PayDay.is review
Updated September 28, 2026 · ForgeCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PayDay.is suits Icelandic small businesses that want accounting and payroll handled in one place, with a 30 day trial to look around first. Entry pricing of ISK 4,600 sits well above free alternatives, and support rests on a help centre alone.
Key facts
- Best for
- Small businesses in Iceland that need payroll inside their accounting software.
- Price from
- ISK 4,600 (Source, checked September 26, 2026)
- Free trial length
- 30 days (Source, checked September 26, 2026)
- Payroll
- Included (Source, checked September 26, 2026)
- Bank feeds
- Yes (Source, checked September 26, 2026)
- Support channels
- Help-centre (Source, checked September 26, 2026)
- Audience
- Small business
- Pricing model
- Free trial
- Official website
- payday.is
Pros and cons
Pros
- Payroll comes with the plan rather than as a paid add-on
- Bank feeds are included, so transactions import without manual entry
- A 30 day trial gives you a full month to check it out
- Entry pricing of ISK 4,600 is a single starting figure, not a tiered quote
Cons
- Entry pricing of ISK 4,600 is higher than the £0 and SGD 0 starting points
- Support runs on help centre only, with no direct contact channel listed
- Trial pricing leads into a paid subscription, so access depends on free trial rather than a free plan
Who it suits
- Small businesses that need payroll and accounting in a single subscription
- Icelandic teams that want bank feeds wired into their books
- Anyone comfortable deciding on a 30 day trial before paying
Who should look elsewhere
- Teams hunting for a free starting price, where £0 or SGD 0 fits better
- Businesses outside Iceland, since nothing here extends to other markets
- Anyone wanting phone or live chat, given support runs on help centre
Plans and pricing
PayDay.is starts at ISK 4,600, and that starting figure covers a plan with payroll included rather than sold separately. Access runs through free trial, so you can weigh the software against your own books for 30 days before deciding. There is no free plan in the pack, so the trial is the only no-cost window. Budget the ISK 4,600 starting point and check the renewal terms on your own quote before you commit.
Where it sits among rivals
On free trial length, PayDay.is ranks at 9 out of 166 brands, so the 30 day trial sits toward the generous end of what these tools offer. On starting price the picture flips: 142 out of 200 puts ISK 4,600 near the expensive end. Long trial, higher entry price, payroll already inside the plan.
How PayDay.is compares
8.9 vs 8.7
8.9 vs 9.2
8.9 vs 9.0
8.9 vs 9.1- 8.9 vs 9.2
8.9 vs 9.5
8.9 vs 9.0- 8.9 vs 8.8
8.9 vs 9.2- 8.9 vs 9.0
- 8.9 vs 8.9
8.9 vs 9.1
8.9 vs 9.0
8.9 vs 8.9
8.9 vs 8.8
8.9 vs 8.8
8.9 vs 8.0
Frequently asked questions
How much does PayDay.is cost?+
Pricing starts at ISK 4,600 for the entry plan. Payroll is part of that plan rather than a separate charge, so the starting figure covers both accounting and payroll. Compare it with free starting points elsewhere if the entry price is the deciding factor.
Is there a free trial?+
Yes, the trial runs for 30 days, which is a full month to look through the software. Access is arranged as free trial, so it is a trial period rather than a permanent free plan. You would need to move to a paid subscription afterwards.
Does PayDay.is include payroll?+
Payroll is included in the plan at ISK 4,600, not sold as an add-on. That keeps accounting and payroll in one subscription instead of two separate purchases. It is the main reason the starting price sits where it does.
Can PayDay.is connect to my bank?+
Yes, bank feeds are included, so transactions can import into your books automatically. You do not need to enter them by hand. The feed comes as part of the plan rather than as a paid extra.
Who is PayDay.is built for?+
It is aimed at small business, so a company of that size can run payroll and accounting in one place. Very large organisations would likely want more than what a small business tool covers. A trial of 30 days lets you see if the scope fits.
How do I get help if something goes wrong?+
Support runs on help centre only, so you will be working from written guidance. If you prefer a phone line or live chat, that is a gap here. Worth checking the help centre before the trial ends.
Does it work outside Iceland?+
Everything listed for PayDay.is is drawn from its Icelandic offering, priced in ISK 4,600 and built for small business. Nothing in the details extends to other markets. If you operate elsewhere, a tool with wider country coverage is the safer pick.
Sources
- hjalp.payday.is checked September 26, 2026
Backs: Bank feeds
“Bankatenging og krofustofnun”
- payday.is/en/home checked September 26, 2026
Backs: Audience, Support channels
“Payday simplifies business administration for freelancers and businesses”
- payday.is/en/subscription checked September 26, 2026
Backs: Free trial length, Pricing model, Payroll, Price from
“You can try all subscriptions free for 30 days”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Free plan, Local compliance.
Related by the facts
PayDay.is
Small businesses in Iceland that need payroll inside their accounting software.