Payhawk vs Qonto (2026): which should you pick?

Pick Payhawk if

• Fits if you want cards, expenses and payables on one platform
• Works for firms on the accounting systems it lists

Look elsewhere if

• Pricey if you can't see a price, as the page leads to a demo
• Watch out: NetSuite, Dynamics 365, SAP S/4HANA and advanced HR links are add-ons
• Watch out: currency conversion carries a 0.3% mark-up on EUR, GBP, USD and CHF and 0.7% on DKK and PLN
• Tight if you need budgets or travel, as both are paid add-ons
• Skip it if you use Android, as only a web and iOS listing is on record

Pick Qonto if

• Fits if you run a company in France, Germany, Spain, Italy, Austria, Belgium, Portugal or the Netherlands
• Works for small teams that want account, cards and invoices in one place

Look elsewhere if

• Skip it if you run a US-only business, because the country picker lists only those European countries
• Tight if you do many transfers: past the monthly allowance each costs €0.20 on Basic and Smart
• Pricey if you send money abroad, with 0.8% (min. €5) on outgoing standard-currency international transfers on Basic and Smart
• Watch out: prices are in euros excl. VAT, and monthly billing prices were not shown
• Watch out: extra virtual cards cost €1 to €2 a month, and incoming SWIFT above €500 costs €5

Payhawk

• No prices are published; the pricing page is built around modules and a demo request.
• NetSuite, Dynamics 365, SAP S/4HANA and advanced HR integrations are marked add-ons.
• Currency conversion carries a stated mark-up of 0.3% on EUR, GBP, USD and CHF and 0.7% on DKK and PLN.
• Budget management and business travel are separate add-ons to the core platform.

Qonto

• Prices are in euros, excluding VAT, and the page shows monthly equivalents of annual plans; monthly billing exists but its prices were not shown.
• The country picker lists France, Germany, Spain, Italy, Austria, Belgium, Portugal and the Netherlands, so it is not for US-only businesses.
• Extra transfers cost €0.20 each beyond the monthly allowance on Basic and Smart, and extra virtual cards cost €1 to €2 a month.
• Incoming SWIFT transfers above €500 cost €5, and outgoing standard-currency international transfers cost 0.8% (min. €5) on Basic and Smart.

Payhawk

Corporate cards

Physical and virtual debit cards in several currencies, with single-use virtual cards and spend limits by amount, merchant, category or country.

Automatic expense creation

An expense is created on each card payment, with receipt capture, mailbox matching and reminders, plus mileage and per diem reimbursements.

Accounts payable and procurement

Invoice capture and approval, purchase order requests and 2-way and 3-way matching, with supplier payments in 115 currencies.

Accounting automation

Automated coding and VAT coding, with live integrations to Xero, QuickBooks Online and Exact Online, and native ERP add-ons such as NetSuite.

Business travel module

Flight and hotel booking with custom travel policy, trip approvals and automatic per diems calculated from bookings.

AI agents

Procurement, Payments and Financial Controller agents for the finance team, with an MCP connection for Claude and ChatGPT.

Qonto

Business account with local IBAN

Sub-accounts on Smart and Premium each get their own IBAN, to separate budgets, taxes and activities.

Physical and virtual cards

Every plan includes physical and virtual cards; the One Card is included, with Card Plus (+€8 a month) and Metal Card X (+€20) as upgrades.

Transfers and direct debits

SEPA transfers, instant transfers and outgoing direct debits, plus international transfers in USD, GBP and CHF powered by Wise.

Invoicing and payments

Compliant electronic invoicing is on every plan, along with payment links, Tap to Pay and POS terminals for in-person payments.

Accounting and forecasting

Smart and Premium add accountant access, accounting integrations and cash-flow tracking and forecasting.

Account remuneration

Smart and Premium pay interest of 5% AER for 2 months, then 1.5% AER, with at least 5 eligible transactions a month.

Payhawk

Pricing could not be confirmed. See payhawk.com.

Qonto

• Basic€9

  per month excl. VAT, billed annually (€108 a year)

  Account with local IBAN, 30 transfers a month, 1 physical card and 2 virtual cards, payment links and e-invoicing.

• Smart€19

  per month excl. VAT, billed annually (€228 a year)

  Adds 1 sub-account, 100 transfers, 2 physical and 50 virtual cards, cash-flow forecasting and accountant access.

• Premium€39

  per month excl. VAT, billed annually (€468 a year)

  Adds 4 sub-accounts, 200 transfers, 50 Instant cards, subscription tracking, 0.56% FX and 7-day priority support.