Unify accounts receivable, accounts payable, and trade credit on one intuitive platform.
Visit WebsiteReviews onG2Capterra
183 reviews trackedThe Bottom Line
Entry price
Free plan available, paid tiers above
Biggest pro
Eliminates multiple payment tools by centralizing A/R, A/P, and trade credit.
Biggest con
Credit card processing fees apply for card payments (2.9%).
TL;DR - Nickel
- Unifies A/R, A/P, and trade credit management on a single platform.
- Offers unlimited free ACH transfers for both sending and receiving payments.
- Provides tools to get paid faster, pay vendors efficiently, and extend cash flow.
Pricing: Free plan available
Best for: Growing teams
4.9/5 across review platforms
What is Nickel?
Nickel is a comprehensive payment platform designed for America's core businesses, unifying accounts receivable (A/R), accounts payable (A/P), and trade credit management. It replaces disparate tools, PDF forms, and phone calls with a single system to give businesses full control over their money movement. The platform enables businesses to accept various payment types, including card, free ACH, and checks, and facilitates sending payments to any business or individual via card, ACH, or check, with real-time tracking and custom approvals.
Nickel is built for small to medium-sized businesses, particularly those in industrial sectors, aiming to streamline their entire payment cycle. It helps businesses get paid faster by offering flexible payment options to customers, pay vendors without delays by holding onto cash longer, and close deals faster by quickly vetting and onboarding new customers with credit insights. The platform also extends cash flow by allowing businesses to receive net term payments in advance and offers unlimited free ACH bank transfers, reducing processing costs and improving cash flow management.
Available on: Web
Pros & Cons
Pros
- Eliminates multiple payment tools by centralizing A/R, A/P, and trade credit.
- Significantly reduces processing costs with unlimited free ACH transfers.
- Accelerates payment collection and vendor payments, improving cash flow.
- Simplifies reconciliation with one-for-one settlement and real-time QuickBooks sync.
- Offers flexible payment options for customers and vendors, enhancing satisfaction.
Cons
- Credit card processing fees apply for card payments (2.9%).
- Check mailing for bill pay incurs a $2 fee.
- Primarily focused on US domestic payments and businesses.
Ratings Across the Web
4.9(183 reviews)
Ratings aggregated from independent review platforms. Learn more
Preview
Key Features
Accept card, free ACH, and check paymentsSend payments to any business or individual via card, ACH, or checkActivate customers and extend net terms with confidenceUnlimited free ACH bank transfersBranded payment links for online paymentsOne-click payment for returning customersDeposit checks without bank runsOption to pass on credit card fees to customers
Pricing Plans
Free TrialPricing checked Jul 7, 2026
Core
Free
Everything in all plans, plus:
- 3 Seats
- Max transaction size $25,000
- Credit Card 2 business days
- ACH Bank Transfer 3 business days
Plus
Contact us
Everything in all plans, plus:
- Unlimited Seats
- Xero Sync Coming soon
- Max transaction size $1,000,000
- Credit Card Next business day
- ACH Bank Transfer 2 business days
- Approvals workflow
- Vendor onboarding
- Collect W9 and 1099s Coming soon
Pro
Contact us
Everything in all plans, plus:
- Unlimited Seats
- Xero Sync Coming soon
- Max transaction size $1,000,000
- Credit Card Next business day
- ACH Bank Transfer 2 business days
- Approvals workflow
- Vendor onboarding
- Collect W9 and 1099s Coming soon
Included in all plans
- Quickbooks Online Sync
- Credit Card 2.9%
- ACH Bank Transfer $0
- Mail a check $2
- Deposit a check $0
- Deposit a check 3 business days
- Self service payment portal
- Branded payment links
Reviews
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4.9/5
Across 183 verified user reviews on G2, Capterra
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Nickel FAQ
How does Nickel streamline payment processing for industrial businesses?
Nickel unifies accounts receivable, accounts payable, and trade credit management on a single platform, replacing multiple tools and manual processes. This allows industrial businesses to accept various payment types, send payments efficiently, and manage their entire payment cycle from one intuitive system.
Which teams within a small to medium-sized business would benefit most from Nickel?
Teams responsible for finance, accounting, and operations will find Nickel most beneficial. It centralizes payment management, helping them get paid faster, pay vendors without delays, and streamline reconciliation processes.
How does Nickel compare to QuickBooks regarding payment centralization?
Nickel unifies accounts receivable, accounts payable, and trade credit on one platform, aiming to replace disparate tools. While QuickBooks offers accounting features, Nickel specifically centralizes all money movement and trade credit management in a single system.
What kind of limitations should businesses be aware of when using Nickel?
Businesses should note that credit card processing incurs a 2.9% fee, and mailing checks for bill pay costs $2 per transaction. Additionally, Nickel is primarily focused on US domestic payments and businesses.
How is Nickel priced?
Nickel is available on a free tier, providing access to core functionalities. For businesses requiring more extensive usage and advanced features, paid plans are offered.
Can Nickel help businesses manage their cash flow more effectively?
Yes, Nickel helps businesses manage cash flow by enabling them to get paid faster through flexible payment options and pay vendors without delays. It also allows businesses to receive net term payments in advance and offers unlimited free ACH bank transfers, reducing processing costs.
Does Nickel integrate with existing accounting software for reconciliation?
Nickel simplifies reconciliation with one-for-one settlement and offers real-time synchronization with QuickBooks. This integration helps businesses maintain accurate financial records and streamline their accounting processes.
Source: nickel.com