Accounting · head to head
Medius vs Volopay

Medius
Accounting
Accounts payable automation and supplier payments for mid-market finance teams, Marlin Equity owned
- From
- On request
- Rated
- -

Volopay
Payroll
Corporate cards, multi-currency accounts and accounts payable automation for Asia-Pacific businesses
- From
- On request
- Rated
- -
The short version
- Each has a real cost: Medius the sourcing, contract and procurement modules are considerably less developed than the AP core, so buying Medius as a full source-to-pay suite means accepting weak upstream tooling.; Volopay cross-currency spend within Singapore carries a fee around 3.1%, which is easy to overlook against the advertised free domestic transfers and can dominate total cost for internationally mobile teams.
- They diverge on capability: Medius covers Invoice capture and coding, Volopay covers Multi-currency business accounts.
- Prices and features above were last checked on 1 September 2026.
Where they differ
Only the attributes on which Medius and Volopay actually diverge.
Identical on both: starting price (On request), pricing model (quote), free tier (No), platforms (Web, iOS, Android), user rating (Not yet rated).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Medius
- Invoice capture and coding
- Matching and exception handling
- Fraud and anomaly detection
- Supplier payments
- Approval workflow
- ERP integration
Only in Volopay
- Multi-currency business accounts
- Virtual and physical corporate cards
- Accounts payable automation
- Expense management
- Accounting integrations
- Approval workflows
What people use each for
The jobs each tool is most often brought in to do.
Medius
- A mid-market finance team where most spend arrives as an invoice with no purchase order to match againstnot Volopay
- A group with several legal entities on different ERPs that wants one AP process across all of themnot Volopay
- Reducing invoice fraud exposure with automated detection of supplier bank detail changesnot Volopay
- Replacing a scanning bureau and a shared AP inbox with automated capture and exception-based reviewnot Volopay
Volopay
- A Singapore-headquartered company paying vendors and staff across several APAC currencies from one accountnot Medius
- A finance team wanting free domestic transfers with accounts payable automation includednot Medius
- A regional business consolidating separate local business bank accounts into one multi-currency platformnot Medius
- A company whose card spend is concentrated in SGD and wants to minimise cross-currency fee exposurenot Medius
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Medius
- The sourcing, contract and procurement modules are considerably less developed than the AP core, so buying Medius as a full source-to-pay suite means accepting weak upstream tooling.
- Pricing is quote-only and driven by invoice volume, so a business with many low-value invoices pays disproportionately relative to the spend being controlled.
- Payments are billed on transaction volume separately from the AP subscription, which is easy to omit from a cost comparison against a licence-only AP tool.
- Private equity ownership since 2017 has produced an acquisition-driven product line, so payments and adjacent capability come from bought-in technology rather than the original platform.
- ERP integration depth varies sharply by system, and organisations on less common or heavily customised ERPs face integration work that lengthens the implementation.
Volopay
- Cross-currency spend within Singapore carries a fee around 3.1%, which is easy to overlook against the advertised free domestic transfers and can dominate total cost for internationally mobile teams.
- Cross-border payments in non-SGD currencies add roughly 1.6%, so a company paying many overseas vendors accumulates a real cost that is not visible on the headline pricing.
- Regional focus on Asia-Pacific means weaker fit for companies whose spend is mainly in Europe or North America, where Payhawk or Extend cover the ground better.
- Pricing is not published, so despite the specific fee percentages that are publicly known, the underlying subscription or platform fee must be obtained by quote.
- As a comparatively young fintech, its card issuing depends on banking partners whose regulatory standing in each APAC market can change, and companies should confirm current licensing in their specific country before committing.
Pricing, plan by plan
Medius
On request- Medius AP Automation$undefined/year
- Two packaged AP automation tiers
- Priced by invoice volume and entity count
- Sourcing, contracts and procurement modules sold separately
Volopay
On request- Volopay$undefined/month
- Free domestic SGD transfers and Accounts Payable Automation
- Approximately 1.6% fee on cross-border non-SGD payments
- Approximately 3.1% fee on cross-currency spend within Singapore
Which should you pick?
Choose Medius if
- You need invoice capture and coding.
- You work on Web, iOS, Android.
- You also want matching and exception handling.
Choose Volopay if
- You need multi-currency business accounts.
- You work on Web, iOS, Android.
- You also want virtual and physical corporate cards.
Questions people ask
- Is Medius or Volopay better?
- Neither clearly leads. Medius starts at On request and Volopay at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Medius or Volopay?
- Medius starts at On request and Volopay at On request.
- Does Medius or Volopay run on more platforms?
- Both run on Web, iOS, Android, so platform support will not decide this one for you.
- What is Medius best used for?
- Medius is most often used for a mid-market finance team where most spend arrives as an invoice with no purchase order to match against, a group with several legal entities on different erps that wants one ap process across all of them, reducing invoice fraud exposure with automated detection of supplier bank detail changes, replacing a scanning bureau and a shared ap inbox with automated capture and exception-based review. Of those, a mid-market finance team where most spend arrives as an invoice with no purchase order to match against and a group with several legal entities on different erps that wants one ap process across all of them are not what Volopay is typically brought in for.
- What can Medius do that Volopay cannot?
- Medius covers Invoice capture and coding, Matching and exception handling, Fraud and anomaly detection, Supplier payments. Volopay covers Multi-currency business accounts, Virtual and physical corporate cards, Accounts payable automation, Expense management.
Answered from the vendors’ own pages
Medius: Is Medius a procurement suite or an AP tool?
Primarily an AP automation platform with procurement modules attached. If sourcing is your main requirement, look elsewhere.
Volopay: What currency is Volopay built around?
Singapore dollar as the base account currency, with support for spend and transfers across several other Asia-Pacific currencies.
Medius: Who owns Medius?
Marlin Equity Partners, which acquired it in 2017 and has funded several bolt-on acquisitions since.
Volopay: Are transfers free?
Domestic SGD transfers and the Accounts Payable Automation product are advertised as free; cross-border and cross-currency transactions carry separate fees.
Medius: How is it priced?
By quote, driven by invoice volume and entity count, with payments billed separately on transaction volume.
Volopay: Is pricing published?
No, subscription pricing requires a quote, though the specific cross-currency fee percentages are disclosed publicly.
Medius: Does it replace our ERP?
No. It sits alongside the ERP and posts approved invoices into it.
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