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Octopus Energy Shifts 5.5 Million Direct Debits to GoCardless, Speeds Refunds to 1–2 Days

Octopus says the migration completed without service disruption.

Overview

  • GoCardless now processes all Direct Debit transactions for Octopus Energy customers following the completed migration.
  • Octopus reports self-initiated refunds now reach bank accounts in one to two days, faster than other major suppliers.
  • Roughly 70% of refunds are handled through the Octopus app, with about 30,000 processed each week.
  • The new payments platform reduces delays and repetitive admin, allowing staff to focus on complex customer support.
  • Octopus has committed to pass Autumn Budget policy cost reductions to customers from April 1, 2026.