This blog gives you information on how you can make American Express Credit Card Payment without interchange fees.
Having a wedding boutique helps you to be part of one of the most cherished chapters in someone’s life. However, there are responsibilities too. When a couple trusts you with such a significant part of their journey, they’re not just looking for a dress or accessories—they’re looking for reassurance, guidance, and someone who understands the importance of their vision.
Each time when they approach you for even the smallest alteration, you should be able to give them the best service. For this, you should have efficient equipment and other stationary like measurement tools, order forms, and fabric samples ready. Maintaining this level of preparedness often depends on your relationships with vendors and suppliers.
In order to have a good relationship with them, they must be paid on time. Timely payments to vendors when you have enough money with you are fine, but what about when you have fund shortages? Whether you have money or not, that should never bother your vendors. If you need products on time, you should pay vendors on time.
Using credit cards is the best solution you can have. But, the problem with credit cards is that they have interchange fees, which are the transaction fees your payee has to pay while receiving your credit card payments. For this reason, many vendors are reluctant to accept credit card payments. So, using credit cards alone cannot help you pay vendors when you have a fund shortage. You need a solution that can help you eliminate the interchange fees of credit cards.
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What Is the Ultimate Solution?
Presently, the number one solution that can help you is Zil Money. The platform’s pay-via-credit card feature lets you pay your vendors without them having to pay transaction fees. This way, you can enjoy the rewards offered by the credit card provider without worrying about the transaction fees your vendor has to pay. You can use the cashback you receive to invest further in the business and thereby increase your profitability.
Now, let’s see how the platform makes this possible.
When you make a credit card payment with the platform, the platform first accepts your payments and then, deposits them at your vendor’s account via the methods chosen by you. You may choose among the multiple payment options offered by the platform. ACH, wire, virtual card, and check mail are some of the choices you get.
Use Credit Card for Payroll
With Zil Money, you can use credit cards for paying payroll as well. For making payroll payments, you need to have funds in your business account. But if you are using your credit card, you cannot transfer money from your credit card to your own business account. That’s where the cloud-based platform comes to your help. The platform helps you in transferring funds from your credit card to your business account. A feature like this helps you to pay your employees even when you have a fund shortage.
After the funds are received in your account, it will be your payroll provider who will be distributing your payroll. However, you can also use the cloud-based platform for the distribution purpose. For that, you just have to integrate the platform with your payroll software. By choosing the platform, you are getting access to the wide range of payment solutions offered by the platform.
Accept Card Payments Easily
Imagine that your boutique not only sells products directly to your clients, but you also have a dealership with many small shops in the other town. They collect dresses from you and sell them at their shops. To maintain getting bulk orders like this, you should offer easy ways to pay you.
With Zil Money, you may easily create and send payment links to your dealers via email or SMS. When they click on the link provided by you, they will be directed to a specific payment page. From there, they can easily pay you either directly from their bank account or from their credit card. The ability to use credit cards allows them to collect rewards and cashback.
The platform ensures a smooth and professional payment experience for your dealers, fostering trust and encouraging timely payments. By offering this flexibility, you not only simplify the operation of your dealers but also strengthen the relationship with them.
Conclusion
With Zil Money, you can make American Express Credit Card Payment without any interchange fees. The platform accepts your credit card payment and pays your vendors via the payment option you have chosen. Moreover, with the platform, you can use credit cards for paying payroll as well. Using credit cards for making payments helps you to collect rewards and cashback, which you can invest back in the business. The platform also allows you to accept credit card payments.