Take payments
Accept payments on time, every time
Give customers easier ways to pay, stay on top of what’s coming in, and spend less time chasing invoices.
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
The App Store, Google Play Store, and Trustpilot ratings are correct as of August 2026.
Create invoices in just a few taps
Create, send and track invoices in the app or on the web to easily see what’s paid and what’s delayed.
Create quotes, save details and duplicate invoices to cut down on repetitive admin and speed up bulk invoicing. Plus, add a payment link to make it easier for customers to pay you on time.
Turn your phone into a card reader
Accept contactless card payments with just your smartphone. All you need is your compatible iPhone or Android™ device and wifi or mobile data.
Customers can pick how to pay
Settle up in a way that suits them, boosting your chances of getting paid on time, every time.
Shareable, reusable payment links
A fast way to get paid, without entering any details. Make it reusable and your regulars can use the same link every time.
Free, instant UK bank transfers
Fee-free to send and receive money, with prefilled payment details for your customers.
QR codes for in-person payments
Flash up the QR code on your phone and a payment screen will pop up on their device for them to tap confirm and pay.
Connected and protected around the clock
You don’t switch off, so why should we? Chat to us whenever you need to over the phone or in the app, and freeze your card any time in a few taps. Plus, If you're a sole trader or a small business your eligible money may be protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.
Stay switched on while you switch business bank account
Step 1
Apply for Monzo Business
You must be a sole trader or limited company director in the UK. Check out our eligibility page for the full details of what kinds of businesses we can support right now.
Step 2
Tell us when you want to move
You set the date.
Step 3
Let us do the rest in 7 working days
Money, Direct Debits and standing orders will all be moved over for you. We’ll also redirect your incoming payments, salary included, and close your other bank account.
1 million businesses changed the way they bank
1 million businesses changed the way they bank
Apply in minutes
90% of accounts are open for business the same day. Apply online or contact sales today.
Questions? Answers.
Can I accept card payments without a card machine with Monzo Business?
Yes. You can accept contactless payments anywhere with just your smartphone, using Tap to Pay. We’ve partnered with Stripe to make this happen, so all you need is a compatible iPhone or Android device (and mobile data or wifi connection). Monzo won’t charge you fees for accepting card payments, but Stripe's fees and Ts&Cs apply.
Does Monzo automatically set aside tax from the payments I receive?
If you create a Tax Pot and choose how much you’d like to save, we’ll set that amount aside every time you’re paid. So you don’t have to worry about a last minute scramble to pay your tax bill. You can add and take money out of your Tax Pot any time. Tax Pots come with Monzo Business Pro and Team, starting from £9 a month. Ts&Cs apply.
Can I receive international payments into my Monzo Business Account?
Yes. Use your account’s international bank account number (IBAN) to get payments from other countries or in other currencies.
We won’t charge you anything for international payments that have already been converted to British pounds. If you receive payments in euros, we’ll charge a 1% currency conversion fee (capped at £1,000) and then convert it into pounds.
To receive a payment in a foreign currency that isn’t GBP or EUR, we’ll charge a 1% currency conversion fee (capped at £1,000) and then we’ll convert it into pounds before the money appears in your account. You can see an overview of all our fees here.
How much does it cost to accept payments?
Getting paid by bank transfer, magic link, QR code or Tap to Pay is all free – we won’t charge you a fee. For international payments, if a payment arrives in your account in a different currency, we'll use a third party to convert foreign currency, and they set the exchange rate. You'll see the rate used in the transaction details after receiving the payment. We'll also charge you a 1% fee for the conversion. We won’t charge you more than £1,000 per transaction on payments we convert. So if, for example, you get a payment worth £100 in a different currency, we’ll take a £1 fee to convert it.