

SplitP lets you split a single transaction across multiple payees according to predefined rules. The Smart Contracts Platform pays all beneficiaries simultaneously under those conditions. For platforms with commissions, vendor payouts, and additional stakeholders, this reduces manual reconciliation and payout complexity.

Third-Party Funds Protection

GoCredible’s foundation structure ensures customer money is held separately from the company’s operational accounts. That segregation supports compliance with Dutch supervisory expectations for third-party funds handling. If your business must demonstrate strict separation of client funds, this architecture may be valuable during due diligence and audits.

Payment Methods You Can Enable

GoCredible lists several payment methods and roles that may be enabled on its platform:

• iDEAL: GoCredible states it is registered by Currence for the collection of funds and certified as a Collecting PSP (CPSP) for iDEAL. If you sell in the Netherlands, iDEAL is often a must-have for checkout conversion.

• Payconiq eCOM: GoCredible indicates it is an acquirer for Payconiq’s e-commerce method.

• International Cards and Wallets: GoCredible integrates with the EMS PCI-licensed gateway to accept Mastercard, Visa, and Apple Pay, among other methods. This lets you support card acceptance and Apple Pay while GoCredible handles the connection to a card gateway.

• PIN Acceptance: GoCredible is recognised as an Acquiring Payment Service Provider (APSP) by the Dutch Payments Association and can act as a provider of PIN transactions (Maestro, V Pay).

• SEPA Payments: The platform supports SEPA Credit Transfer and collections for one-off or recurring payments.

Coverage and availability depend on your configuration and use case. For each method, GoCredible provides an Addendum on Payment Methods that explains external requirements and liabilities you must comply with when enabling the method.

KYC And Onboarding

GoCredible offers Smart KYC and KYC-as-a-Service. You can outsource onboarding to GoCredible’s analysts who run checks such as PEP and sanctions screening and use a configurable portal or API. If you run a platform that must onboard many sub-merchants or participants, these services can reduce manual work and improve consistency of acceptance decisions.

GoCredible also references IBAN-name checks to streamline KYC flows, aiming to reduce onboarding friction that can arise from small test transactions or account name mismatches. If your funnel suffers from drop-offs during account verification, this is a detail to examine in demos and proof-of-concepts.

Terminals And Event Payments

If you need in-person payments, GoCredible lists Android handheld smart POS devices and C-TAP certified options from Ingenico. This can cover on-site acceptance at events or retail-like scenarios that pair with your platform logic.

GoCredible also describes an events solution that combines software, hardware, and operational support for tokens, cashless, or mixed models. If you operate a festival or event business with many vendors and revenue shares, the split-payments capability and dedicated hardware could simplify settlement.

Governance, Licensing, And Safeguarding

When you integrate a PSP, governance and safeguarding often matter as much as features:

• DNB Payment Institution Licence: GoCredible states it holds a licence from the Dutch central bank as a payment institution. You can verify the status in the DNB public register as part of your risk checks.

• Third-Party Funds Foundation: Stichting Derdengelden GoCredible is registered in the Dutch Chamber of Commerce. The escrow account is held with Rabobank and used solely for facilitating payments, not for GoCredible’s operations.

• Supervisory Board And 3 Lines Of Defence: GoCredible notes it has a Supervisory Board and uses a 3 Lines of Defence model with independent compliance and audit roles. If you must demonstrate oversight of payment flows and risk controls to clients or regulators, this structure may align with your requirements.

Use Cases You Might Consider

• Marketplaces and Platforms: When you take payments on behalf of multiple sellers or stakeholders, SmartP and SplitP can reduce operational and compliance risk while simplifying payouts.

• Crowdfunding: Holding funds until conditions are met is an essential construct for many crowdfunding flows. The foundation architecture supports segregation until the disbursement trigger.

• Events: For festivals or venues that run tokens or cashless systems, you can combine on-site terminals with split payouts for concessionaires and other parties.

Integration, Operations, And Delivery

• API Integration: SmartP indicates API-based integration that leads customers to a secure payment page and returns status updates to your system. You should expect standard steps: order creation with conditions, redirection or payment initiation, and callbacks on fulfilment or release.

• White-Label And Modern Delivery: GoCredible emphasises an integrated white-label approach, Agile processes, DevSecOps practices, and a goal of Compliance as Code. For teams modernising legacy flows, the stated approach aims to add conditional logic without full system rewrites.

• Advisory And PreScan: GoCredible offers a PreScan engagement to map risks, inefficiencies, and opportunities in your payment processes and propose how the Smart Contracts Platform would operate in your context.

Fees, Contracting, And Method Requirements

GoCredible does not publish pricing or fee schedules on its website. Fee structures, settlement timing, and contractual terms will depend on your payment methods and solution design. The Addendum on Payment Methods outlines scheme-level requirements and clarifies that you are responsible for complying with applicable laws and obligations for each method you enable.

Strengths

• Escrow and split-payments by design through SmartP and SplitP, helpful for marketplaces and conditional delivery scenarios.

• Fund segregation via a third-party funds foundation, aligned with Dutch supervisory expectations.

• Broad local method coverage for the Netherlands, including iDEAL, Payconiq, PIN, and SEPA.

• Card and wallet acceptance through an integrated PCI-licensed gateway.

• KYC services and tooling to onboard your customers or sub-merchants at scale.

• Hardware for in-person payments if you need on-site acceptance.

Conclusion

Choose GoCredible if you operate a platform or marketplace where conditional flows, escrow, or multi-party payouts are core. The Smart Contracts Platform can reduce manual reconciliation and help you demonstrate segregation of third-party funds. If your model spans online, in-app, and on-site acceptance for events or vendors, the combination of Dutch local methods, card acceptance via a gateway, and terminal options makes GoCredible a focused option for the Netherlands and adjacent use cases.