Oxyile Editorial
GoCardless and automated EMI collections explained
25 Apr 2026
After dual approval, borrowers complete a hosted GoCardless Billing Request Flow to authorise BACS Direct Debit.
When the mandate is active, Oxyile creates a subscription matching the EMI amount and loan duration shown on the handshake card.
Failed collections follow GoCardless retry rules; borrowers should keep sufficient funds and update bank details if needed.