Handle GreytHR Payroll By Credit Card

Handle GreytHR Payroll By Credit Card – Effortlessly fund payroll using your credit card.

Transfer money from your credit card to your business checking account and streamline payroll management.

Improve cash flow, eliminate delays, and earn rewards with every payroll payment.

SOC1  SOC2   GDPR  PCI DSS   ISO 27001   ISO 20000  ISO 9001   CCPA  NIST 800 53HIPAA

Zil Money is a fintech, not a bank. FDIC coverage is provided through our partner banks Texas National Bank and Lincoln Savings Bank.

Opens sign up form in a modal dialog
Book a Demo

Instant Payments, No Barriers – Pay Anyone by Credit Card Today!

1M+

 

online business
accounts

100B+

 

transaction
value

16M+

 

checks
processed

Using Credit Cards to Save Money on Business Expenses

Cash Back Rewards

Earn Cash Back: Credit cards like the Capital One Spark Card offer 2% unlimited cash back, while the American Express Plum Card offers 1.5% unlimited cash back.

Offset Fees: Using a credit card with cash back can partially offset the 2.90% process fee, reducing the effective cost.

Tax Benefits

Tax-Deductible Fees: The 2.90% process fee can be filed as a tax-deductible business expense, offering some financial relief.

Additional Tax Breaks: Depending on the jurisdiction and tax codes, you may be eligible for additional tax breaks for using credit cards for business expenses.

Cash Flow Management

Cash Float Period: Credit cards often provide a 30 to 45-day payment window, allowing businesses to manage their cash flow better.

Utilize Funds: During this period, the funds can be invested in short-term opportunities or other revenue-generating activities.

Floating Revenue from Bank

Float Revenue – Cash Incentive Earnings: The funds in your bank account for 30 to 45 days could earn Cash incentive or be invested in short-term revenue-generating activities.

Capital Utilization: The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.

Detailed Example: Capital One Spark Card

  1. Process Fee: 2.90%
  2. Cash Back: 2%
  3. Tax Break: 0.06%
  4. Final Fee: 0.35%
  5. Additional Benefit: 30-45 days of cash flow management and float revenue.
A Smartphone Showing Fund FreshBooks Payroll by Credit Card Through Zil Money. Enjoy Instant Access to Funds, Earn Rewards, and Save on Business Expenses

Transfer Money from Credit Card to Business Account

Zil Money allows you to transfer funds directly from your credit card to your business checking account via ACH, wire, or RTP.

A Smartphone Showing Fund FreshBooks Payroll by Credit Card Through Zil Money. Enjoy Instant Access to Funds, Earn Rewards, and Save on Business Expenses

Click Here for an Interactive Demo

Book A Demo →
A man Holding a Smartphone Financial Flexibility at Its Best

Earn Cashback and Rewards

Enjoy credit card cashback and rewards with every transaction. Earn 2-5% cashback on every payroll transaction.

A man Holding a Smartphone Financial Flexibility at Its Best

Import Payroll Summary Easily

 

Zil Money integrates seamlessly with your payroll software, making it easy to import payroll summaries. Eliminate manual entries and ensure accurate payroll payments every time by syncing with your existing payroll system.

A Credit Card Smart Spending, Bigger Savings

Why Zil Money!

A technology-first approach
to payments and finance

Easy to Access

High Security

Easy Payment

A Man Hlding a Laptop. One-Click Fund Transfers

Pay Rent with Your Credit Card

Zil Money accepts your credit card payment and sends it to your landlord via ACH, wire, or virtual card, eliminating payee charges.

A Man Hlding a Laptop. One-Click Fund Transfers
Opens sign up form in a modal dialog
Book a Demo

Frequently asked questions

FAQ Section
How to pay payroll with credit card?
Yes, you can use credit card for payroll processing with Zil Money. Run payroll from your payroll software and fund employee payments through your credit card. This way, you can have greater flexibility while managing cash flow.
How to pay someone with a credit card?
You can pay rent and bills with a credit card easily with the check printing software. Sign in to Zil Money, choose Credit Card from the Pay From section in the Home Page. Then, choose how you want to process the payment, whether through a wire, check mail or ACH.
What is the best payroll software?
There are many payroll software available for small businesses today. You can connect the best payroll software with Zil Money and process payroll by credit card to earn rewards and improve cash flow.
Credit Card vs Expense Card
With Credit cards, you can borrow money up to a limit that you have to pay back with an interest. Expense cards are directly connected to your bank account and you can spend only what you have in your account without borrowing. With Zil Money, you can process both credit and card payments easily.

Every Customer Review
is a Story of Trust

"
During a cash shortage while waiting for clients to pay me, Zil Money let me put my payroll on my credit card. It provided a bridge so my business did not suffer. It was super easy to set up and use.