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How is billing handled at Payflip?
How is billing handled at Payflip?
Danielle Duncan avatar
Written by Danielle Duncan
Updated over 2 months ago

Parent Company 🏒

The parent company receives all three invoices listed below:

  1. Onboarding fee πŸš€

    • One-time, non-recurring

    • Billed after signing the quote
      ​

  2. Annual company fee πŸ’Ό

    • Recurring fee

    • One invoice per year

    • Fixed amount for Payflip tool license

    • Valid for 12 months
      ​

  3. Annual employee fee πŸ‘₯

    • Recurring fee

    • For all employees within the parent company

    • Based on the number of active employees at the launch of the Payflip tool

      • Existing clients: Invoice in January for the full calendar year

      • New clients throughout the year: Billing starts on the 1st of the month following launch and runs to the end of the calendar year

      • Pro rata billing for new employees during the year

Child Company 🏫

Child companies receive only:

  1. Annual employee fee πŸ‘₯

    • Recurring fee

    • For all employees within the respective child company

    • Separate invoice for each child company

    • Based on the number of active employees at the launch of the Payflip tool

      • Existing clients: Invoice in January for the full calendar year

      • New clients throughout the year: Billing starts on the 1st of the month following launch and runs to the end of the calendar year

      • Pro rata billing for new employees during the year

Important Points:

  • New employees: Billed pro rata from the following month

  • Departing employees: No credit notes, annual invoice remains unchanged

  • Verify active employees before December 31st for accurate billing in the new year

πŸ’‘ Keep your employee records in Payflip up to date for accurate billing.


Questions about billing?

Do you have any questions? Our billing team is ready to help!

  • πŸ’Œ Email: [email protected]

  • πŸ’‘ Please include your company name and invoice number for faster assistance.

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