specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Relay
providerId: relay-financial
created: '2026-06-20'
modified: '2026-06-20'
reconciled: true
tags:
- Business Banking
- Fintech
- SMB
- Cash Flow
- Bill Pay
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Relay spend. Relay does not bill usage-based API consumption
  because it has no public API. Cost is a flat monthly software subscription
  (Starter free, Grow $30/mo, Scale $90/mo) bundled with business banking;
  some banking activities (for example, outgoing wires or expedited transfers
  beyond plan allotments) may carry per-transaction fees set by the platform
  and partner bank. This artifact frames those subscription and transaction
  costs in FinOps terms.
notes: >-
  Subscription prices reflect Relay's public pricing page as of 2026-06-20.
  Relay markets "$0 hidden fees" but specific per-transaction banking fees
  (wires, expedited transfers) should be verified on the pricing and support
  pages during reconciliation. There is no API metering to track.
sources:
- https://relayfi.com/pricing/
- https://support.relayfi.com/hc/en-us
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Relay
serviceCategory: Financial Services
billingModel:
  pricingCategory: Subscription-Based
  billingFrequency: Monthly
  billingCurrency: USD
  chargeCategories:
  - Purchase
  - Usage
  - Adjustment
focusColumns:
  ServiceName: Relay Business Banking
  ServiceCategory: Financial Services
  ProviderName: Relay
  PublisherName: Relay
  InvoiceIssuerName: Relay
  BillingCurrency: USD
  ChargeCategory: Purchase
  PricingCategory: Subscription-Based
meters:
- name: subscription_fee
  description: Flat monthly software subscription per plan (Starter / Grow / Scale).
  unit: months
  aggregation: sum
  dimensions:
  - account
  - plan
- name: transaction_fees
  description: Per-transaction banking fees beyond plan allotments (e.g., outgoing wires, expedited / same-day ACH transfers).
  unit: transactions
  aggregation: sum
  dimensions:
  - account
  - transaction_type
principles:
- name: Visibility
  description: Track the monthly Relay subscription tier and any per-transaction banking fees against budget.
- name: Allocation
  description: Use Relay's multiple checking accounts to envelope and allocate cash by purpose, team, or cost center.
- name: Optimization
  description: Match the plan tier to actual usage; higher tiers raise savings APY and card cash-back and add free same-day ACH allotments, which can offset the subscription cost.
- name: Accountability
  description: Assign account/card ownership and review subscription tier plus transaction fees periodically.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com