Automate late fees and get paid faster
Stop chasing overdue invoices manually. Calculate and apply late fees automatically based on your terms, EU regulations, and Dutch WIK law. Recover what you're owed.
WIK: Minimum fee (over principal up to EUR 2,500)
Built for EU & Dutch regulations
PayRequest follows the EU Late Payment Directive (2011/7/EU) and Dutch WIK (Wet Incassokosten) to ensure your late fees are legally enforceable.
EU Late Payment Directive
Applies to all B2B transactions in the EU. Sets minimum standards for payment terms and compensation.
Dutch WIK Law (Incassokosten)
The Netherlands has specific collection cost rules. The WIK staffel determines maximum collection costs based on the principal amount.
B2B vs B2C: Different rules apply
Late fee regulations differ significantly between business and consumer transactions. Make sure you apply the correct rules.
Business to Business (B2B)
Business to Consumer (B2C)
PayRequest automatically applies the correct rules based on your customer type settings.
How automatic late fees work
Once configured, PayRequest handles everything automatically — from calculation to notification.
Invoice Becomes Overdue
Invoice passes due date plus any configured grace period
Fee Calculated
Late fee automatically calculated based on your configured rules
Customer Notified
Email sent to customer with updated invoice and late fee breakdown
Payment Collected
Total amount (including late fees) collected when customer pays
Complete late fee toolkit
Everything you need to automate collection costs and encourage timely payments.
Automatic Calculation
Late fees calculated automatically based on your configured rules and EU/NL regulations
Flexible Fee Structures
Choose from flat fees, percentages, daily interest rates, or the WIK staffel system
Grace Periods
Set customizable grace periods before late fees apply — standard is 14 days in B2B
Auto-Apply to Invoices
Late fees automatically added to overdue invoices based on your settings
Customer Notifications
Automatic emails notify customers when late fees are applied to their invoices
Compliance Built-in
Pre-configured rates following EU Late Payment Directive and Dutch WIK law
Works with your invoicing workflow
Late fees integrate seamlessly with PayRequest's invoicing and customer management features.
Enable automatic late fees today
Configure your late fee rules once and let PayRequest handle the rest. EU and Dutch law compliant.