What are the fees for InstantPay?

Answer

You pay a small fee in return for receiving faster payment, typically 1% per 30 days of early payment.

So, for example, a £1000 invoice paid 20 days early would cost £6.58 and pay you £993.42. That’s just £0.33 per day.

Related FAQ's

What is a Supplier claim?

A Supplier Claim occurs when we have a shortfall between what we have paid you and what we have received from your customer.

What events trigger an adjustment?

Adjustments can occur whenever your customer uses a credit note or debit note to settle their account, or if there are any changes or cancellations of invoices we’ve prepaid.

Why do adjustments happen?

We prepay your invoice as early as possible, however your customer will keep it open for amendment/dispute until it is approved according to their internal processes which can result in a shortfall.

Schedule a demo

Privacy Policy*

Choose your location

UK

including EMEA and APAC
Visit our UK site

USA

including North and South America
Visit our USA site