Rho Invoicing lets you create, send, and track invoices and get paid directly into your Rho business checking account. It is free for every Rho customer: $0 per invoice and $0 per month, with $0 on domestic ACH, domestic wire, and check payments into Rho. Customers pay through a payment portal and do not need a Rho account. Card payments cost 2.9% + $0.30, paid by the business sending the invoice.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC. Funds held at Lead Bank are eligible for FDIC pass-through deposit insurance up to $250,000 per depositor, per FDIC-insured bank, per account ownership category, subject to applicable conditions. Coverage is shared across all of your deposits at Lead Bank in the same ownership category; amounts above the applicable limit, and funds that are not deposits at Lead Bank, are not covered.
What you get with Rho Invoicing
Rho business checking includes invoicing at no extra cost for Rho customers: no per-invoice fee and no monthly fee. You create, send, and track invoices from the same account that receives the money, and your clients pay through a payment portal link without needing a Rho account. Card payments cost 2.9% + 30c per payment, absorbed by your business and not passed on to your client, with no surcharging.
- No per-invoice fee and no monthly fee for Rho customers
- Clients can pay by ACH, domestic wire, international wire, check, or card (credit card, debit card, or Google Pay)
- Card payments cost 2.9% + 30c each, absorbed by your business, with no surcharging
- Clients pay through a payment portal link and do not need a Rho account
- Rho accounts are available to US-incorporated businesses, subject to approval.
- 01
Create your invoice
Add your client, line items, and payment terms.
- 02
Send it in seconds
Email the invoice directly from Rho.
- 03
Get paid into Rho
Your customer pays by ACH, domestic wire, international wire, check, credit card, debit card, or Google Pay through a payment portal. No Rho account needed on their end.
- 04
Reconcile automatically
Rho matches incoming payments to the invoice they belong to, so you can see what is paid and what is open.
Free for every Rho customer.
- No per-invoice fee
- Get paid by ACH, domestic wire, international wire, check, credit or debit card, or Google Pay (card processing fees apply)
Payments that match themselves
Rho matches incoming payments to the invoice they belong to, so you can see what is paid and what is open.
Pay without an account
Every invoice includes a payment portal, so customers can pay by credit card, debit card, Google Pay, ACH, domestic wire, or check. No Rho account needed.
Included, not another bill
Rho Invoicing is included with your Rho account, with no per-invoice fee and no monthly fee. Card processing fees apply to card payments.
| Rho | |
|---|---|
| Invoicing cost | Included with Rho at no extra cost (card processing fees apply to card payments) |
| ACH / bank transfer fee | $0 on domestic ACH, domestic wire, and check payments |
| Card payment fee | 2.9% + $0.30 per card transaction, paid by the invoicing business. |
| Recurring invoices | Included at no extra cost. Set up once and invoices go out on your schedule. |
| Payment matching and reconciliation | Automatic. Payments landing in your Rho account match to the right invoice. |
| Rho | Stripe | Mercury | |
|---|---|---|---|
| Invoicing cost | Included with Rho at no extra cost (card processing fees apply to card payments) | 0.4% per paid invoice (Starter); 0.5% (Plus) | Unlimited invoices free on every tier; recurring invoices require Plus ($29.90/mo, billed annually) |
| ACH / bank transfer fee | $0 on domestic ACH, domestic wire, and check payments | 0.8% ACH Direct Debit, $5.00 cap (plus the per-invoice fee) | ACH debit (Plus and Pro only): $1/transaction on Plus, $0/transaction on Pro |
| Card payment fee | 2.9% + $0.30 per card transaction, paid by the invoicing business. | 2.9% + 30¢ per successful card charge (Stripe Payments), in addition to the 0.4%-0.5% per-invoice fee above | ~2.9% + $0.30 per card payment, processed via Stripe |
| Recurring invoices | Included at no extra cost. Set up once and invoices go out on your schedule. | Via Stripe Billing: 0.7% of billing volume (pay-as-you-go); excludes one-off invoices | Plus and Pro plans only (from $29.90/mo billed annually) |
| Payment matching and reconciliation | Automatic. Payments landing in your Rho account match to the right invoice. | Automatic reconciliation; Smart Retries and automated reminders | Bank feed import for QuickBooks Online, Xero, and NetSuite; automatic categorization for QuickBooks Online and Xero (NetSuite on Pro) |
Competitive data collected from Stripe, Mercury, QuickBooks, Xero, Zoho, and Wave websites as of 2026-10-15, and may change.
Invoicing software replaces manually drafted bills with a system that creates, sends, and tracks invoices in one place. Most tools cover the same basics: a template, a way to send it, and a record of what has been paid. Where they differ is in what happens next, whether an invoice can repeat on its own, whether payment gets matched back to it automatically, and where the money actually lands.
- Creates and sends invoices without manual work
- Matches incoming payments to the open invoice they belong to
- Recurring invoices go out on the schedule you set
- No separate subscription; included with your Rho account
Most invoice automation follows the same steps: create the invoice, send it to the customer, collect the payment, and reconcile it against your books.
- Electronic invoicing: create and send branded invoices from Rho, with a payment portal on every invoice
- Payment collection: Rho charges $0 on domestic ACH, domestic wire, and check payments
- Recurring invoices: set them up once and they go out on their own
- Cash application (automatic payment matching): incoming payments match to the right invoice automatically, so you can see what has been paid without manual reconciliation
Accounts receivable automation covers the invoice-to-cash cycle: creating invoices, collecting payment, and reconciling what comes in. Done well, it cuts manual data entry and gives a business real-time visibility into what is owed and by whom, without a separate AR platform to log into.
Rho Invoicing handles the create, send, and reconcile parts of that cycle inside the same account a business already banks with.
- Standalone invoicing tools: payments land in a connected external bank account, separate from the invoicing software.
- Invoicing built into banking (Rho): included with your Rho account at no extra cost. Payments land directly into your Rho business checking account. Automatic payment-to-invoice matching.
Start with the fee schedule. Some invoicing tools charge a percentage of every paid invoice. Rho Invoicing carries no per-invoice fee and no monthly fee for Rho customers.
Next, check how customers can actually pay. Rho invoices can be paid by ACH, domestic wire, international wire, check, credit card, debit card, or Google Pay, through a payment portal that does not require the payer to have a Rho account. Domestic ACH, wire, and check payments into Rho are $0. Card payments carry a 2.9% + $0.30 processing fee.
If a business wants invoicing built into the bank account it already uses, with payments that match to invoices automatically, Rho Invoicing is built for exactly that setup.
- Start with the fee schedule: subscriptions, per-invoice percentages, and payment fees compound on every dollar you collect
- Check the feature list: recurring invoices, payment methods your customers prefer, automatic reconciliation
- Look at where the money lands: Rho invoices go out from the same account that receives the money
- Rho is built for startups and small businesses that want invoicing and business banking in one platform
Create, send, and get paid on invoices with your Rho account. No per-invoice fees, no monthly fees. Card processing fees apply to card payments.
Frequently asked questions
It depends on how you bank and how customers pay you. Standalone tools charge subscriptions or per-invoice fees. Rho includes invoicing for all Rho customers at no extra cost, with payments landing directly in your Rho business checking account.
The best invoicing tool for startups depends on where you keep your business account and what you bill: Rho and Mercury customers get native invoicing with automatic reconciliation (Rho Invoicing is free for Rho customers, and card payments cost 2.9% + $0.30 each, paid by the business), QuickBooks and Xero fit teams that need full accounting, Stripe fits API-driven billing, and Zoho Invoice is the strongest fully free standalone option.
Yes. Rho Invoicing is free for Rho customers, Mercury includes free basic invoicing, and Zoho Invoice and Wave both offer free plans, though payment processing fees still apply on card payments with most tools.
No. Standalone tools like Zoho Invoice and banking-native tools like Rho Invoicing handle invoicing without an accounting subscription, though you will still want accounting software or an accountant for taxes and financial statements as you grow.
When your invoicing tool and business account are the same system, incoming payments match to invoices automatically, so you skip manual reconciliation entirely. Standalone tools require you to track payments in one place and cash in another, then reconcile the two by hand or through bank feeds.
ACH is the default for B2B in the US because it is cheap and reliable, and adding wire and check options removes excuses for slow payers. Card acceptance speeds up smaller invoices but typically costs around 3% in processing fees.
On Rho Invoicing, card payments (credit, debit, and Google Pay) cost 2.9% + $0.30 per transaction, paid by the invoicing business.
Send a polite reminder the day after the due date, then follow up weekly until the invoice is paid. Stating a late fee policy on the invoice up front makes enforcement expected rather than adversarial.
Invoicing is the process of billing a customer for goods or services and tracking when payment arrives. Rho Invoicing lets a business create, send, and track invoices, then get paid directly into its Rho checking account.
Accounts receivable automation uses software to create invoices, collect payments, and reconcile them, instead of doing each step by hand.
Automating invoicing means using software to generate recurring invoices, send them on a schedule, and match payments without manual entry.
Yes. Rho Invoicing is included at no extra cost for Rho customers, with no per-invoice fee and no monthly fee.
The right invoicing software depends on whether you want it bundled with your business bank account or as a standalone tool. Rho Invoicing is one of the best options for businesses that want invoicing built into the checking account they already bank with.
Yes, QuickBooks includes invoicing as part of its broader accounting software. Businesses that want full bookkeeping alongside invoicing often choose QuickBooks; those that want free invoicing built into their business bank account can use Rho Invoicing instead.
AI and automation can handle much of accounts receivable, including generating invoices and matching payments to the right invoice.
Invoice automation is software that removes manual work from creating, sending, and reconciling invoices.
Yes. Recurring invoices are included in Rho Invoicing at no extra cost. You set the invoice up once and it goes out on the schedule you choose, with the same payment portal as a one-off invoice. Mercury, by comparison, includes recurring invoices on its Plus and Pro plans only.
Offer both, and steer larger invoices to ACH. On Rho, domestic ACH into your account is $0, while card payments cost 2.9% + $0.30 per transaction, paid by you, so a $5,000 invoice costs $145.30 by card and $0 by ACH. Card payments are available to eligible customers and subject to Stripe verification and approval.
Rho matches incoming payments to the invoice they belong to, so you can see which invoices are paid and which are open without a spreadsheet. Payments from ACH, wire, check, and card all land in your Rho checking account.
Yes. Rho Invoicing sits inside your Rho business checking account, so invoices go out from the same account that receives the money. Customers pay through a payment portal and do not need a Rho account.
Rho business checking includes invoicing at no extra cost: no per-invoice fee and no monthly fee for Rho customers. Invoices go out from the same account that receives the money, clients pay through a payment portal without a Rho account, and you can see which invoices are paid and which are open. Card payments cost 2.9% + $0.30, paid by your business, and are available to eligible customers subject to Stripe verification and approval.
With Rho Invoicing, clients can pay by ACH for free: domestic ACH payments into your Rho account cost $0, with no per-invoice fee and no monthly fee, and clients do not need a Rho account to pay. If a client pays by card instead, the fee is 2.9% + $0.30, paid by your business and not passed to the client. Card payments are available to eligible customers and subject to Stripe verification and approval.
B2B invoices are usually larger and paid by ACH, wire, or check, so bank-payment fees matter more than card fees. Rho Invoicing is built for that pattern: it is free for Rho customers, and clients can pay by ACH, domestic wire, international wire, or check without a Rho account. Card payments cost 2.9% + $0.30, paid by your business, and are available to eligible customers subject to Stripe verification and approval.
Clients can pay a Rho invoice by ACH, domestic wire, check, or card, including credit card, debit card, and Google Pay. They pay through a payment portal link and do not need a Rho account. Card payments cost 2.9% + $0.30 per payment, absorbed by your business and not passed on to your client, with no surcharging.
Rho Invoicing is included with a Rho account at no extra cost. Rho accounts are available to US-incorporated businesses, subject to approval. There is no per-invoice fee and no monthly fee, and the people you invoice do not need a Rho account to pay.
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC. Funds held at Lead Bank are eligible for FDIC pass-through deposit insurance up to $250,000 per depositor, per FDIC-insured bank, per account ownership category, subject to applicable conditions. Coverage is shared across all of your deposits at Lead Bank in the same ownership category; amounts above the applicable limit, and funds that are not deposits at Lead Bank, are not covered. Rho does not guarantee that any payment will be initiated, authorized, completed, or settled, or that any payment will be automatically matched to a particular invoice. Card payments are available to eligible customers and subject to Stripe verification and approval. Any third-party links are provided for informational purposes only. The third-party sites and content are not endorsed or controlled by Rho.