Payrow, the UK-based financial services provider catering to small and medium-sized enterprises (SMEs), has unveiled an updated pricing structure aimed at delivering transparent, tailored, and cost-effective solutions to British businesses. This strategic shift not only reflects Payrow’s commitment to its clientele but also introduces groundbreaking transparency and flexibility in pricing within the fintech sector.
Transparent Pricing: No Hidden Costs, No Surprises
Payrow has taken a significant leap forward by adopting a transparent pricing policy that eliminates hidden fees and unexpected charges. Businesses engaging with Payrow can now plan their finances confidently, knowing that the pricing is upfront, clear, and predictable.
The revised tariff structure introduces four distinct plans catering to SMEs at various stages of their business journeys:
- Micro Business Plan (£19/m): Tailored for businesses at the initial stages, offering a primary GBP account, free Payrow payments, and competitive rates for international transfers.
- Small Business Plan (£29/m): Geared towards growing businesses, this plan includes up to two additional GBP accounts, free local transfers, and affordable bulk payment options.
- Business Plan (£99/m): Tailored for rapidly expanding businesses, offering up to four additional GBP accounts and unlimited access to most additional services.
- Custom Plan (£299/m): A unique plan offering bespoke financial services, ensuring a personalized experience for each business.
Key Highlights of Payrow’s Revised Tariff Structure
Payrow’s new tariff structure is designed to provide flexibility and tailored pricing for different business types. Here are the key highlights:
- Flexible Tariffs for Diverse Company Profiles: Plans adapt to various transactional patterns, allowing businesses to choose plans that align with their specific needs.
- Custom Plan for Unique Needs: Tailored for companies with special demands or complex structures, offering solutions beyond traditional banking and fintech offerings.
- Unlimited Transaction Amounts: No transaction limits, ensuring businesses can select a plan that aligns perfectly with their financial operations without worrying about exceeding any caps.
- Adaptable Plans for Changing Needs: Recognizing business dynamics, Payrow allows tariff changes in response to seasonal shifts or evolving business requirements.
- Transparent Pricing with Enhanced Features: The new structure includes a one-month free trial, clear cost models post-trial, no limits on deposits or withdrawals, and reduced commission rates, enhancing cost-effectiveness for SMEs.
“In the fintech world, pricing structures can often be complex. At Payrow, we do things differently. Our goal is to make financial services simple and transparent, ensuring they are accessible and cost-effective for SMEs,” commented Payrow.
Additional Services and Support
Payrow continues to offer a range of additional services, such as bulk payments, scheduled transfers, and invoice management, with the scope of these services varying across different plans to match business requirements.
This pricing update is a testament to Payrow’s ongoing commitment to adapting and evolving in line with the needs of UK SMEs. For more information and to explore the revised tariffs in full, please visit payrow.com/pricing.
