If you would like to take benefit of the 20% discount that comes with the annual plan or if you wish to not worry about monthly recurring subscriptions, then you can switch to the annual plan. The annual subscription is only available with these plans.

I have an older subscription
In this case you need to go to your Paymo account → click on your name (bottom left) → Subscription and billing → Switch to new pricing plan and select the annual subscription.

I have a new monthly subscription
You need to go to your Paymo account → click on your name (bottom left) → Subscription and billing → Cancel your current subscription and then re-upgrade selecting the annual subscription.

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