Melio: pay vendors by bank transfer, get paid faster, and keep your books in sync
Short version: Melio is a business payments platform with a free Go plan and paid plans from about $25 per month. First, sources mention a 30-day free trial with no card required. However, fees depend on how you pay, so your payment method decides the real cost.
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Which Melio plan fits your payments?
First, answer a few quick questions, so the estimate below shows the plan that matches.
Plan that fits
Estimated subscription per month
Specifically, this estimate uses list prices from public sources and ignores payment fees, so it is not a Melio quote.
Try this planFrom uploaded bill to paid vendor in a few clicks
Because bills, approvals and payments live together, nothing waits in an inbox.
Simple bill entry
In fact, you upload, scan or import a bill, so entering data by hand drops sharply.
Flexible ways to pay
Next, pay by bank transfer, card or check, even when the vendor only accepts checks.
Approval workflows
In addition, Core and above add approvals, so the right person signs off before money moves.
Accounting sync
Moreover, two-way sync with QuickBooks Online and Xero keeps your books current.
Invoices and payment links
Meanwhile, you can send branded invoices and share payment links to get paid by card or bank.
1099 and W-9 tools
Finally, paid plans reportedly include W-9 collection and 1099 e-filing, which helps at tax time.
Five plans, and the transfer limit is the main difference
Public sources list the prices below per month in US dollars. However, offers change often, so confirm the current amounts on the official pricing page.
Go
Overall, Go suits one user who pays a few vendors, but it limits syncs and extras.
Start with GoCore
Specifically, Core adds unlimited sync, batch payments and standard approvals, so a growing team saves time.
Get CoreBoost
In particular, Boost brings custom approvals, advanced roles and faster delivery, so control gets tighter.
Pick BoostUnlimited
Overall, Unlimited removes seat fees and adds a dedicated account manager, so large teams avoid surprises.
Ask about Unlimited| Feature | Go | Core | Boost | Unlimited |
|---|---|---|---|---|
| Price per month | $0 | $25 | $55 | $80 |
| Free bank transfers | 5 | 20 | 50 | Unlimited |
| Extra users | One user | $10 each | $10 each | Included |
| Approvals | Not included | Standard | Custom multi-step | Custom multi-step |
| Accounting sync | Limited syncs | Unlimited, online tools | Adds QuickBooks Desktop | Adds QuickBooks Desktop |
| Support | Standard | Priority chat | Premium phone | Account manager |
Specifically, payment fees are separate from the plan. In addition, extra bank transfers cost $0.50 each, card payments carry 2.9%, and instant transfers cost 1% with a $75 cap. Also, annual billing reportedly costs $20 for Core and $44 for Boost per month. Also, Platinum offers custom pricing for very high volume.
Three common situations, and the plan each one points to
Monthly payment volume is the clearest signal, because it decides where the transfer limit bites.
A freelancer with a few vendors
In fact, five bank transfers or fewer fit on Go, so the subscription costs nothing. However, card payments still carry their fee.
A small team that pays weekly
Overall, twenty transfers, approvals and batch payments point to Core. As a result, bills move without a spreadsheet.
A busy finance desk
For instance, fifty transfers and custom approvals fit Boost, while unlimited volume points to the top plan.
Where it shines
- Specifically, bank transfers are free within your limit, so costs stay low.
- Vendors get paid without signing up, which also speeds things up.
- In particular, accounting sync keeps your books current.
- Finally, a forever free plan lets you test the basics.
Worth checking first
- Overall, card payments cost 2.9%, so avoid them for large bills.
- Extra transfers cost $0.50, however, once you pass your limit.
- Specifically, instant transfers add a fee, because speed is not free.
- Likewise, reviewers list the product mainly for the United States.
Transfer limits, card fees and approvals: answers before you subscribe
Short answers to what people ask most.
Getting started
What is Melio?
In fact, Melio is a business payments platform for paying vendors and getting paid. Moreover, it lets you pay bills by bank transfer, card or check. In addition, the vendor does not need to sign up to receive the money.
Is Melio really free?
Overall, reviewers mention a free Go plan with five free bank transfers a month. However, card payments, fast transfers and extra transfers carry fees. Therefore, the free plan suits a small business with few vendor payments.
Is there a free trial?
Yes, sources mention a 30-day trial of all features, and it needs no credit card. Also, sources mention a discount of about 90% on subscription fees for the first three months. However, offers change, so read the terms before you sign up.
Who is Melio best for?
Specifically, it suits small businesses, freelancers and bookkeepers who pay vendors every week. For example, a business that pays by bank transfer saves the most. On the other hand, a company that pays mostly by card will feel the fee.
Plans and fees
How much does Melio cost?
Reported prices per month are $0 for Go, $25 for Core, $55 for Boost and $80 for Unlimited, while Platinum is custom. Furthermore, Core and Boost add $10 per extra user. Because annual billing reportedly saves about 20%, compare both options.
What does a payment cost?
In particular, bank transfers are free within your plan limit, and extra transfers cost $0.50 each. Meanwhile, card payments carry a 2.9% fee, and instant transfers cost 1% with a cap of $75. As a result, the payment method matters as much as the plan.
What about international payments?
Overall, sources mention a flat $20 fee for an international bank transfer, in US dollars. In addition, international card payments add 2.9% on top of the same $20. Therefore, compare this cost with your bank before you send large amounts abroad.
Which plan removes the transfer limit?
Specifically, only Unlimited includes unlimited free bank transfers and unlimited users, according to reported plan details. Instead, Go, Core and Boost cap free transfers at 5, 20 and 50. Therefore, count your monthly payments first.
Everyday use
Does Melio sync with accounting software?
Yes, sources mention two-way sync with QuickBooks Online and Xero. However, Go limits the number of syncs, while Core and above have no limit. In addition, Boost adds QuickBooks Desktop, so check which version you use.
Can I set up approvals?
In fact, Core adds standard approval workflows and batch payments. Moreover, Boost adds custom multi-step approvals and advanced user roles. Therefore, teams with several people handling bills should start at Core.
Is Melio available outside the United States?
Overall, reviewers describe the product mainly for United States businesses, with payments in US dollars. Therefore, confirm support for your country and bank before you sign up.
Pay your first vendor with the free trial
First, start the trial. Then upload one real bill, send a bank transfer, and see how the sync looks in your books.
Try Melio free