Freedom251 › Accounts Payable Software
iplicitPay
by iplicitPay
What iplicitPay is
iplicitPay adds Open Banking supplier payments to iplicit, allowing finance teams to pay without exporting payment files. Users select bills, schedule payment dates, authorise transactions through their bank, and follow payment status inside iplicit. Cleared payments are automatically reconciled back into the system. The service works with UK banks that support Open Banking, including most major high street banks and building societies, and currently supports UK domestic payments only. Each transaction uses the bank’s authentication; iplicit says it does not store payment credentials. Failed payments incur no fee and can be retried in the system after email notification. iplicitPay supplements rather than replaces BACS exports, manual transfers, or other payment methods. The listed charge is £0.40, paid once, billed at 40p for each successful payment, with no monthly fee, setup cost, or minimum volume. The broader iplicit platform supports web access and Windows and Mac downloads, plus API connections for external systems. Its Trust Centre lists UK hosting and ISO 27001, ISO 9001, and ISO 42001 certifications.
Who it suits
iplicitPay suits finance teams in growing mid-market organisations that use iplicit and want bank-authorised UK supplier payments inside the system. It is also relevant for teams needing automatic payment tracking and reconciliation.
What it does well
- Pays suppliers through Open Banking inside iplicit
- Automatically reconciles cleared payments
- No fee for failed payments
- Charges £0.40 per successful payment
- No monthly fee, setup cost, or minimum volume
What to know first
- Supports UK domestic payments only at launch
- Requires UK banks that support Open Banking
- Does not replace BACS or manual payment methods
- International payments are planned for later phases
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| iplicitPay usage | Direct supplier payments through Open Banking · Automatic payment-status tracking · Automatic reconciliation into iplicit | On request |
| iplicitPay | 40p per successful payment; no monthly fee or setup cost · UK domestic payments · failed payments are not charged · no minimum volume | £0.40, paid once |
As iplicit.com lists them, read 22 Sept 2026. The maker's own page has the final word.
Verdict
iplicitPay streamlines UK supplier payments by keeping authorisation, status tracking, and reconciliation in iplicit. Its per-successful-payment pricing and current UK-only scope should be checked against the organisation’s payment needs.
Facts from iplicitPay's own pages
- Approval workflows
- Yes · iplicit.com, 22 Sept 2026
- Bank coverage
- iplicitPay works with UK banks that support Open Banking, including most major high street banks and building societies. · support.iplicit.com, 11 Oct 2026
- Certifications
- The Trust Centre lists ISO 27001, ISO 9001, and ISO 42001 certifications. · iplicit.com, 11 Oct 2026
- Compatibility
- iplicitPay is additional functionality and does not replace BACS file exports, manual bank transfers, or other existing payment methods. · support.iplicit.com, 11 Oct 2026
- Free plan
- No · iplicit.com, 22 Sept 2026
- Headquarters
- Bournemouth, Dorset, England, UK · iplicit.com, 28 Sept 2026
- Hosting and residency
- iplicit’s Trust Centre says the service is hosted on Microsoft Azure and customer data resides in the UK South region, with encrypted backups in UK West. · iplicit.com, 11 Oct 2026
- Integrations
- iplicit’s API can connect external systems such as CRMs, e-commerce platforms, and custom in-house systems to exchange data. · support.iplicit.com, 11 Oct 2026
- Intended users
- iplicit describes the broader platform as built for growing mid-market organisations needing configurable approvals, multi-entity support, and built-in payments. · iplicit.com, 11 Oct 2026
- Invoice capture
- ai · iplicit.com, 22 Sept 2026
- Multi-entity support
- Yes · iplicit.com, 22 Sept 2026
- Payment execution
- Yes · iplicit.com, 22 Sept 2026
- Payment failures
- Failed payments incur no fee, and iplicit says users can retry them within the system after email notification. · support.iplicit.com, 11 Oct 2026
- Payment scope
- At launch, iplicitPay supports UK domestic payments only; international payments are described as planned for later phases. · support.iplicit.com, 11 Oct 2026
- Platform access
- iplicit can be accessed through a web browser and offers desktop downloads for Windows and Mac. · apps.iplicit.com, 11 Oct 2026
- PO matching
- Yes · iplicit.com, 22 Sept 2026
- Purpose
- iplicitPay lets finance teams pay suppliers directly from iplicit using Open Banking, without exporting payment files. · iplicit.com, 11 Oct 2026
- Reconciliation
- The product page says cleared payments are automatically reconciled back into iplicit. · iplicit.com, 11 Oct 2026
- Security
- Each payment is authorised through the bank’s authentication, and iplicit says it does not store payment credentials. · iplicit.com, 11 Oct 2026
- Support
- iplicit provides a customer support site with product guidance, including an iplicitPay article and user guide links. · support.iplicit.com, 11 Oct 2026
- Workflow
- Users select bills, schedule payment dates, authorise payments through their bank, and track payment status within iplicit. · iplicit.com, 11 Oct 2026
Where iplicitPay stands on Freedom251
- Accounts Payable Software#65 of 97