Free
Free
What's included:
- Basic time tracking
- Invoicing with watermarks
- Expense tracking
- Client portal
Pm
Paymo Pricing & Plans [2026]
Complete pricing breakdown for Paymo. Compare plans, features, and find the best value.
Quick Answer
How much does Paymo cost in 2026?
Paymo offers a FREE plan. Paid plans start at $16.9/month. 3 plans are available with monthly billing.
Free Tier Yes ✓
Starting Price Free
Plans 3 tiers
Billing Monthly/Annual
Starting Price Free
Plans Available 3 plans
Annual Discount Save 20%
Best For Small teams and freelancers needing integrated time tracking and invoicing
Paymo Plans & Pricing
Plus
$16.9 /mo
Save ~20% with annual billing
What's included:
- Proofing & Versioning
- Recurring Invoices
- Estimates & Expenses
- Integrations & API Access
- 50GB Storage
Advanced
$29.9 /mo
Save ~20% with annual billing
What's included:
- Task Gantt Chart View
- Task Dependencies
- Portfolio Gantt Chart
- Employee Scheduling & Workload
- Timesheet Approvals
- Priority Support
- 500GB Storage
Prices shown are for monthly billing. Annual plans typically offer 10-20% savings.
How Paymo Pricing Compares
| Tool | Starting Price | Free Tier | Best For | |
|---|---|---|---|---|
| Pm Paymo Current | Free | Small teams and freelancers needing integrated time tracking and invoicing | ||
| Z Zoho Invoice | Free | Small businesses needing professional invoicing | Compare | |
| F FreshBooks | $23/mo | Freelancers and consultants | Compare | |
| W Wave | Free | Small business owners starting out with limited budgets | Compare | |
| IN Invoice Ninja | Free | Freelancers and consultants | Compare | |
| Bo Bonsai | $39/mo | Freelancers and consultants needing quick proposals, contracts, and invoicing | Compare |
Features by Plan
| Feature | Free | Plus | Advanced |
|---|---|---|---|
| Time tracking Via browser, desktop, mobile, tablet | |||
| Convert timesheets to invoices Seamless conversion | |||
| Mobile invoicing Create and preview professional invoices on mobile | |||
| Recurring invoices Plus plan and above | |||
| Estimates Convertible to invoices | |||
| Expense tracking Mobile receipt scanning | |||
| Online payments PayPal, Stripe, Authorize.net, 85+ currencies | |||
| Client portal Invoice and expense access | |||
| Profitability tracking Real-time monitoring | |||
| Multi-language invoices VAT, discounts, payment terms | |||
| WYSIWYG invoice editing Visual editor with cloning | |||
| Employee performance widgets Performance monitoring |
Paymo Pros & Cons
Great Value If You Need
- All-in-one tool combining time tracking, project management, and invoicing
- Free plan for lifetime invoicing with basic features
- Mobile invoicing and expense capture for on-the-go use
- Seamless timesheet-to-invoice conversion
Consider Alternatives If
- Free plan includes watermarks on invoices
- Limited invoicing functionalities compared to dedicated tools
- Higher pricing for advanced features vs invoicing-only competitors
- Some features like PM Payments limited to US customers
Our Verdict
Paymo offers excellent value with its free tier and competitive paid plans. It's best suited for Small teams and freelancers needing integrated time tracking and invoicing and Agencies managing client projects with billable hours and expenses. Starting at $0/mo, it's accessible for most budgets.
Value Score 3.9/5
Paymo Pricing FAQ
How much does Paymo cost in 2026?
Paymo offers a FREE plan with Basic time tracking. Paid plans start at $16.9/month.
Does Paymo have a free plan or free tier?
Yes! Paymo offers a free Free plan that includes: Basic time tracking, Invoicing with watermarks, Expense tracking. Perfect for small teams and freelancers needing integrated time tracking and invoicing.
What are the limits of Paymo's free plan?
The Free plan (Free) includes: Basic time tracking; Invoicing with watermarks; Expense tracking; Client portal. Upgrade to paid plans for more features and higher limits.
Is Paymo worth it for small teams and personal use?
Paymo is excellent for small teams thanks to its free tier. Best for: Small teams and freelancers needing integrated time tracking and invoicing and Agencies managing client projects with billable hours and expenses. Rated 4.2/5.
Paymo vs Zoho Invoice pricing — which is cheaper?
Paymo starts at Free vs Zoho Invoice at Free. Paymo is more affordable. Compare features side-by-side to decide.
Does Paymo offer discounts for annual billing?
Yes, most invoicing tools including Paymo offer 10-20% discounts when you pay annually instead of monthly. This can save you $50-200 per year depending on your plan.