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Payroll · head to head

Paylocity vs Volopay

Paylocity logo

Paylocity

Payroll

HR and payroll solutions to drive employee engagement

From
On request
Rated
-
Full reviewWebsite
Volopay logo

Volopay

Payroll

Corporate cards, multi-currency accounts and accounts payable automation for Asia-Pacific businesses

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.; 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: Paylocity covers Payroll, 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 Paylocity and Volopay actually diverge.

Attributes where Paylocity and Volopay differ
AttributePaylocityVolopay
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 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.

Paylocity

No use cases recorded yet. See the Paylocity review.

Volopay

  • A Singapore-headquartered company paying vendors and staff across several APAC currencies from one accountnot Paylocity
  • A finance team wanting free domestic transfers with accounts payable automation includednot Paylocity
  • A regional business consolidating separate local business bank accounts into one multi-currency platformnot Paylocity
  • A company whose card spend is concentrated in SGD and wants to minimise cross-currency fee exposurenot 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.

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

Paylocity

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

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 Paylocity if

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

Choose Volopay if

  • You need multi-currency business accounts.
  • You work on Web, iOS, Android.
  • You also want virtual and physical corporate cards.
Volopay review

Questions people ask

Is Paylocity or Volopay better?
Neither clearly leads. Paylocity 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, Paylocity or Volopay?
Paylocity starts at On request and Volopay at On request.
Does Paylocity or Volopay run on more platforms?
Paylocity runs on Web, Ios, Android. Volopay runs on Web, iOS, Android.
What can Paylocity do that Volopay cannot?
Paylocity covers Payroll, HR Management, Benefits Administration, Time and Labor. Volopay covers Multi-currency business accounts, Virtual and physical corporate cards, Accounts payable automation, Expense management.

Answered from the vendors’ own pages

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.

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.

Volopay: Is pricing published?

No, subscription pricing requires a quote, though the specific cross-currency fee percentages are disclosed publicly.

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