Nickel
7.1/10Nickel is a US B2B payments platform for invoice collection and bill pay, with free unlimited ACH, aimed at contractors, suppliers, manufacturers and other industrial businesses.
Data last updated November 2026 · Our methodology
Overview
Nickel is a US accounts receivable and accounts payable payments platform built for what it calls the real economy: general contractors, concrete and building-materials suppliers, freight carriers and manufacturers. Businesses can send invoice payment links and hosted payment pages, collect deposits and milestone payments, keep customer cards or bank accounts on file for Auto Pay, and pay vendors or 1099 contractors by ACH, card, wire or mailed check. A vendor onboarding link collects bank, business and tax details. Pricing is a subscription plus transaction fees. The free Core plan covers 3 users, one payment page and transactions up to $25,000. Plus costs $45 a month, or $35 a month billed annually, and adds unlimited users, recurring invoices, automatic follow-ups, aging reports, batch bill pay and approval workflows. Pro costs $300 a month billed annually and adds the API, webhooks, SSO and a dedicated account manager. ACH is free on every plan. Card payments cost 2.9%, which you or your customer can pay, plus 1% for international cards. Sending a wire costs $20 and having Nickel mail a check costs $2. Banking services come through Grasshopper Bank, and balances held there earn 2% APY. The main integration is a sync with QuickBooks Online and QuickBooks Desktop. Nickel is not accounting software: it has no general ledger, payroll or financial statements, so it needs QuickBooks or something similar alongside it. Vendor portal and 1099 filing are still listed as coming soon. Independent coverage is also thin beyond review-site ratings.
Our Rating
Who Nickel is best for
Best software for ConstructionGood fit
Nickel has industry pages for general contractors and concrete, supports milestone and retainage-style invoicing, and counts Stanley Black & Decker and DeWalt among its investors.
Manufacturers and building-materials suppliers are named as core customers.
The free Core plan and free ACH suit small B2B firms already running QuickBooks.
Nickel lists freight carriers among its customer examples.
Pros & Cons
Pros
- ACH is free with no limit on every plan, including the free tier, which is cheaper than the per-transaction ACH fees many payment processors charge.
- The 2.9% card fee can be passed on to the customer, and card payments can be turned off on paid plans.
- Native two-way sync with both QuickBooks Online and QuickBooks Desktop.
- Security is documented in detail: SOC 2 Type II, PCI DSS, AES-256 encryption, enforceable two-factor authentication and payment approval workflows.
- Reviewers rate it very highly, around 4.9 out of 5 on G2 and SourceForge, with near-perfect scores for ease of use and support.
Cons
- It is not an accounting system and needs QuickBooks or similar for the general ledger and reporting.
- The only native accounting integrations are QuickBooks products; there is no Xero or NetSuite connector.
- API access, webhooks and SSO are only on the $300-a-month Pro plan.
- Vendor portal and 1099 filing are still listed as coming soon.
- It is US-only, banks through Grasshopper Bank, and charges an extra 1% on international cards.
Key Features
Nickel Pricing
Core
- 1 payment page
- 3 active users
- Vendor onboarding
- Unlimited bill pay
- Email and chat support
- $25,000 per-transaction limit
- QuickBooks Online and Desktop sync
- Invoice payments and hosted payment page
- ACH payouts to your bank in 3 business days
Plus
or $420/year (save 22%)
- W-9 collection
- 5 payment pages
- Unlimited users
- Priority support
- Milestone payments
- $1M per-transaction limit
- ACH payouts in 2 business days
- Recurring invoices and Auto Pay
- Automatic invoice follow-ups and aging reports
- Batch bill pay via CSV, approval workflows, scheduled payments
Pro
- API and webhooks
- Everything in Plus
- Custom integrations
- Unlimited payment pages
- SAML/OIDC single sign-on
- Vendor and identity verification
- Dedicated account and implementation manager
- Invoice-based billing and multi-year contracts
Frequently Asked Questions
Yes. The Core plan is free for up to 3 users, with transactions up to $25,000 and unlimited free ACH.
ACH is free. Card payments cost 2.9%, plus 1% for international cards. Receiving a wire is free and sending one costs $20. Depositing a check is free, and having Nickel print and mail one costs $2.
QuickBooks Online and QuickBooks Desktop. Pro customers can also use the API and webhooks for custom connections.
No. Banking services are provided by Grasshopper Bank, N.A., Member FDIC. Nickel says it is SOC 2 Type II certified and PCI DSS compliant, and that it encrypts data at rest and in transit.
Yes. You can upgrade or downgrade at any time in account settings, and the change takes effect on the next billing cycle. Paying annually saves about 20%.
Invoices support upfront, deposit and milestone payments. Nickel suggests handling retainage as a separate milestone.
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Ranked near Nickel in Finance Software
See Nickel in the listNickel is #10 in Finance Software by our score.
