Ivy Pricing in 2025: Fees, Hidden Costs, and Smarter Alternatives

If you’re here trying to make sense of Ivy pricing, you’re not alone. Many finance teams hit the same wall: no public rates, no pricing calculator, and no clear idea of what it’ll actually cost to use their platform.

Instead of upfront tiers, Ivy shares pricing only after a consultation, tucked inside a custom Order Form. That means you won’t know your real cost-per-payment until you’re deep into sales conversations, which can make budgeting or comparing providers a bit of a guessing game.

What Impacts Ivy Payment Cost?

Ivy pricing isn’t standardised, and that’s intentional. Your final cost is shaped by several variables that are only disclosed during onboarding. For companies planning budgets, this adds friction and uncertainty when weighing options or submitting proposals for approval.

Key Factors That Shape Ivy Payment Cost:

1. Transaction Volume
   Larger volumes might reduce your per-transaction charge, but Ivy may also impose monthly minimums on lower-volume businesses.
2. Geographic Reach
   Expanding beyond the UK? Expect surcharges tied to regional bank integrations or multi-country coverage.
3. Currency Use
   If your operations involve multiple currencies, FX-related fees often apply. These are bundled into your custom terms and vary by transaction type.
4. Add-On Services
   Optional features that increase your cost include:
   • Instant refunds
   • Outbound payouts
   • KYC/account verification
   • Fraud detection with configurable rules
5. Support Scope
   Ivy’s base support is email-based. If you need SLA-backed help or deeper onboarding, this often affects the final quote.

For Finance teams modelling cost-per-payment or ROI on pay-by-bank features, Ivy pricing can be hard to predict until after negotiations.

📚 Guide to Open Banking Pricing 2025

Breaking Down Ivy Pricing in 2025

Below is a detailed view of the components that may or may not be included in your contract:

Pricing Component	Included?	Notes
Transaction Fees	✅ Yes	Charged per successful pay-in; can vary by volume or country
Refunds & Payouts	✅ Yes	Instant refunds and outgoing payments are usually priced separately
Virtual IBANs	✅ Optional	Used for currency-specific routing; likely billed per IBAN
Fraud Controls	✅ Available	Basic SCA included; advanced fraud rules may be add-ons
KYC / Account Verification	✅ Basic Only	Standard SCA provided; full verification requires extras
Monthly Minimums	✅ Sometimes	Often applied for smaller clients or niche regions
Setup Fees	✅ Sometimes	One-off onboarding charges may apply for direct API integrations

Why Ivy Pricing May Not Suit Every Business

If you’re leading payment infrastructure decisions, unpredictable pricing can affect your ability to:

• Accurately forecast costs
• Present a reliable ROI during procurement
• Select the right Pay by Bank provider for your use case

Unlike fixed-rate options or usage-based models, Ivy’s pricing approach requires more commercial back-and-forth, and that can slow down your decision-making cycle.

When Ivy’s Model Might Be the Right Fit

Ivy is designed for enterprise-grade platforms that want a deeply embedded setup and are prepared to absorb a complex commercial agreement.

Ivy may be suitable if:

• You operate in multiple countries with multi-currency flows
• You need Variable Recurring Payments (VRPs) for subscriptions or pay-as-you-go billing
• You have an internal tech team or a third-party PSP to handle the integration
• You’re in a regulated sector such as fintech, crypto, or digital marketplaces

In those cases, Ivy’s commercial VRP support and large-market reach across 21 countries make it a capable option, even with its custom pricing structure.

Finexer vs Ivy: Feature and Pricing Comparison

If you’re deciding between Ivy and a simpler, more transparent alternative, here’s a side-by-side comparison of key capabilities:

Feature	Ivy	Finexer
Open Banking Payments	✅ Yes	✅ Yes(Saves upto 90% Txn cost)
Variable Recurring Payments (VRPs)	✅ Commercial Only	✅ Supported
White Label Customisation	Limited	✅Yes
Hosted Checkout UI	❌ No	✅ Yes (Optional)
Payment Links / QR Tools	❌ No	✅ Yes
Transparent Pricing	❌ Custom Only	✅ Usage-based, no hidden fees
Refunds & Payouts	✅ Extra Charges	✅ Included
Virtual IBANs	✅ Optional	✅ Yes
Account Verification (A2A)	✅ Basic SCA Only	✅ Real-time via API
UK Market Optimisation	✅ Major UK Banks	✅ Yes (99% of UK Banks)
Setup Fees / Monthly Minimums	✅ Often Applied	✅ No Setup Fees
Onboarding & Support	Basic Email Support	✅ 3–5 Weeks Hands-on Support

Choosing Between Ivy and Finexer

If your organisation is large, operates across borders, and relies heavily on recurring payment logic, Ivy could be a suitable fit, especially if you’re set up to navigate its commercial complexity and technical requirements.

However, if your business is UK-focused and you prioritise speed, affordability, and full transparency, Finexer is purpose-built for you.

Why Businesses Choose Finexer:

• No setup or cancellation fees
• Transparent, usage-based pricing
• Real-time account verification is built in
• QR, payment links, and hosted flows are included by default
• Deploys 2–3x faster than other Open Banking options
• Instant bank API fees you can actually model in your forecast

If you’re looking for an affordable Ivy alternative that prioritises developer experience, faster launch, and pricing clarity, Finexer gives you all of that, without compromise.