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Payroll · head to head

Paylocity vs Refyne

Paylocity logo

Paylocity

Payroll

HR and payroll solutions to drive employee engagement

From
On request
Rated
-
Full reviewWebsite
Refyne logo

Refyne

Payroll

Earned wage access for Indian employers, with a per withdrawal convenience fee

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Paylocity the Internet Archive's capture of Paylocity's homepage on 3 January 2021 named a wide suite of modules, including Payroll, On Demand Payment, HR Edge, Recruiting, Performance Management, Compensation Management and a Learning Management System, all sold via 'Request a Demo' with no price figures published.; Refyne the employee pays a convenience fee on every withdrawal and Refyne does not publish the schedule, so an HR buyer approving it as a free benefit is approving a cost that lands on the lowest paid staff.
  • They diverge on capability: Paylocity covers Payroll, Refyne covers Payroll and attendance integration.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Paylocity and Refyne actually diverge.

Attributes where Paylocity and Refyne differ
AttributePaylocityRefyne
Founded1997Unknown

Identical on both: starting price (On request), pricing model (quote), free tier (No), platforms (Web, Ios, Android), user rating (Not yet rated), category (Payroll).

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 Paylocity

  • Payroll
  • HR Management
  • Benefits Administration
  • Time and Labor
  • Talent Management
  • Employee Engagement
  • Slack
  • Microsoft Teams

Only in Refyne

  • Payroll and attendance integration
  • Employer policy controls
  • Instant withdrawal
  • Automatic payroll recovery
  • Employee app
  • Employer dashboard
  • Savings and insurance add ons
  • Multi entity support

What people use each for

The jobs each tool is most often brought in to do.

Paylocity

No use cases recorded yet. See the Paylocity review.

Refyne

  • A manufacturer with high attrition among shift workers who leave over payday cash gapsnot Paylocity
  • A staffing company wanting a retention benefit that costs the employer little to deploynot Paylocity
  • An employer replacing informal salary advances processed manually by finance every monthnot Paylocity
  • A large retail or logistics operator standardising early wage access policy across many sitesnot Paylocity

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Paylocity

  • The Internet Archive's capture of Paylocity's homepage on 3 January 2021 named a wide suite of modules, including Payroll, On Demand Payment, HR Edge, Recruiting, Performance Management, Compensation Management and a Learning Management System, all sold via 'Request a Demo' with no price figures published.

Refyne

  • The employee pays a convenience fee on every withdrawal and Refyne does not publish the schedule, so an HR buyer approving it as a free benefit is approving a cost that lands on the lowest paid staff.
  • A flat fee on a small withdrawal a few days before payday is expensive when annualised, which means the product can be more costly per rupee than the informal advances it replaces.
  • Because usage generates revenue, the provider's incentives favour higher withdrawal frequency, which runs against the financial wellbeing framing used to sell it internally.
  • It depends on accurate live attendance and payroll data, so employers with monthly batch payroll or unreliable attendance capture get conservative accrual limits that frustrate employees.
  • Earned wage access in India sits in an unsettled regulatory space between payroll advance and credit, and a Reserve Bank of India view that reclassifies it would change the product for existing customers mid contract.

Pricing, plan by plan

Paylocity

On request
  • Core Payroll$undefined/month
    • Payroll Processing
    • Tax Services
    • Direct Deposit
  • Complete HCM$undefined/month
    • All Core features
    • HR
    • Benefits

Refyne

On request
  • Refyne for employers$undefined/year
    • Employer cost quoted per customer and often nil
    • Employees pay a flat convenience fee on each withdrawal
    • No interest charged, but the per withdrawal fee is not published

Which should you pick?

Choose Paylocity if

  • You need payroll.
  • You work on Web, Ios, Android.
  • You also want hr management.
Paylocity review

Choose Refyne if

  • You need payroll and attendance integration.
  • You work on Web, iOS, Android.
  • You also want employer policy controls.
Refyne review

Questions people ask

Is Paylocity or Refyne better?
Neither clearly leads. Paylocity starts at On request and Refyne at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Paylocity or Refyne?
Paylocity starts at On request and Refyne at On request.
Does Paylocity or Refyne run on more platforms?
Paylocity runs on Web, Ios, Android. Refyne runs on Web, iOS, Android.
What can Paylocity do that Refyne cannot?
Paylocity covers Payroll, HR Management, Benefits Administration, Time and Labor. Refyne covers Payroll and attendance integration, Employer policy controls, Instant withdrawal, Automatic payroll recovery.

Answered from the vendors’ own pages

Refyne: Does the employee pay to withdraw?

Yes. There is no interest, but a flat convenience fee is deducted per withdrawal. Get the exact schedule in writing before rollout.

Refyne: Does the employer pay anything?

Often little or nothing, which is precisely why the cost sits with the worker. Employers who want a genuinely free benefit must negotiate to absorb the fee.

Refyne: Is this a loan?

It is structured as access to already earned wages recovered at payroll, not as lending, but the regulatory classification in India is not fully settled.

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