Paycycle
Paycycle is a web service for South African businesses and accounting practices that use Xero.
What Paycycle is
Paycycle is a web service for South African businesses and accounting practices that use Xero. It brings approved supplier bills into payment runs and reconciles completed payments with Xero. For payroll, it imports approved pay runs from SimplePay for review, authorisation and payment. Its collections tools cover electronic mandates, recurring customer payments, follow-up on failed payments and reconciliation to Xero. Businesses can add Pay Now to Xero invoices, letting customers pay without signing in or setting up a new beneficiary. Supplier and employee bank details are checked through AVS before payment. Paycycle lists several supplier-payment routes, including PayShap, Investec Open Banking, Paycycle Payments and Netcash Payments. The service also describes an AI tool for reviewing bank feeds and month-end reconciliation. A free plan is available; paid modules include supplier payments at 285 ZAR a month, payroll payments at 285 ZAR a month, automated collections at 585 ZAR a month, and Paycycle Complete at 1,450 ZAR a month. Paid prices exclude VAT and bank charges.
Good
- Reconciles supplier payments and collections to Xero.
- Imports approved payroll runs from SimplePay.
- Pay Now can be added to Xero invoices.
- AVS checks supplier and employee bank accounts.
- Free onboarding and Pay Now modules are listed.
Watch out
- Supplier Payments costs 285 ZAR a month.
- Paid module prices exclude VAT and bank charges.
- Paycycle Complete pricing rises with collection volume.
Who it suits
Paycycle suits South African businesses and accounting practices that use Xero, particularly those managing supplier payments, SimplePay payroll or recurring customer collections.
Verdict
Paycycle brings supplier payments, payroll payments and recurring collections into workflows linked to Xero. Check which modules you need and account for the listed monthly fees and additional charges.
Plans and prices
From Paycycle's own pricing page, checked 11 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Pay Now | Free | Unlimited Pay Now transactions under the current module structure · No monthly subscription · excl. bank charges |
| Supplier & Employee Onboarding | Free | Secure banking-detail capture · AVS charges apply · No monthly subscription; pay only for AVS when a bank account is verified. |
| Payroll Payments | 285 ZAR a month | Connected to SimplePay · salary and wage payment runs · Per month · excl. VAT & bank charges |
| Supplier Payments | 285 ZAR a month | Unlimited supplier payouts under the current module structure · Per month · excl. VAT & bank charges |
| Automated Collections | 585 ZAR a month | Pricing tiered according to collection volume · Per month · excl. VAT & bank charges |
| Paycycle Complete | 1,450 ZAR a month | Up to 50 collections included · tiered pricing above 50 collections · unlimited supplier payouts and Pay Now transactions · Per month · excl. VAT & bank charges; monthly fee increases according to the collection band |
The facts
Each one read from Paycycle's own pages, with the date it was checked.
What it does
- AI reconciliation
- Paycycle says its AI reconciliation engine reviews bank feeds, resolves exceptions and closes month-end reconciliation in under a minute.checked 11 Oct 2026
- Bank verification
- Supplier and employee bank accounts are verified through AVS before they can be used for payment.checked 11 Oct 2026
- Collections
- It manages electronic mandates, recurring collections, failed-payment follow-up and reconciliation to Xero.checked 11 Oct 2026
- Intended users
- The product is presented for South African Xero businesses and accounting practices, including businesses with recurring customer billing.checked 11 Oct 2026
- Payment rails
- The supplier-payments page lists PayShap, Investec Open Banking, Paycycle Payments and Netcash Payments as supported rails.checked 11 Oct 2026
- Payment routes
- Payments use a direct route where supported and a funded pass-through settlement route where required.checked 11 Oct 2026
- Pay Now
- Pay Now can be added to Xero invoices so customers can pay without a login or new-beneficiary setup.checked 11 Oct 2026
- Payroll
- It imports approved employee pay runs from SimplePay for review, authorisation and payment.checked 11 Oct 2026
- Privacy and POPIA
- The privacy page says the service uses bank-grade encryption and shares information as needed with Xero, banking and payment partners, and verification providers; that page also labels its content placeholder boilerplate.checked 11 Oct 2026
- Purpose
- Paycycle connects payment workflows around Xero for South African businesses and accounting practices.checked 11 Oct 2026
- Security controls
- The site lists encrypted and masked bank details, AVS verification, controlled approvals, tamper-evident records and an audit trail.checked 11 Oct 2026
- Supplier payments
- It pulls approved supplier bills from Xero into payment runs and reconciles completed payments back into Xero.checked 11 Oct 2026
- Support
- Paycycle Complete includes priority email and phone support.checked 11 Oct 2026
The company
- Company identity
- The website identifies the maker as Paycycle (Pty) Ltd but the opened pages do not state its headquarters or founding year.checked 11 Oct 2026
- Headquarters
- Bryanston, South Africachecked 28 Sep 2026
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