Best Way to Receive Payments Online From Customers

Jul 30, 2022 | Payments

Zil Money is a financial technology company, not a bank or an FDIC member. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank, Texas National Bank, and East-West Bank.

Your accounts receivable are an integral part of your business. Building your own billing system from scratch would need to be continuously maintained and updated to support new product launches, business models, pricing experiments, global expansion, changes in regulatory requirements, and other changes. This would take up a considerable investment for your enterprise and become taxing for your team to stay on top of your company’s accounts payable and accounts receivable.

Now there is a more efficient way to accept payments online with the help of all-in-one cloud-based accounting software by Zil Money. Whether you’re billing customers daily, weekly, monthly, or annually in advance or in arrears, our unified API lets you accept customer payments in any payment method your client wants- Check, Card, or PayPal. 

Smarter Invoicing Solution

An invoice is a legal record containing the name of the seller and client, description and price of goods or services, and payment terms. It is a document the seller provides to the buyer to collect payments.

An invoice serves as a legally binding agreement showing both parties’ consent to quoted price and payment conditions. Businesses need to provide invoices to demand payments from customers.

An invoice serves various functions, including:

  • Maintaining Records

An invoice is used to establish the date that a good was sold, the buyer and seller, as well as to act as future evidence of payment.

  • Payment Tracking

An invoice is an invaluable tool for accounting. It helps both buyer and seller track their payments and the amount owed.

Legal Protection

An invoice is legal proof of the agreement between buyer and seller on a set price. It protects merchants against fraudulent lawsuits.

  • Tax Filing

Recording and maintaining all sale invoices helps the company to report its income and ensure that it’s paid the proper amount of taxes.

  • Business Analytics

Analyzing invoices can help businesses gather information from their customers’ buying and identify trends, popular products, peak buying times, and more.

Zil Money invoicing software helps you create, customize and send professional invoices to get paid by any payment method your clients prefer, including credit card, bank transfer, or PayPal. You can keep a record of all the transactions on our platform. Our invoicing solution is best suited for online and in-person retailers, subscription businesses, software platforms, and the marketplace.

With Zil Money, you will be assured that your invoice complies with your country’s tax rules and layout requirements. Moreover, you can customize your invoices, add the company logo and colors, and add line items, discounts, and tax rates directly to your invoice, to create clean and professional-looking invoices for clients.

      How to Get Paid By Link

        Using Zil Money software, you can create get paid by link HTML forms and send them to the customer as SMS or email. This allows you to get payments from anyone through a check, card, PayPal, Stripe, or BitPay. This can help you receive payments, donations, rents, etc. It is a simple and easy way of receiving payments online hassle-free.

        1. Link Generated Automatically, or create a custom link.
        2. Send the Link to Payer, or place it on your website.
        3. Receive Payments through Check, PayPal, or Card.

        Complete Billing Software for SMEs

        Zil Money provides a complete billing solution for your business. This can help you manage invoices, send payment reminders, keep track of payments and accept payments online effortlessly in one platform. You can save hours for your finance team by setting up a recurring billing cycle for regular customers and charge them automatically. Our accounting software provides an all-in-one payments platform to pay and get paid by checks, eChecks, check draft or demand drafts, ACH, and wire transfer.

        Get customized expense reports to increase cash flow visibility. Keep track of all your invoices and bills on one platform. You can also import bills and invoices from any accounting software you use to our platform. We are integrated with widely used accounting software like QuickBooks Online, QuickBooks Desktop, Zoho Payroll, Xero, and Gusto.

        Our platform helps your accounting team close those month-end and quarter-end closing reports by offering auto reconciliation with your bank accounts. You can link multiple bank accounts on our platform, as we are connected with over 22000+ banks in the U.S. and Canada.

        Why Choose Zil Money to Streamline AP AR

        Zil Money provides many benefits and features that let small business manage their accounts payable and accounts receivable in one platform at affordable prices. It helps automate payments from start to finish, so you spend less time on payment tasks and more time on work that matters. Try our free 14-day trial period, and we are sure you won’t leave disappointed!

        Get in Touch

        (408) 775-7720

        Make a call directly to our customer support team to get assistance instantly.

        support@zilmoney.com

        Email us to resolve any queries you have about Zil Money.

        111 N Market St, San Jose, CA 95113

        PO Box 6543, Tyler TX 75711

        You May Also Like…