All features included. We only make money when you get paid.
Pay as you go
Example: $1,000 invoice
Stripe: ~$32 | Platform: $15 | You keep: ~$953
No monthly fee. No credit card required.
For growing businesses
Example: $1,000 invoice
Stripe: ~$32 | Platform: $0 | You keep: ~$968
Break-even: ~$800/month in payments = Pro pays for itself
30-day money-back guarantee
Same features. Different pricing model.
| Free | Pro | |
|---|---|---|
| Monthly Cost | $0 | $12 |
| Platform Fee on Payments | 1.5% | 0% |
| All Invoice Features | ✓ | ✓ |
| All Quote Features | ✓ | ✓ |
| Unlimited Invoices & Clients | ✓ | ✓ |
| Email Delivery | ✓ | ✓ |
| Online Payments (Stripe) | ✓ | ✓ |
| Invoice & Quote Tracking | ✓ | ✓ |
| Automated Reminders | ✓ | ✓ |
| AI Quote Extraction | ✓ | ✓ |
| Priority Support | — | ✓ |
When to upgrade: If you process more than ~$800/month in payments, Pro saves you money.
Both plans include all features—unlimited invoices, quotes, clients, email delivery, online payments, and more. The only difference is how you pay: Free users pay a small 1.5% platform fee when they receive payments through Stripe, while Pro users pay a flat monthly subscription and keep 100% of their payments (minus standard Stripe processing fees).
Pro becomes worth it when you receive more than ~$800/month in online payments. At that point, the 1.5% platform fee exceeds the $12/month Pro subscription. If you receive less than that, Free is the better deal. You can always start free and upgrade when your business grows.
Stripe charges their standard processing fee (typically 2.9% + $0.30 per transaction) on all payments, regardless of your Invoice Penguin plan. Our platform fee is separate and only applies to Free plan users. Pro users only pay Stripe's fees.
Yes! You can upgrade to Pro at any time—the platform fee is removed immediately for all future payments. If you're already on Pro, you can switch between monthly and yearly billing, or downgrade to Free.
Yes, we offer a 30-day money-back guarantee on Pro subscriptions. If you're not satisfied, contact us for a full refund.
You can cancel anytime. Your Pro benefits (0% platform fee) remain active until the end of your billing period, then you'll automatically move to the Free plan with the 1.5% platform fee on future payments.