You will be invoiced for Pay with TransferWise monthly, and see an additional charge included on your Xero invoice. TransferWise will not charge separately for payments made using Pay with TransferWise. You can change (upgrade or downgrade) your pricing plan once a month, which will then take effect the following monthly billing cycle.
A payment ‘transaction’ means an individual payment or part payment of a bill that is successfully processed using Pay with TransferWise. So one batch of 20 bills would mean 20 transactions. If you pay a bill in instalments, then each part payment will be one transaction. Transactions can only be used within your Xero subscription month and do not roll over to the following month.
*Get Pay with TransferWise (including additional transactions) for free until 31 July 2020. Once this period has ended, standard pricing will apply. Offer subject to Xero's offer details.