Bank-to-Bank Invoice Payments for UK Sole Traders
Invoicr is a UK invoicing app that lets your clients pay you direct bank-to-bank via open banking, saving you around £8.50 on every £500 invoice compared to card processors. It's built for self-employed plumbers, electricians, builders, and tradespeople who want to keep more of what they earn.
How Bank-to-Bank Settlement Works in Invoicr
When you send an invoice through Invoicr, your client sees a single 'Pay now' button. Behind it sits UK open banking integration. They tap it, authenticate with their bank using biometric or password, and the funds transfer directly to your account. No card processor sits in the middle. No interchange fees. No 2.5% cut. You pay a flat settlement fee of around 0.8% instead. On a £500 invoice, that's £4 instead of £12.50. As of 2026, this is the fastest growing payment method for UK B2B transactions because it's genuinely cheaper for freelancers and tradespeople.
Why This Matters for UK Self-Employed
Most invoicing apps default to Stripe or PayPal. Those work, but they're card-processor economics: you lose 2.5% plus 20p per transaction. For a plumber or electrician sending £2,000 invoices monthly, that's £50 to £60 a month vanishing to fees. Bank-to-bank through Invoicr cuts that to around £16. Over a year, that's £400 to £500 back in your pocket. The app is built specifically for UK sole traders, so it understands VAT thresholds, CIS deductions for subcontractors, and accountant integrations from the ground up.
What Invoicr Actually Handles
Invoicr is not a settlement platform or accounting suite. It's an invoicing app that uses UK open banking for payment collection. You create an invoice on your phone, add client details and line items, send it via email or WhatsApp (on Pro plan), and track when it's paid. Clients don't need an account or app. They just tap 'Pay now', authenticate with their bank, and the money lands in your account within seconds. The app stores invoices, tracks due dates, sends payment reminders, and exports data your accountant needs. It works on iOS and Android, entirely mobile-first.
Free, Pro, and Business Plans
The Free tier costs nothing and includes 5 invoices per month, 3 customer profiles, and bank-to-bank payment collection. Pro adds unlimited invoices, automated payment reminders, WhatsApp delivery, and quote templates for £9.99 per month or £79.99 per year. Business tier adds 5 team seats, VAT and CIS compliance tools, and accountant export for £19.99 per month or £179.99 per year. Most tradespeople start on Free and move to Pro once they're sending more than 5 invoices monthly.
Who Uses Invoicr
Invoicr is built for UK sole traders and small tradespeople: plumbers, electricians, gardeners, handymen, mobile mechanics, tilers, decorators, cleaners, consultants, and other self-employed professionals who invoice clients directly. If you're on the move and need to invoice from your phone without a desktop app, and you want to dodge card-processor fees, Invoicr is designed for you. It's not for enterprises or US-based businesses; it's UK-focused by design.
Getting Started
Download Invoicr on iOS or Android, sign up with your email and bank details, and create your first invoice. You can send it immediately using the Free tier, even if you're still deciding whether to upgrade. Most users see the fee saving on their first few invoices and upgrade to Pro within a week. Your accountant can also access exported data at tax time, saving you hours of spreadsheet work.
Start sending bank-to-bank invoices today. Invoicr is free to download and use for your first 5 invoices.
Frequently asked questions
Does Invoicr charge a settlement fee?
Yes, around 0.8% per transaction (roughly £4 on a £500 invoice). This is the cost of the open banking transfer itself and is far lower than card-processor fees of 2.5% or more.
Can my clients pay by card if they prefer?
Invoicr's primary payment method is bank-to-bank via open banking. If your client doesn't have a UK bank account or can't use open banking, they can contact you directly to arrange alternative payment.
Is Invoicr suitable for limited companies?
Invoicr is built for sole traders and partnerships. If you're a limited company, you may need a different solution; check with your accountant.
How quickly do payments arrive?
Bank-to-bank transfers via open banking typically settle within seconds to a few minutes, much faster than card payments or traditional bank transfers.
Can I integrate Invoicr with my accountant?
Yes. The Business plan includes accountant export, allowing your accountant to download all invoice and payment data for tax and compliance work.
Do I need to register VAT to use Invoicr?
No. Invoicr works for sole traders below and above the VAT threshold. The Business plan includes VAT and CIS compliance tools if you need them.